White Paper
- June 8, 2022
Nonprofit board designated assets refer to funds that haven’t been restricted by donors but are subject to self-imposed limits on their use. They’re typically intended to ensure that funding is available when needed.
- June 7, 2022
The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review the rules for computing corporate federal estimated tax payments. You want your business to pay the minimum estimated tax payment without triggering the penalty for underpayment of estimated tax.
- June 7, 2022
Partnership taxation can be puzzling. You may be taxed on more partnership income than was distributed to you in a given year. Why does this happen? It’s due to the way partnerships, and partners are taxed.
- April 21, 2022
Adding a new partner in a partnership has several financial and legal implications that need to be addressed.
- April 11, 2022
Should you switch from a C-Corporation to S-Corporation? If you are thinking about switching entity types, there are a number of important issues you need to look at before finalizing your decision of which is best in your particular circumstances.
- March 31, 2022
Olsen Thielen has been named a "Regional Leader" on Accounting Today's list of "Top Firms in the Midwest" for 2022. OT ranks as one of the top-performing CPA firms with under 100 employees as well.
- March 30, 2022
An updated buy-sell agreement is a critical tool for owners of closely held manufacturing companies. It ensures an orderly ownership and management transition when an owner dies, becomes disabled, or otherwise leaves the company.
- March 28, 2022
VIDEO: If your business doesn’t already have a retirement plan, now might be a good time to explore the benefits of a tax-favored retirement plan. Current retirement plan rules allow for significant tax-deductible contributions.
- January 25, 2022
If you have started or are contemplating starting a new business, as a new business owner you need to be aware of the implications that affect entrepreneurs and taxes.
- March 9, 2021
Nearly 100 years ago, Olsen Thielen was founded on the belief that personal attention, trust, and quality service were the key elements to helping our clients succeed, and that commitment remains. commitment to their clients and their community.
- December 14, 2020
After a long and remarkable career, Linda Nelson has decided that effective December 31, 2020, she will be retiring from Olsen Thielen. We want to thank Linda for her knowledge, dedication, and everything she did for clients and colleagues.
- April 11, 2019
With great sadness we announce the passing of a Robert J. Olsen on March 13th. Bob was a terrific business leader, mentor, husband, and father. Bob and Reynold Thielen took the reins of the firm in 1957 and led it through a period of tremendous growth.