St. Paul, Minnesota (August 2nd, 2019) โ Redpath and Company, Ltd. (Redpath) has been named one of the Top 50 Construction Accounting Firms in 2019 by Construction Executive. A complete list of those companies selected can be found here.
A major employer law change for business owners went into effect on July 1st, 2019 with criminal provisions effective August 1st, 2019. That is when the Minnesota Legislature enacted a new Minnesota Wage Theft Law, passed and signed by Governor...
Health plans are an important benefit that organizations offer their employees and starting in 2020, there are two new ones that organizations wanting to offer HRAs can consider. HRA The HRA (Health Reimbursement Arrangement) is a type of plan...
St. Paul, Minnesota (June 11th, 2019) โ Redpath and Company has been named one of the Top 150 Workplaces in Minnesota by the Star Tribune. A complete list of those selected is available at http://www.startribune.com/top-workplaces/510737631/ and...
On Friday, May 31st, Governor Tim Walz signed into law Minnesotaโs response to the federal Tax Cuts and Jobs Act (TCJA). House bill No 5 lays out these changes. Minnesota adopted many of the changes made to the Internal Revenue Code, with several...
With the Tax Cuts and Jobs Act limiting an individual taxpayer to a $10,000 ($5,000 for married filing a separate return) state and local tax (SALT) itemized deduction, many taxpayers no longer benefit from itemizing their deductions. Limiting...
Taxpayers who are in the real estate or construction industry may benefit from making an election to not be subject to the business interest expense deduction limitation that came about through tax reform.
The IRS recently released a set of proposed updated guidance around opportunity zones. You can view a qualified opportunity zones map by clicking here, or read our previous article on the subject by clicking here. Additionally, if youโd like to...
Owners of pass-through entities (S corporations, LLC/partnerships) that sell services or sell/license the right to use intangibles may benefit from analyzing how revenue is being sourced if the owners are residents of states with no income tax...
Buyers and sellers have always taken taxes and tax law into account when evaluating a potential transaction. Sellers want to make sure that the proceeds they receive, net of their tax liability, is appropriate for what they think the company is...
