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Recent News

7 Steps for Launching Your Lean Routine in 2019

The “newness” that comes with this time of year can be exhilarating. You've survived the holiday stress, reflected on the past year, and started planning for the year ahead. Perhaps you've asked yourself: What will be different for our organization in 2019?

Nonprofits: Leverage a Qualified Opportunity Zone Fund to Further Your Mission

When the Tax Cuts and Jobs Act (TCJA) was signed into law, it created an opportunity for individuals and businesses to defer tax on capital gains through the use of Qualified Opportunity Zone Funds (QOZFs).

Does the Affordable Care Act's Employer Mandate Apply to Your Business?

The employer provisions of the Affordable Care Act (ACA), also known as "Obamacare," have now been in effect for more than five years. Although the law is decidedly old news, it's worth a mention as we begin 2019.

Preparing W-2s? Don't Forget Fringe Benefits

As the weather takes on a wintry feel here in Minnesota, we're forced to accept what we've been denying for weeks: the end of the year is near. For business owners, this means it's time to think about several tax-related to-dos, including W-2s.

Contributing to a Section 529 Plan? Don't Miss These Tax Savings

If you're saving for a child's or grandchild's college education, a Section 529 college savings plan offers a welcome break: investment income on these state-sponsored accounts is exempt from both federal and state taxes—if it is used for qualifying higher education expenses, of course. Thanks to a Minnesota law that went into effect on Jan. 1, 2017, contributing to a 529 plan has become more advantageous than ever before.