With the new year officially here, it’s only a matter of time before we’re all in the midst of the tax time rush. Last-minute number crunching can be stressful, both for business owners and their tax professionals. We have some basic and simple ideas to help ensure…
Buying and selling makes the business world go ’round. This is true for products, services, and even real estate. But be aware that selling property for a significant financial gain often means you’re paying a substantial amount of taxes. Reinvesting those profits can…
The Employee Retirement Income Security Act (ERISA) oversees and manages benefit plans provided to employees by their employers. Since its inception, some guidelines have been amended, but the basic principles remain the same. At Barton, Walter & Krier, we wanted…
Running a business is more than a 9-to-5 job. And with day-to-day elements to juggle in the present, it can be difficult to think about the future. But preparing your business for the long term is something to consider right now. Keep reading to learn what you should…
Sure, you want your business to succeed. A big part of that outcome involves keeping your operation running each day. To do that, you want to have a cash flow blueprint for your business. Keep reading to learn why this is important and discover helpful hints to…
To help get a handle on inflation, the Federal Reserve System — also known as “the Fed” — recently announced it is adjusting interest rates. Those changes likely will affect anyone trying to borrow or save money. Keep reading to learn what to know with interest rates…
Many businesses took hits of all kinds during the COVID-19 pandemic. Under certain circumstances, businesses can benefit from keeping employees on their payroll when their bottom line might suggest otherwise. Keep reading to learn more about Employee Retention Credit…
The Minnesota Legislature recently passed a bill that offers extra pay to those whose work was essential during the COVID-19 emergency period. Who qualifies for this “hero pay”? Keep reading to get the details on Frontline Worker Pay and find out what to know about…
The narrow, early year window for filing taxes is likely when you rely most on your tax professional. But these numbers virtuosos keep busy with a host of duties after filing deadlines, too. Ever wonder what CPAs do in the tax off-season? Keep reading to find out how…
Each year the Internal Revenue Service puts together a list of scams to watch for when it comes to your hard-earned dollars. The annual IRS Dirty Dozen warns of tricks and schemes that occur throughout the year – and especially during tax-filing season. The federal…
