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.
Dentist Service – Sales Tax Fact Sheet & Industry Guide
Sales Dental treatment, diagnostic, and preventive care services are not taxable. This includes services performed by licensed dentists engaged in general or specialized dentistry, orthodontists,...
Clothing Services – Sales Tax Fact Sheet & Industry Guide
Clothing for General Use Clothing is exempt from Minnesota Sales and Use Tax. Clothing means all human wearing apparel suitable for general use. Examples of Exempt Clothing for General Use: Aprons...
Personal Services – Sales Tax Fact Sheet & Industry Guide
Barber Shop, Salon, and Spa Services Taxable and nontaxable Personal Services for barber shops, salons, and spa services are listed. Sales Below are some examples of services and products and...
Laundry and Cleaning Services | Sales Tax Fact Sheet & Industry Guide
Laundry, dry cleaning, linen service and supply, carpet cleaning, drapery cleaning, upholstery cleaning, and industrial cleaning are taxable. When you perform these services in Minnesota you must...
Understanding Non-taxable Sales for Nonprofit Organizations
It is important for nonprofits to understand when sales are taxable and when exemptions may apply. In this blog post, we will explore non-taxable sales for nonprofit organizations and shed light on...
Understanding Taxable Sales for Nonprofit Organizations
Nonprofit organizations play a crucial role in our communities, often engaging in various activities to support their mission and generate revenue. However, when it comes to taxable sales,...
Qualifying for Nonprofit Exempt Status in Minnesota
Understanding the requirements and application process for nonprofit organizations seeking sales and use tax exemption is crucial. Let's delve into the details and guidelines provided by the...
Understanding the Taxability of items used in Business Operations
It is important for businesses to understand the taxability of items they use in their operations and be aware of their use tax obligations. Let's delve into the details and guidelines provided by...
Understanding Sales Tax on Discounts and Coupons in Minnesota
Sales Tax on Discounts and coupons are common practices used by businesses to offer customers reduced prices on prepared food and drinks. However, it is important for both businesses and customers...
Understanding Nontaxable Purchases for Prepared Food and Drinks in Minnesota
Understanding which items are exempt from sales tax can help businesses streamline their operations and comply with Minnesota tax regulations. Let's delve into the details and guidelines provided by...
Understanding Sales Tax on Pet Supplies Leases, Rentals, and Equipment Sales
Let’s explore the intricacies of sales tax when it comes to leases, rentals, and equipment sales. Understanding the tax obligations associated with these transactions is essential for businesses to...
Understanding Non-taxable Sales in the Pet Industry
Understanding which sales are exempt from sales tax is essential for businesses and individuals involved in the pet industry in Minnesota. Let's delve into the details and guidelines provided by the...
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.
