May 20, 2021 - Minnesota State leaders in the Legislature and Governor Tim Walz have announced their intent to allow both $10,200 of unemployment benefits and all proceeds from forgiven PPP loan applications to be excluded from income in...
March 23, 2021 โ Minnesota employers are accustomed to receiving their unemployment insurance (UI) tax rate notices in December notifying them of their unemployment tax rate for the coming year. This early notice generally allows employers time...
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...
