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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
Proposed Regulations on New Automatic Enrollment Requirement for 401(k) and 403(b) Plans

Proposed Regulations on New Automatic Enrollment Requirement for 401(k) and 403(b) Plans

Automatic enrollment requirements for newly-established 401(k) and 403(b) plans?
Partnerships:   2024 tax compliance and strategies

Partnerships: 2024 tax compliance and strategies

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 50 Years of the Earned Income Tax Credit

The IRS is Celebrating 50 Years of the Earned Income Tax Credit

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.
IRS Residential Home Credits- What You Need to Know

IRS Residential Home Credits- What You Need to Know

The IRS updated FAQs on Energy Efficient Home Improvement Credit and Residential Clean Energy Property Credit, superseding previous versions.
Minnesota Prepares for Trump’s Proposed Tariffs

Minnesota Prepares for Trump’s Proposed Tariffs

Proposed Trump tariffs may raise consumer prices, affecting Minnesota's economy, businesses and households, particularly those reliant on imports from Canada, Mexico, and China.
Schlenner Wenner & Co. is committed to giving back to our local communities. 

Schlenner Wenner & Co. is committed to giving back to our local communities. 

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.
A Nonprofit’s Guide to Weathering Policy Changes

A Nonprofit’s Guide to Weathering Policy Changes

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.
IRS Issues Reminder:  Minnesota disaster-area taxpayers with extensions have upcoming deadline in 2025

IRS Issues Reminder: Minnesota disaster-area taxpayers with extensions have upcoming deadline in 2025

Minnesota residents affected by severe storms and flooding in June of 2024 are reminded of upcoming deadline.
FinCEN Issues Warning Against Fraud Schemes Exploiting Its Name and Authority for Financial Gain

FinCEN Issues Warning Against Fraud Schemes Exploiting Its Name and Authority for Financial Gain

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