Blog

The 2014 Minnesota Legislative session passed a law that makes the purchase/lease of equipment used in Minnesota in the manufacturing process exempt from Minnesota sale/use tax effective on purchases beginning July 1, 2015. Previously, the State required businesses to pay the sales/use tax on the purchase, and then had to...

For the first time in our history, four different generations are working together. With that, it is important that we have an understanding of their differences so we can ensure we are engaging one another effectively. The four generations that currently comprise our workforce are Traditionalists (born 1920-1945), Baby Boomers...

Congress has once again extended the “extenders,” a varied assortment of more than 50 individual and business tax deductions, tax credits and other tax-saving laws which have been on the books for years but, technically, are temporary because they have a specific end date. This package of tax breaks has repeatedly...

Beware of scam calls and emails claiming to be from the Internal Revenue Service, U.S. Treasury or Minnesota Department of Revenue The IRS and MN Revenue are warning taxpayers of two specific scams to be on the lookout for. One involves email, and the other consists of con artists calling...

While we wait for Congress to revive some of the expired tax credits and deductions before the end of the year, there are some steps you can take to reduce your tax liability under the current tax laws. Some things will be simpler this year, as the 2015 tax rates...