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.
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...
Approaching the Tax Deadline: Why Consider Filing for an Extension?
As April 15th draws near, many of us experience a mix of dread and urgency. This date, marked boldly on calendars across the United States, signifies the deadline for filing tax returns & —a day...
Beyond April 15: Fine-Tuning Your Business’s Financial Strategy After Tax Filing
After Tax Day: What Comes Next for Your Business? The rush to meet the April 15 tax deadline can often feel like a final sprint in a long marathon for business owners. Yet, crossing this finish line...
Why Small Businesses Are Switching to Prudent Accountants for Superior Payroll Services
The Vital Role of Payroll Services for Small Business Success In the dynamic landscape of small businesses, managing payroll effectively is not just a necessity but a strategic asset. Payroll...
Mastering the April 15th Tax Deadline: Last-Minute Strategies
The Critical Countdown: Why April 15 Matters As the calendar pages turn, April 15th Tax Deadline looms large across the United States. Marked as the primary deadline for tax filings, this date...
Simplify, Strategize, Succeed: IRS Payroll Compliance
As tax season draws near, the complexity of filing various information returns can overwhelm employers. However, within this challenge lies an opportunity for efficiency and compliance. At Prudent,...
The April 15th Countdown: Essential Tax Tips for Businesses
The Imperative April 15th Deadline for Businesses With April 15th rapidly approaching, businesses are entering a critical phase of financial compliance and strategic planning. For businesses,...
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.
