INSIGHTS
Small business financial strategy, without the finance-speak.
Bookkeeping best practices, tax planning that keeps money in your business, payroll compliance, and fractional CFO thinking. The small business accounting blog is written by the team that handles this work for businesses every day, in plain English, without the fluff.
Photography Industry Guide – Minnesota Department of Revenue
Photography This guide will help you determine which photography products or services are taxable. There are different kinds of photography products and services, such as the following: Aerial...
Meat Processors – Industry Guide – Minnesota Department of Revenue
Minnesota Statute 297A.68, subd. 2 provides an exemption for materials used or consumed in the processing of meat if the meat will ultimately be sold at retail, either by you or by your customer....
Minneapolis Special Local Taxes – Industry Guide
The Minnesota Department of Revenue administers these Minneapolis special local taxes. Minneapolis Entertainment Tax (applies city wide) The 3% entertainment tax applies to: Admission fees The use...
Local Sales and Use Tax Guide – Minnesota Department of Revenue
This information describes the sales and use tax topics related to local sales and use taxes. Use Guide Menu links for specific topics. New or Updated Local Sales and Use Taxes April 1, 2024:...
Labor – Installation, Fabrication, Construction, and Repair – Industry Guide
This fact sheet describes the different kinds of labor and how Minnesota sales and use tax applies to each. It includes: Installation labor Fabrication labor Construction labor Repair labor Taxable...
Items for Use Outside of Minnesota – Industry Guide
This fact sheet covers: Items delivered outside Minnesota Items delivered into Minnesota and stored in a public warehouse Items picked up in Minnesota for business use outside Minnesota Advertising...
Health Product Exemptions – Industry Guide
This fact sheet describes exemptions allowed for specific health products. Baby Products The following baby products are exempt from sales tax: Baby bottles and nipples Breast pumps Diapers (cloth...
Health Care Facilities – Industry Guide – Minnesota Department of Revenue
This fact sheet outlines the sales and use tax exemptions for the following health care facilities: Hospitals Outpatient surgical centers Clinics Critical access dental providers Nursing homes...
Grooming and Hygiene Products – Minnesota Department of Revenue
This fact sheet defines and summarizes how Minnesota Sales and Use Tax applies to grooming and hygiene products. Definition Grooming and hygiene products, including for babies, are taxable. Grooming...
Advertising – Industry Guide – Minnesota Department of Revenue
Nontaxable Advertising Services Minnesota Rule 8130.9250, Advertising, is the basis for this fact sheet. The guidelines in the rule apply only when providing advertising services or creative...
Building Cleaning and Maintenance Industry Guide – Minnesota Department of Revenue
Building Cleaning and Maintenance Industry Guide This information describes the sales and use tax topics related to the building cleaning and maintenance industry. Use the links in the Guide Menu to...
Prepare Now: The Essential Guide for Non-Profits Facing the May 15 Tax Deadline
As the calendar pages turn, the May 15 tax deadline for non-profit organizations looms closer. This date marks a crucial deadline for many non-profits to file their tax returns. Preparing ahead of...
Wondering what any of this looks like for your business?
The articles cover the general principles. Every business has specific details. If you’d like to bring yours to a 30-minute conversation, we’ll listen first, then only recommend what actually fits.
