So, you want to start a business based in Minnesota. While there are a number of items that you need to consider including capital, facilities, equipment, marketing, etc., this article covers the steps to take to register your business with … Continued
The economic stimulus payments which were sent out this Spring are technically an advance payment toward a 2020 tax credit. What this means is that on your 2020 tax return, there will be a reconciliation of the amount that you … Continued
In 2020, the IRS will be looking more closely at S-Corporation’s owner compensation to determine whether the S-Corp owner is being paid a “reasonable” compensation. The IRS is looking not only whether the S-Corp is being paid reasonable compensation for … Continued