Videos and Articles

The Positive Impact of Rehiring IRS Workers on Taxpayers

The Positive Impact of Rehiring IRS Workers on Taxpayers

The IRS is reinstating approximately 7,000 probationary employees, previously laid off, to return to work by April 14th. What does this mean for taxpayers?
What you need to know before applying for an SBA loan

What you need to know before applying for an SBA loan

Thinking about applying for an SBA loan to start or buy a business? Understanding your options—and what lenders really look for—can make or break your application. This guide walks you through the most common SBA loan types, eligibility rules, and key documentation to help you prepare with confidence.
Tax obligations for household employees

Tax obligations for household employees

Hiring household help, such as nannies or housekeepers, brings convenience but also labels you as an employer with specific tax duties. This guide will walk you through your responsibilities, from classifying workers correctly to navigating Social Security and unemployment taxes, ensuring a compliant and rewarding experience for both you and your employees.
Interim Final Rule on BOI Reporting

Interim Final Rule on BOI Reporting

The interim final rule from FinCEN, released March 21, 2025, removes the obligation for U.S. companies and individuals to report Beneficial Ownership Information (BOI), now making this a requirement only for foreign entities.
Revolutionizing Accounting: The Rising Influence of AI and Automation for Schlenner Wenner & Co.

Revolutionizing Accounting: The Rising Influence of AI and Automation for Schlenner Wenner & Co.

Schlenner Wenner & Co. harnesses AI technology to enhance efficiency in tax preparation and auditing processes allowing more time for client consulting and advising.
Tax and Financial Planning through Marriage or Divorce

Tax and Financial Planning through Marriage or Divorce

Marriage status impacts tax filing and financial planning significantly, necessitating the guidance of an experienced accountant for effective management.
IRS blocks DOGE’s request to access taxpayers personal data

IRS blocks DOGE’s request to access taxpayers personal data

The Department of Government Efficiency's (DOGE) request for access to sensitive IRS taxpayer data raises serious privacy concerns.
Check your Refund Status online

Check your Refund Status online

With potential delays in tax refunds this year, there's an emphasize on checking your refund status online.
Potential Impact of IRS Layoffs on Taxpayers

Potential Impact of IRS Layoffs on Taxpayers

As the 2025 tax season unfolds, the IRS, dealing with mass layoffs and a hiring freeze, expects some delays in refunds. Despite a reduced workforce, refunds are still being issued, although the process may be slower, particularly for those not utilizing direct deposit.
Treasury Suspends Corporate Transparency Act (CTA) Reporting for U.S. Companies

Treasury Suspends Corporate Transparency Act (CTA) Reporting for U.S. Companies

The Treasury Department has suspended the CTA filing requirement for U.S. businesses, signaling a major shift in compliance obligations. While the rule may still face legal challenges, domestic companies are no longer required to report beneficial ownership information—at least for now.
Minnesota CPAs gather at the Capitol

Minnesota CPAs gather at the Capitol

Partner Jon Archer recently attended the Annual CPA Day at the Capitol in St Paul to discuss how legislation may affect central Minnesotans.
Utilizing Free Options for Filing Your Taxes

Utilizing Free Options for Filing Your Taxes

Options are available offering free tax filing services and allowing you to save money while fulfilling your financial responsibilities accurately and on time.
Recent New and Updated Local Sales and Use Tax in Minnesota

Recent New and Updated Local Sales and Use Tax in Minnesota

Get up-to-date information on the recent changes/updates to MN Sales and Use Tax
No results found.