Insights & Resources
Connect with illuminating knowledge
Our expertise comes from years of experience, as well as being tapped in on the latest developments. Our priority is to ensure this knowledge enriches our clients in every way.
Insights
Written by Abdo experts to address specific concerns, developments and opportunities. See more
Don’t let these 5 things stop your nonprofit organization from growing
Growing your nonprofit organization requires more than a well-crafted strategy. You also need efficient administrative processes. Discover five tips for enhancing your organization’s processes.
What your organization should know about GASB 96
If your organization is like most, it maintains several—if not dozens—of software subscriptions. Now, thanks to GASB Statement No. 96, your organization will need to account for and disclose these subscriptions.
Pocket a tax break for making energy-efficient home improvements
Have you heard there’s an enhanced tax credit for making energy-efficient home improvements, beginning this year? Check out these rules.
Resources & Tools
We’ve consolidated links to go-to sources of truth, as well as helpful instructional videos. See more
Minnesota Earned Sick and Safe Leave Act (ESSL) Takes Effect January 1, 2024
The Minnesota Earned Sick and Safe Leave Act (ESSL) will go into effect on January 1, 2024 and effects every employer in the state, regardless of the number of employees they have.
Is QuickBooks right for your nonprofit?
Nonprofits aren’t designed to generate a profit, but they still need to monitor their financial health. Learn how QuickBooks can help you track your progress toward achieving financial targets this year and for years to come.
New Minnesota Law Bans Non-Compete Agreements
On May 16, 2023, the Minnesota legislature passed a law banning non-compete agreements. Learn about the basics and a watch a recording of our webinar.
Tax Highlighter Blog
As leading tax experts, the team at Abdo wants to ensure you stay up to date on ever-changing tax laws, regulations, and news. Check back daily for our Tax Highlighter blog posts. See more
Minnesota House submits proposal for tax increases
With the current legislative session ending in May, the Minnesota House released a tax proposal that includes the creation of two tax increases that would impact high-income residents and corporations.
NFTs may be treated as collectibles for tax purposes
Do you own nonfungible tokens (NFTs)? If so, you need to know that the IRS intends to treat certain NFTs as collectibles for tax purposes.
2023 Foreign housing cost exclusions released
The IRS has issued the 2023 foreign housing cost exclusions, allowing citizens living abroad to elect to exclude the foreign earned income and housing cost amount from gross income (with limitations).
Events & Webinars
Our passion for empowering clients includes sharing knowledge through in-person and online events. See more
Harness the Transformative Powers of AI
Thursday, October 12, 2023 | 12:00 – 1:00 PM CT
Artificial intelligence (AI) and machine learning are transforming businesses in this modern landscape. Join us to get firsthand insight on what every financial professional needs to know.
2023 Minnesota Employment Legislation Updates
for Public Sector Employers
Tuesday, September 12, 2023 | 9:00am – 11:30am
Our team broke down the 2023 legislation passed in Minnesota and how this impacts public sector employers across the state.
Minnesota to Implement Paid Family and Medical Leave Act in 2026
The Minnesota Family Medical Leave Act will provide paid time off for employees who need to take leave for certain reasons, such as bonding with a new child, caring for a sick family member, or their own serious health condition.
Newsletter
Insights, delivered
Be the first to know about our latest articles, podcast episodes and more.
Resources
Covid-19 Resources
The unforeseen effects of the pandemic have impacted how every organization operates. We’ve gathered recommended resources for keeping up with the ever-evolving situation.