- July 24, 2025
Lisa Dunnigan, Principal and Chief Information Officer, will be retiring effective August 31, 2025.
Olsen Thielen Advisor Blog
The One Big Beautiful Bill Act overhauls the tax code, locking in many 2017 cuts and unveiling new relief for workers, families, and businesses. Read our article for an overview of new rules created by the Act, in addition to extensions or enhancements of existing provisions.
- July 24, 2025
The One, Big, Beautiful Bill Act (OBBBA) includes a number of favorable changes that will affect small business taxpayers, and some unfavorable changes too. Find out which OBBBA tax provisions apply to your business.
- July 24, 2025
The Minnesota Pollution Control Agency (MPCA) offers zero-interest direct loans to small businesses who are considering an equipment upgrade, site cleanup, or other environmentally beneficial project.
Wisconsin Senate Bill 45 was signed into law as Wisconsin Act 15 earlier this month and includes a new state law regarding property taxation of telecom towers. The new law affects telecommunications/broadband operators in Wisconsin.
- July 21, 2025
If you’re claiming deductions for business meals or vehicle expenses, there are strict substantiation rules that must be followed to protect your business expense deductions.
- July 17, 2025
Before you open for business, learn how startup costs are handled on a federal tax return.
- July 15, 2025
Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation is unreasonably high or low, it may disallow certain deductions or reclassify payments, potentially leading to penalties, back taxes and interest.
Homeowners and renters in Minnesota may qualify for a valuable tax refund - either the Minnesota Property Tax Refund or Renter's Rebate. Read more to find out if you qualify for either of these programs
Vendor fraud can be a significant risk in the manufacturing sector, where companies rely on third-party suppliers for raw materials, components and services. Deceptive practices can erode your manufacturing company’s profitability, compromise product quality and damage relationships with legitimate suppliers.
Two proven tools can help your manufacturing company better navigate today’s uncertainties. First, rolling forecasts facilitate greater ongoing control over finances than a traditional, static budget. Second, financial modeling can provide valuable guidance amid evolving circumstances by testing how various assumptions are likely to unfold.
As advanced manufacturing processes increasingly rely on technology, the demand for highly skilled workers continues to grow. To stand out to these candidates, your manufacturing company must build a compelling employer brand that highlights career growth opportunities, investment in technology and a commitment to employee well-being.
Market volatility and swings can be unsettling, but they don’t have to weaken your retirement plan. Learn how a strategic blend of short-, mid-, and long-term investments, plus flexible withdrawal methods, can build financial resilience.
- June 3, 2025
Misclassifying employees as independent contractors can result in expensive consequences if the IRS reclassifies them. But determining if a worker is a contractor or an employee can be complex.
- June 2, 2025
If you or your employees are heading out of town on a business trip this summer, it’s important to understand the travel deduction tax rules. To qualify, the trip must be necessary for business purposes and require an overnight stay within the U.S.