As compliance regulations rapidly evolve, your organization could be at risk. Our compliance risk management consultation can help you identify gaps in your compliance framework, prepare for future regulatory changes, and build a sustainable strategy, allowing you to operate your business more efficiently.

The IRS is celebrating the 50th anniversary of the Earned Income Tax Credit (EITC) by launching an awareness campaign. The EITC has provided significant financial aid to low-to-moderate income working Americans since 1975.

The IRS updated FAQs on Energy Efficient Home Improvement Credit and Residential Clean Energy Property Credit, superseding previous versions.

Proposed Trump tariffs may raise consumer prices, affecting Minnesota's economy, businesses and households, particularly those reliant on imports from Canada, Mexico, and China.

2024 tax returns can be submitted starting today.

Schlenner Wenner & Co. is committed to giving back to our local communities. Our firm recently donated $50,000 to the Greater St Cloud Public Safety Foundation (GSCPSF) and is proud to be a part of their continued progress and expansions of their Community OutPosts.

When policies change and priorities shift, nonprofits need to stay flexible and focused. This guide highlights practical strategies, from diversifying funding streams to sharpening compliance efforts, all aimed at strengthening your organization’s resilience. With the right preparation and professional financial guidance, you can maintain your mission’s momentum, no matter what the future brings.

Stay updated with our comprehensive review of the 2025 federal payroll tax changes.

Minnesota residents affected by severe storms and flooding in June of 2024 are reminded of upcoming deadline.

The Financial Crimes Enforcement Network (FinCEN) has issued an alert about fraudulent schemes exploiting the organization's name, insignia, and authority for financial gain.

With the 2024 tax season upon us, it's crucial to prepare ahead with accurate financial records, understand tax law changes, and maximize deductions and credits. Consult a tax professional for best results: ensure compliance, save time and start planning for 2025.

Employee Stock Ownership Plans (ESOPs) offer potential benefits including tax advantages and increased workforce engagement. However, they also present certain challenges like setup complexity and regulatory requirements. It's crucial to evaluate if an ESOP fits your business's structure, goals, and financial health.

Find out how to stay financially prepared for any situation with six essential steps, from building an emergency fund to estate, tax, and investment planning.

Confused about who needs a 1099 and which form applies? You’re not alone. This quick guide cuts through the chaos so you can handle your 1099s with confidence.

The reinstated injunction on the Corporate Transparency Act (CTA) halts enforcement, but uncertainty remains. Learn what beneficial ownership information (BOI) your business needs to gather and why staying connected with your CPA is essential to navigating this shifting legal landscape.