Month: February 2019
February 25, 2019 by Staff
Many businesses have considered upgrading their ERP system but have been afraid to do so, fearing the implementation will end up costing them too much time and money while also disturbing the processes they have grown so accustomed to. However, once you factor in the benefits inherent in upgrading to...
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One provision that generates lots of attention is the 20% Qualified Business Income (QBI) deduction for small businesses. A huge area of uncertainty is whether a residential rental activity qualifies for the deduction because it may not pass the threshold of being an active trade or business. Recent guidance provides...
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February 20, 2019 by Staff
Colleen Netzell, CPA joined more than 70 business advisers on Feb. 5 for CPA Day at the Capitol, hosted by the Minnesota Society of Certified Public Accountants (MNCPA). CPA Day at the Capitol is an opportunity for MNCPA members to carry a unified message to legislative leaders and elected...
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