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News and Resources for Strong Leaders

Not-for-Profit, Real Estate and Business Topics

Person pulling out a binder of information.
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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Asian woman business owner holding open sign
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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Compass pointing to the words lease.
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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A Bitcoin covered in black crystals.
Tax Strategies
Cryptocurrency, Taxes, and You

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

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building under construction
Affordable Housing  ·  Real Estate
Low Income Housing Tax Credits (LIHTC) 101 – Applying for 4% credits

How do you receive an allocation of 4% LIHTC 4% Low Income Housing Tax Credits...

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Employee Benefits  ·  Tax Strategies
Self-Employed Retirement Plans: Which One is Right for Me?

Everyone knows we are supposed to save for retirement, but what is the most...

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A row of new construction houses.
Affordable Housing  ·  Real Estate  ·  Tax Strategies
Low Income Housing Tax Credits – Can Individual Taxpayers Claim Them?

Passive Activity Rule Limitations The Low-Income Housing Tax Credit is...

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tax documents
Affordable Housing  ·  Real Estate  ·  Tax Strategies
Historic Rehabilitation Tax Credits – Can Individual Taxpayers Claim Them?

Passive Activity Rule Limitations The Historic Rehabilitation Tax Credit (HTC)...

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Assurance
Why should you care about the new leasing standard?

Are your company’s financial statements prepared under generally accepted...

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