Author: Jason Kindseth
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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The last several years have been a whirlwind of tax law changes at the Federal and state levels. The following is an update targeting business owners and financial professionals that are not following the day-to-day changes in the tax code. Important Dates There are many important dates for tax filings...
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How often do you review your company’s financial information? There isn’t a perfect answer to that question, but “Never” or “Only when forced” are answers that are all too common. My recommendation is at least Quarterly for small companies and Monthly for most companies. Financial Review meetings don’t have to...
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