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Abdo, Eick & Meyers Names Victoria Holthaus Partner

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In her new role, Vicki will focus on helping local governments and nonprofit agencies overcome accounting and financial challenges. She has a proven track record of empowering clients to strategically plan for capital improvements, develop long-range financial plans, and improve internal processes.

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How to Prevent ‘Brain Drain’ When Key Employees Leave

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The increased mobility of today’s workforce means employees aren’t staying in one job for as long as they did 20 years ago. The impending mass exodus and ever-changing tide of resources present a serious predicament: Organizations must be able to preserve precious institutional knowledge throughout these shifts.

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UPDATE: New Form W4 Effective for 2020

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The finalized 2020 Form W-4 was released on December 4, 2019. Due to the federal tax law changes that took place in 2018, the 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions.

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Professional Service Providers: Review Your State and Local Tax Obligations ASAP

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If you’re a professional service provider with out-of-state clients, it’s important to know where you stand with state and local tax (SALT) obligations. That’s because the rules have changed, thanks in large part to the U.S. Supreme Court’s 2018 ruling in South Dakota v. Wayfair, Inc.

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Remembering Joe Abdo

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It is with great sorrow that we announce the passing of our founder, Joseph Abdo.  Mr. Abdo established Abdo, Eick & Meyers, LLP in 1963 and believed in hard work, putting the clients first, and giving back to his community—the same values our firm stands by today.

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4 Items Nonprofits Should Keep in Mind When Considering a Joint Venture

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Joint ventures between Section 501(c)(3) organizations and businesses are becoming increasingly common. Such arrangements can also provide a nonprofit with access to capital and outside expertise while helping to further its mission.

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How Automation Benefits Your Organization’s Full-Time Employees

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Automation tends to involve software, but it’s never about reducing an organization’s head count. Instead, it’s about eliminating redundancies, paper, and inaccuracies while empowering employees to focus on meaningful work.

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Does your Business Need to Worry About the ‘Parking Lot Tax’?

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The Tax Cuts and Jobs Act of 2017 (TCJA) has been lauded for reducing the U.S. corporate income tax rate from 35 percent to 21 percent. But the new tax law also takes away a long-enjoyed deduction: employee parking costs. Now, all employers—regardless of industry or entity type—may lose business tax deductions on parking provided to employees.

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Minimum Wage Rate Adjusted for Inflation as of January 1st, 2020

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Minnesota’s minimum-wage rates will be adjusted for inflation beginning Jan. 1, 2020, to $10 an hour for large employers and $8.15 an hour for other state minimum wages.

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Abdo, Eick & Meyers, LLP Announces Promotion of Several Employees

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Abdo, Eick & Meyers continues its dedication to provide our clients with exceptional customer service and our commitment to the growth and development of our team. We are pleased to announce these recent executive-level promotions.

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