Blog

You may have heard about student loan forgiveness in the past and written it off as not being an option for you to escape your student debt. You may have assumed you would need to cure malaria in the jungles of Tanzania or teach school children in a yurt in...

Employees are the lifeblood of any business. Attracting and securing the right people is challenging and essential for success. Good employees stabilize business. Great employees take it to the next level. At strong companies, recruiting teams are always grinding. They’re either planning, executing, evaluating, or brainstorming new ideas. If your...

When you think of your favorite accounting professional, what picture immediately comes to mind?  Is it the seasoned professional with green eyeshade and pocket protector running a 10-key calculator, or someone with a little more zest for living – say a weekend marathon runner or gourmet foodie?  Should all accountants...

As part of the Omnibus Tax Bill passed by the Minnesota State Legislature during the 2017 Special Session and signed into law by Governor Dayton, the Minnesota Estate Tax Exclusions have been retroactively increased for Estates of Decedents dying after December 31, 2016 to the following: $2,100,000 (for decedents passing...

The IRS has recently released Revenue Procedure 2017-34 (effective 6/9/2017) to provide a permanent simplified method for estates to make an election to pass the Deceased Spouse’s Unused Exemption (DSUE) to the surviving spouse (aka the estate tax portability election). BACKGROUND IRC Section 2010(c)(5)(A) provides that for a DSUE election...