The pandemic impacted several institutions across the world, as restrictions and the rising number of cases devastated both national and local economies. To provide relief to local businesses, the Minnesota legislature signed the tax 2021 into law last July. In it are tax changes related to unemployment compensation and the Paycheck Protection Program or PPP […]
The SBA Expanded EIDL Program for COVID Disaster Relief
The pandemic left a huge impact on businesses, forcing many to temporarily or permanently shut down operations when the outbreak began. Up until today, businesses continue to reel from the negative economic effects due to all the mobility restrictions and shifts in consumer spending behavior. In response to this, the US Small Business Administration (SBA) […]
Tax Implications to Consider When Buying or Selling Your Home
Buying or selling a home is a big decision to make for anyone. The process can be tedious and stressful, especially if you consider the legal and administrative matters that need to be handled. Taxes are perhaps one of the biggest headaches you will encounter along the way. The last thing you want is to […]
Hennepin County to Offer Additional Small Business Assistance This Month
Hennepin County cited today – more potential relief coming to some small business owners who apply for and qualify to receive special grant funds being released this month. The welcomed news may feel “too little – too late” for local business owners who were hit hard by the effects of COVID-19 this past year, but […]
Don’t Wait Until the End of the Year to Crunch Those Numbers
The end of the year is close. Do you have your books up to date so you’re ready for tax season? Don’t wait until the end of the year to do your tax planning and start crunching those numbers. Right NOW is the BEST time for tax planning and getting ready for the new year […]
