by admin | May 29, 2025 | Blog
Many small business owners pay for business expenses out of their own pocket—because it’s faster, easier, or just how they’ve always done it. But what if we told you those out-of-pocket expenses might not be properly deducted on your taxes? And that could be costing...
by admin | May 28, 2025 | Blog
You finally caught a break—your lender forgave part (or all) of your business debt. But now the IRS wants a piece of that too? That doesn’t seem fair. And yet… it’s real. If you’ve had any debt forgiven—whether a business loan, credit card, lease, or a COVID-era...
by admin | May 23, 2025 | Blog
Recent changes to U.S. trade policy are once again shifting the financial ground for small businesses—especially those that rely on imported goods, packaging, food products, or materials. While some tariff rates have been temporarily reduced, uncertainty remains high....
by admin | May 22, 2025 | Blog
When you hear “research and development tax credit,” you might picture scientists in lab coats or tech companies building new software. But what most business owners don’t realize is this: many small businesses qualify, and they’re missing out on thousands in...
by admin | May 16, 2025 | Blog
Homeowners across Minnesota have long aired frustrations over aggressive homeowners association (HOA) boards—associations levying arbitrary fines, refusing access to financial records, and threatening foreclosure over unpaid dues. Until now, many of these powers went...
by admin | May 14, 2025 | Blog
For many small business owners and self-employed professionals, tax season may feel like it ends in April. But in reality, the IRS operates on a “pay-as-you-go” system—and if you’re not keeping up with estimated payments, you could be heading for costly penalties and...
