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.
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...
Understanding Sales Tax on Pets and Pet Supplies in Minnesota
Understanding the taxability of Pets and Pet Supplies is important for businesses and individuals involved in the pet industry in Minnesota. Let's delve into the details and guidelines provided by...
Understanding Employee Meals and Free Meals in Minnesota: Tax Guidelines
It's crucial for businesses to understand how to properly handle taxes when it comes to employee discounts and providing complimentary meals. Let's delve into the details and guidelines provided by...
Sales Tax on Vending Machines and Amusement Devices in Minnesota
Understanding the taxable and non-taxable items sold through vending machines, as well as the taxability of various amusement devices, is crucial for business owners and individuals alike. Let's...
Sales Tax Guidelines for Sales to Government and Nonprofit Organizations in Minnesota
Let us provide the important information about the sales tax implications of selling food and beverages to government entities and nonprofit organizations. Understanding the taxability of such sales...
Sales Tax Guidelines for Pet Boarding and Grooming Services
Understanding the tax obligations associated with these services is crucial for businesses in the pet care industry. Let's delve into the details and provide you with valuable insights from the...
Taxation of Compressed Natural Gas (CNG) in Minnesota: What You Need to Know
If you're using compressed natural gas (CNG) as a propulsion fuel in a licensed motor vehicle in Minnesota, it's essential to understand its tax obligations. The Minnesota Department of Revenue...
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.
