Redpath and Company - 2017 Bottom Line

    Redpath and Company - 2017 Bottom Line

    by John Kammerer, CPA

    November 21, 2017 β€” Redpath and Company’s 2017 issue of the Bottom Line Newsletter is here! Inside the newsletter, you will find valuable tax reporting updates and requirements to help you plan and prepare for the upcoming tax season. Learn about form filing requirements, minimum wage laws in Minnesota and Wisconsin, tax strategies, and more.

    ***UPDATE***

    On November 27, the Social Security Administration (SSA) announced that the 2018 social security wage base will be $128,400, not $128,700 as reported in the 2017 issue of the Bottom Line Newsletter. This is still an increase of $1,200 from $127,200 in 2017.

     Click here or on the image below to download the 2017 Bottom Line Newsletter (PDF).

    If you have questions, please contact John Kammerer, Partner and Business Tax Service Area Leader, at jkammerer@redpathcpas.com or 651-255-9305.

    Redpath and Company CPAs Bottom Line for 2017

    INSIDE THIS ISSUE: 

    • Annual Update on Expense Reporting
    • Payroll Wage Bases and Tax Rates
    • Form 1099 Reporting Requirements
    • Minimum Wage Laws for MN and WI
    • Retirement Plan Tax Strategies
    • W-2 Form Reporting Requirements
    • Form CRP Due to Renters Jan. 31
    • State Annual Filing Requirement
    • ACA & Employer Reporting Requirements
    • Household Employee Withholdings
    • Fringe Benefits Provided to 2%+ shareholders
    • Employer-Provided Health Coverage
    Redpath and Company is 100% employee-owned (ESOP) and a leading accounting firm providing proactive, innovative, and value driven CPA services for closely held businesses, government, and not-for-profit entities. The firm started operations in 1971 and has steadily grown ever sinceβ€”with 100% of firm growth being organic. They provide audit, tax, benefit and compensation administration, international consulting, mergers & acquisitions, succession and estate planning, and valuation services. With headquarters in downtown St. Paul, Minnesota, a second office in White Bear Lake, Minnesota, and over 145 employees, the firm ranks as one of the top CPA firms in the Twin Cities area.

    John Kammerer, CPA

    John Kammerer, CPA

    John Kammerer, CPA, is a tax partner at Redpath and Company and holds a seat on the firm’s board of directors. He leads the firm’s business tax service area, assisting clients with tax planning and preparation, entity structuring, and M&A transactions. John works with a variety of clients in industries such as manufacturing, construction, real estate, and professional services. He is a frequent presenter on topics of business taxation and entity structuring. John is also a member of the S Corp Association advisory board and is actively involved with the group to promote and support tax policies that positively impact S Corporations and privately-held businesses. John graduated from Winona State University with a Bachelor of Science degree in Accounting. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Minnesota Society of Certified Public Accountants (MNCPA). He has provided public accounting services at Redpath and Company since 2004.