Category: Client Accounting & Advisory Services
The Minnesota Unclaimed Property Act is a consumer protection law intended to allow the owner of financial assets to retrieve property even after an extended period. The State obligates every business to assist in this retrieval process by reporting any unclaimed property held. What is Unclaimed Property? Unclaimed property refers...
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Surprises are not a good thing when it comes to your finances. Unfortunately, a lack of retirement income planning can set you up for potential spikes in income that could result in higher-than-necessary taxes. Here are 4 steps to help ensure a smooth and tax-efficient flow of income in retirement....
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As we enter 2025, rental property owners and managing agents in Minnesota, must be aware of the new requirements for filing Certificates of Rent Paid (CRP). The Minnesota Department of Revenue has introduced a significant change. This year, all CRPs must be submitted online using the state’s e-Services system. This...
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Not-for-profit organizations depend heavily on the dedication of volunteers to advance their mission, ensure fiscal health, and navigate the complexities of legal compliance. At the helm of this governance is the ultimate volunteer: the board of directors. If you’ve ever considered serving on a not-for-profit board but were uncertain about...
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Ever been surprised by the balance in your bank account? Have you ever wondered, “Where did my money go?” or “How did my balance get so high?” If you’ve found it challenging to identify the reasons behind these changes, personal financial statements can help. They’re an easy way to track...
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