The end of tax season might feel like a distant memory, a complex puzzle finally solved. But staying proactive now can help avoid headaches when the tax cycle rolls around again. Both individuals...

Time to breathe easy. Tax season is over, and the sigh of relief is palpable. Yet, amidst the relief, there's a lingering concern about the rare but possible audit call. Though audits might seem...

Tax season often brings with it the anticipation of receiving a tax refund. Whether you plan to boost your savings or cover upcoming expenses, understanding the refund process can be crucial in...

Why the Mileage Rate Increase MattersThe Internal Revenue Service (IRS) has announced an increase in the standard mileage rate for business use from $0.67 to $0.70 per mile for 2025. This hike of...

Small to medium-sized business owners often find themselves juggling multiple operational tasks, from customer relations to product development. Among these, payroll and bookkeeping stand out as...

Many business owners find themselves juggling multiple tasks at the end of the year as they try to close out their financials. Asking the right end-of-year (EOY) questions can reduce stress, help...

Minnesota's Paid Family and Medical Leave (PFML) program is a crucial resource for employees needing time off for personal or family medical reasons. As an employer, it's important to understand...

The FinCEN Identifier is a new regulatory requirement in the financial world, much like a "name tag" for businesses. Staying compliant with regulatory requirements is crucial for businesses to...