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News and Resources for Strong Leaders

Not-for-Profit, Real Estate and Business Topics

Woman looking frustrated at computer
Tax Strategies
3 Tips to Speed Processing and Avoid Hassles This Tax Season

The IRS began accepting 2021 individual tax returns on January 24, 2022. Here...

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Not-for-profit
Does your nonprofit have a conditional contribution?

Nonprofits do some awesome things in our communities: they serve people in...

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Two Caucasian people shaking hands over a desk.
Accounting  ·  Tax Strategies
How to Increase Net Profits with Installment Sale Rules

The sale of an asset, especially a large asset such as real estate, can trigger...

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Tax Legislation
Saving For College? Here Are Two Credits That Can Help

The American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit...

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Career  ·  Young Professionals
Studying for your CPA Exams While Working Fulltime in Public Accounting

So you just graduated with a degree in accounting and you are thinking to...

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Firm News  ·  Mahoney Times
Mahoney Times: Mahoney Passes 2021 Peer Review

By Roz Allyson, CPA, Managing Partner Peer reviews are required of all public...

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Affordable Housing  ·  Real Estate  ·  Tax Strategies
IRS Extends COVID Relief Again For LIHTC Deadlines

In response to the continuing presence of the COVID-19 pandemic, the IRS has...

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Tax Strategies
Minnesota Pass-Through Entity Tax

Payroll tax, federal income tax, state income tax, property tax, sales tax, gas...

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Assurance
Lease Reporting: Applying ASC 842 to Lease Liability Calculations

In my last post, I listed items required to calculate right-of-use assets and...

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Assurance
Leasing Standards Under ASC 842: An Overview of Changes

As discussed in an earlier post, private companies who prepare financial...

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Historic Theatre
Affordable Housing  ·  Real Estate
MN Historic Tax Credit – Sunset Shortens Completion Time Available

History The Minnesota Historic Structure Rehabilitation Tax Credit (MN HTC) was...

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Tax Strategies
Cryptocurrency, Taxes, and You

Cryptocurrency has made a lot of headlines since its inception in 2009 and,...

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