Insights & Resources
Resources & Tools
We’ve curated a library of links and videos to keep you fully informed on the latest, most relevant information.
Additional COVID-19 Relief Provided by the American Rescue Plan Act
The American Rescue Plan Act provides additional relief for those most affected by the COVID-19 pandemic. Our tax advisors lay out some of the key relief measures for individuals and businesses.
Tax Highlighter: Minnesota PPP Non-Conformity, Opportunity Zone Extensions and more
Our tax advisors are working hard to stay up-to-date on tax legislation and to help you understand how certain tax laws may impact your individual, business, estate, or gift taxes.
PPP and Employee Retention Credit: How to Effectively Utilize Both Federal Stimulus Programs for Your Organization
We co-hosted a webinar with Greater Mankato Growth about the Employee Retention Credit (ERC) and PPP loans and forgiveness. Watch the webinar recap and find additional resources here.
Tax Highlighter: Delayed Tax Filing Start Date, Employee Retention Credit Update and more
Our tax advisors are working hard to stay up-to-date on tax legislation and to help you understand how certain tax laws may impact your individual, business, estate, or gift taxes.
Tax Highlighter: Business and Individual Tax Updates
Our tax advisors are working hard to stay up-to-date on tax legislation and to help you understand how certain tax laws may impact your individual, business, estate, or gift taxes.
Key PPP Loan Issues Addressed by COVID-19 Relief Bill
Here’s what you need to know about the new COVID-19 relief bill which provides additional aid for small businesses – we’ve broken down some of the key issues as they relate to the deductibility of expenses and loan forgiveness.
Deductible Expenses & Forgiveness for PPP Loans
The latest guidance from the IRS states that expenses paid with funds received under the PPP loan program are not able to be deducted if you have received or expect full or partial PPP loan forgiveness. This places greater importance on proactive tax planning this year.
Important CARES Act Dates for Local Governments
We’re committed to ensuring our clients are informed on important legislation affecting their organization. With this in mind, we have gathered information regarding key CARES Act dates for local governments.
PPP Forgiveness Flowchart
Feeling unsure about when and how to apply for loan…
Coronavirus Relief Fund Updates for Local Governments
Over the past few weeks, the US Treasury Department and the Minnesota Management & Budget (MMB) have issued updated Coronavirus Relief Fund guidance. We’ve broken down some of the key items from this guidance that may be important for your organization.
Payroll Tax Deferral – Updates Based on Current Guidance
On August 28, 2020, the Department of Treasury and Internal Revenue Service issued much awaited guidance regarding the Presidential Executive Order, effective on September 1, 2020, allowing for the deferral of withholding and payment of the employee’s portion of the Social Security tax.
Updated Payroll Forms & Processes
In the workplace, the various stimulus packages, sick leave provisions, and other economic and governmental programs brought about by the pandemic have created a need for additional documentation and disclosures on certain payroll tax filings and forms. Learn about the resources you’ll need to ensure compliance and proper documentation based on IRS guidance.