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.
2023 Year-End Business Statements. Are they Truths or Lies? Find out below.
There is a lot on your plate as a small business owner. Your head is spinning with things to manage from daily operations, to making decisions, engaging with your buyers, and ensuring growth for...
Building Productivity, for Small Businesses; The Way Forward in 2024
As we approach the end of 2023 the business environment is changing rapidly. With the opportunities and challenges that lie ahead in 2024 efficiency is becoming increasingly important for...
Year End Accounting Checklist for Small Businesses
Running a small business is a journey filled with aspirations, challenges, and growth. For first-time entrepreneurs, especially those managing small family-owned ventures, this journey can sometimes...
Lawn and Garden Maintenance, Tree and Shrub Services – Sales Tax Fact Sheet & Industry Guide
Minnesota Sales Tax applies to lawn and garden maintenance, indoor plant care, tree and shrub services, and other taxable services discussed in this fact sheet. For more information, see the Nursery...
Retailers and Wholesalers – Sales Tax Fact Sheet & Industry Guide
Retailers and Wholesalers Most retail sales are taxable in Minnesota. A retail sale means any sale, lease, or rental of tangible personal property for any purpose other than resale, sublease, or...
Chiropractors – Sales Tax Fact Sheet & Industry Guide
Taxable Sales Sales of some chiropractic services and products may be taxable. Note: While sales tax may not apply, gross revenues for chiropractic services and certain items are subject to...
Veterinary Practice – Sales Tax Fact Sheet & Industry Guide
This information describes the sales and use tax topics related to the Veterinary Practice . Use the links in the Guide Menu to see information about that topic. Sales – Pet Animal Practice Pet...
Petroleum Products – Sales Tax Fact Sheet & Industry Guide
Motor fuels and other petroleum products are subject to either petroleum tax or sales and use tax, but never both. Petroleum tax applies to fuel used in licensed motor vehicles. Fuels for...
Printing Industry-Sales Tax Fact Sheet & Industry Guide
This sales tax fact sheet provides general information about how Minnesota Sales and Use Tax applies to printing and related items and services. Lists are included to help you determine the...
Exercise Facilities and Health Clubs – Sales Tax Fact Sheet & Industry Guide
Fees and Memberships Fees or charges for access to the types of health clubs and similar businesses listed below are taxable. Exercise facilities Health clubs Reducing salons Saunas Spas Steam baths...
Selling Event Exhibitors and Operators-Sales Tax Fact Sheet & Industry Guide
Any business, individual, promoter, operator, or fair board making taxable sales at a flea market, collector’s show, craft show, antique show, county fair, trade show, or similar event must be...
Contractors and Other Property Installers-Sales Tax Fact Sheet Industry Guide
Defining Real Property Real Contractors & Property Includes: Land Buildings and structures erected on the land and intended to be permanent Improvements or fixtures incorporated into buildings...
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.
