Tax Strategies

Payroll tax, federal income tax, state income tax, property tax, sales tax, gas tax…. you get the idea; we pay a lot of taxes. So why all the excitement surrounding Minnesota’s new pass-through entity (PTE) tax? In short, the PTE […]

Cryptocurrency has made a lot of headlines since its inception in 2009 and, regardless of your opinion of it, there’s no denying its recent surge in popularity. According to a Gemini crypto report issued in April 2021, approximately 21.2 million […]

It’s been a while since your 2020 tax return has been finalized and filed, and 2021 is quickly moving along!  Here are ten steps to take now – before year end–to save time with this year’s business tax return preparation […]

If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study. It might allow you to accelerate depreciation deductions on certain items, thereby reducing […]

With the housing market getting more difficult by the minute, alternative forms of housing ownership are growing in popularity—including cooperative housing arrangements. In a housing cooperative, the complex is jointly owned by its residents, who buy a “share” of the […]

With a whirlwind of new tax legislation in the past few years, it is hard to keep up with the most current tax-savings strategies. A good tax-saving strategy, that just recently became more appealing due to new legislation, is to […]