Author: Jason Kindseth
Year-end is fast approaching and now is the time to make sure your company is in compliance with all loan covenants. Covenants vary, but the following discusses common affirmative covenants and how to ensure compliance. Business owners/managers should review their loan documents before signing to make sure they understand covenants...
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There are near infinite amounts of books about business concepts and personal productivity. With that much volume it can be hard to find a good read on a topic you are interested in. Below are some books the team and I have found to be useful and links to Amazon...
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You’ve heard the news, interest rates are going up. Few businesses are completely immune from rising rates so now is the time to review your company’s current and future loans and make moves to minimize your interest expense going forward. Explore getting a fixed rate on variable rate loans –...
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As I wrote about on April 12th there was a large increase in Minnesota unemployment taxes for Q1 2022. After nearly all companies filed their Q1 unemployment tax returns (due 5/2) the Minnesota Legislature passed a “Trust Fund Replacement Bill” on April 29. This change reduces the unemployment tax rates...
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There is a large payroll tax increase for employers (businesses and non-profits) in Minnesota that hasn’t gotten much attention. The increase is starting to be noticed now that Quarter 1 2022 payroll tax filings are coming due and taxes have to be paid. This increase is in MN Unemployment tax...
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