Month: April 2022
When plans reach a certain size, they are required to file the regular Form 5500 instead of the Short Form. In addition, plans are typically required to be audited and those audited financial statements are to be attached when the longer Form 5500 is required. The general requirement to file...
Read More
There is a large payroll tax increase for employers (businesses and non-profits) in Minnesota that hasn’t gotten much attention. The increase is starting to be noticed now that Quarter 1 2022 payroll tax filings are coming due and taxes have to be paid. This increase is in MN Unemployment tax...
Read More
Step 1 – Record bank feed transactions Bank Accounts Categorize expenses to expense accounts. Transfer money to any other bank account owned by your Company. Record Credit Card Payments for any payments from your bank account to your credit card. Match bank feed activity to transactions you’ve already recorded in...
Read More