Redpath Insights

SECURE Act: Summary of Key Provisions In The New Legislation

The SECURE Act (Setting Each Community Up for Retirement) recently passed, and the effects on employer-sponsored retirement plans as well as individual tax situations are the most significant since the Pension Protection Act of 2006. The...

Katie Goeman Joins Redpath and Company as Audit Partner

St. Paul, Minnesota (October 1, 2019) โ€” Certified public accounting firm Redpath and Company, Ltd. (Redpath) has hired Katie Goeman, CPA, as an audit partner. โ€œWe are excited to have Katie as part of the Redpath team, and she will have an...

Redpath and Company Announces 2019 Partner and Director Promotions

St. Paul, Minnesota (October 1, 2019) โ€” Certified public accounting firm Redpath and Company, Ltd. (Redpath) has promoted Ryan Everhart and Jared Weiskopf to partner and Teresa Radermacher to director.

Substantiation to Prepare For an IRS Examination

December 31, 2018 โ€” Most businesses incur travel, meal, gift, and listed property expenses in the ordinary course of business. The IRS requires documentation in order to substantiate that these expenses have a legitimate business purpose and if...

Avoid These Two Employee Benefit Plan Audit Findings

June 26, 2018 โ€” Redpath and Company audits over 100 employee benefit plans per year, and in doing so we sometimes come across Employee Benefit Plans that have problems. Today, we want to highlight two of the biggest areas of concern that we come...

Mitigate Audit Risk with Your Sales Tax Procedures

May 29, 2018 โ€” Federal tax reform has made big news this year, but the state level is another animal altogether. Each state is almost like a different country when it comes to taxes, and state regulations can evolve from year to year. Therefore,...

Minnesota Supreme Court Sides with Counties

May 2, 2018 โ€” The Minnesota Supreme Court recently upheld 2015 legislation that authorizes counties to exercise the option to have their audits performed by either the Office of the State Auditor (OSA) or a certified public accounting firm (CPA)....

Does Your Organization Need a Retirement Plan Audit?

August 10, 2017 โ€” Does your company have a retirement plan, such as a 401(k) or ESOP, and cover 100 or more participants?  If so, youโ€™re required by law to have an annual audit of the plan completed and filed with the IRS and Department of Labor...