Blog
Worker Classification Steps for Minnesota Businesses in 2022
And the books turn over.As we step over the threshold into 2022, we're all staring at much lower numbers in our P/L's. It's a new slate, and the possibilities are endless.What will you do in 2022? That's the question of the hour ... and it has much less to do with...
4 Year End Tax Strategies for Minnesota Businesses
Before I dive into some year end tax strategies Minnesotabusiness owners can and should be making, I want to address some rumors and misinformation about the SALT workarounds that are available to some of our clients (though not all).Essentially, 22 states (as of this...
Ron Aho’s “Help Us to Remember” Holiday Prayer
It's Monday the 20th, as I put this together, and many of our Minnesota clients and friends are gearing up for a very different kind of holiday week.I'm very aware that while the holidays are a time of joy for many, they are just as often a time of pain for a...
How Your Minnesota Business Can Fight Inflation
Whether you like it or not, you’ve most likely found yourself in a fight against inflation. Somebody hikes prices on your supplier and suddenly your supplier has no choice but to increase the price on you. Then you have no choice but to raise the price on your...
Year-End Business Tax Strategy for Minnesota SMB Owners
There are many of our clients for whom this time of year is like their version of the Super Bowl. Some Minnesota businesses are earning 30-50% (or more) of their yearly revenue in this one month.Others ... well, this is a normal month -- except of course for all of...
The Infrastructure Act and Your Minnesota Business
Blink, and we're already into December.Which also means… 2022 is right around the corner.Are you ready?The reason I put this so starkly is that you and I have less than 30 days left to make a tangible difference on your taxes (business or personal).For your business...
Ron Aho’s Thoughts on Being Thankful in Difficulty
“It was the best of times. It was the worst of times.” I think we can agree that Charles Dickens’s famous lines ring true when looking back at 2020 and 2021 (though “best” might seem like a stretch).With employees shifting their worlds to make room for new priorities,...
Minnesota Business Owners: Beware the Sales Tax Nexus
If your Minnesota business sells a lot online, then we’re coming into the most wonderful time of the year.And this year, your customers will probably shop your website (and elsewhere online) EARLY in order to bypass all those supply-chain snafus. Cha-ching for...
Business Advisors Inc.’s Rundown of the 5 Basic Business Entity Types
The shape of your business affects your future and when I'm talking about the "shape," I of course am referring to your Minnesota business entity type.Did you know that you CAN change that after the fact? Depending on which entity you are switching to, the process can...
How Minnesota Businesses Can Build a Quality Prospect List
How’s your client/customer list faring these days?If you’re like every other business around you, you’ve got some churn happening. People move, change jobs, experience a shift in financial circumstances … the list goes on. Even in predictable economic times (remember...
Employee Retention Strategies for Proactive Minnesota Bosses
Your employees are happy, right? They’re never going to leave you ... right?They’re not looking for another Minnesota job ... uh ... right?You know what the answers are: Maybe, wrong, and I sure hope not.Sooner or later, the advantage will swing back to you, the boss...
How Minnesota Businesses Can Raise Prices Without Losing Customers
Are you watching your COGS these days?(I, ahem, hope you know what those letters stand for, because if not ... well, then we should DEFINITELY talk. 763-493-3940 )Has it gone up?You're probably not alone given what kind of signals the economy is sending these days.In...
