February 19, 2021 - If your company does business in states outside of your primary location, you may already know that you're required to collect and remit sales tax there. After Wayfair vs. South Dakota, a 2018 Supreme Court ruling, most states...
December 18, 2020 -On December 16, 2020, Governor Walz signed a COVID-19 economic assistance package into law that provides business assistance grants for certain businesses operating in Minnesota that were closed to the public due to Executive...
December 14, 2020 - Some Minnesota companies have Wisconsin resident employees working from home due to Covid-19. These employees may now have an unexpected tax liability when they file their 2020 Wisconsin income tax return if their Minnesota...
November 19, 2020 - If you're looking to transfer wealth, protect your assets, and manage taxes, trusts can help secure a stronger financial future for your business and family. State income tax implications can also affect the way you structure...
October 16, 2020 - In a special session on Oct. 15, the Minnesota State Legislature approved $208 million in tax relief by conforming to federal rules related to Section 179 expensing. Minnesota will now allow up to $1 million in annual Section...
March 6, 2020 โ Yesterday, on March 5th, 2020, business tax partner John Kammerer testified before the Minnesota House Tax Committee on behalf of S corporations and other pass-through businesses in the state of Minnesota. Testimony can be viewed...
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.
June 3, 2019 โ 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...
May 28, 2019 โ 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...
May 1, 2019 โ 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...
