Blog

Unlocking Growth: How the New SBA Working Capital Pilot Program Empowers Small Businesses

Empowering Small Businesses with New Financial Tools The Biden-Harris administration has introduced the Working Capital Pilot Program (WCP) through the…
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The Essential Guide to Debits and Credits in Accounting

Understanding the principles of debits and credits is crucial for anyone involved in accounting. These concepts form the core of…
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Unlock New Opportunities with the Minnesota PROMISE Act: Grant and Loan Programs Now Open

The Minnesota PROMISE Act is a lifeline for small businesses in the Minneapolis/St. Paul area, offering crucial financial support to…
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The Sweet Truth: Understanding Minnesota’s Soft Drink Tax

Are you a retailer or restaurant owner in Minnesota, wondering how the state's sales tax applies to your products? Let's…
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Best Practices for Tracking Expenses as a Business

The Importance of Expense Tracking Effective expense tracking is crucial for the financial health and growth of any business. Properly…
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Tax Trek: Navigating Minnesota’s Seafood & Meat Maze

Attention, Minnesota food vendors! Are you aware of the nuanced tax implications surrounding ready-to-eat meat and seafood sales? Let's delve…
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Cryptocurrency and Accounting: Embracing the Digital Frontier

The Cryptocurrency Wave: A New Era for Businesses Cryptocurrency, once a niche interest, has surged into mainstream finance. Its decentralized…
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Prudent Accountants: Your One-Stop Shop for Comprehensive Accounting Solutions

In the intricate world of accounting and finance, a multitude of roles exist, each with its own vital contributions to…
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Last Call for Nonprofits: File Your Returns Before It’s Too Late!

As the May 15th deadline approaches swiftly, it’s crucial for nonprofit organizations to ensure that their annual returns are filed…
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The Secret Sauce: How Minnesota’s 75% Rule Shapes Prepared Food Sales

When it comes to navigating Minnesota's sales tax regulations, understanding the nuances can make a significant difference for businesses, especially…
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Embracing the Future: AI in Accounting and the Power of Personalized Service

In the age of digital transformation, Artificial Intelligence (AI) is rapidly reshaping industries and revolutionizing business operations. In accounting, AI…
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Understanding the FTC’s New Ruling on Noncompetes

The Federal Trade Commission (FTC) has recently issued a ruling that changes the rules for noncompete clauses in employment contracts…
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Empowering Growth: How Outsourcing CFO Services Can Elevate Your Business

Financial management often grows more complex as small and medium-sized businesses expand. This critical stage is an opportune time to…
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Lodging Establishments

Hotels and Other Lodging Establishments Industry Guide – Minnesota Department of Revenue

  Sales – Lodging and Related Services Short-term lodging and related services are taxable. Lodging Rental Lodging is the rental…
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Video Production

Video Production Industry Guide – Minnesota Department of Revenue

  Video Production This guide will help you determine which video products and services are taxable. There are many different…
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