Olsen Thielen Advisor Blog
- July 10, 2024
The IRS is making significant strides in processing Employee Retention Credit claims. Gain a deeper understanding of these recent updates and their implications for your business.
Selling private company stock can be challenging for a non-controlling shareholder. This article explores the critical considerations, from understanding company restrictions to finding the right buyers and planning for taxes.
PODCAST: We are pleased to welcome Jilayne Leary, our Payroll and Employee Benefit Specialist, and Zach Deo, our Tax Director. Jilayne has been an integral part of Olsen Thielen for over 20 years, serving as a trusted expert in payroll tax and employee benefit regulations.
- July 2, 2024
The deadline for calendar-year nonprofits to file Form 990 with the IRS has come and gone. But it’s never too early to think about reporting responsibilities for the next deadline. Read more for more information activities to track.
- July 1, 2024
Financial planning for college expenses should be started as soon as possible. Also, you need to understand the effect of student aid and family contributions, explore college savings plans, and discover how to increase your child's chances of receiving merit-based scholarships.
- June 26, 2024
Discover how the Department of Labor's recent expansion of overtime rules could impact your business. This article discusses the key changes and implications of the new regulations.
- June 25, 2024
Preparing for post-TCJA corporate tax changes in 2026 and beyond should be explored now. This article clarifies the complex tax landscape and offers valuable foresight for businesses.
- June 24, 2024
Read more about the new Minnesota Retail Delivery Fee going into effect on July 1, 2024 to learn more about who it applies to, details of the fee, and exemptions.
- June 24, 2024
Understanding the Alternative Minimum Tax (AMT) can be complex, but it's essential for strategic tax planning. This article guides you through the process of calculating your AMT and offers useful strategies for minimizing its impact.
- June 6, 2024
The IRS recently released the 2025 Health Savings Account (HSA) amounts, which have been adjusted for inflation.
- June 4, 2024
Nonprofit audit findings usually contain recommendations that need to be taken seriously and acted on. Failing to take action could threaten your nonprofit's future.
- May 30, 2024
If you’re buying a business, the way the transaction is structured can lead to better or worse tax results, but you need to plan in advance of the acquisition.
- May 28, 2024
There are several financial and legal implications when adding a new partner to a partnership. Although the entry of a new partner may seem simple, you should plan properly to avoid tax problems.
- May 23, 2024
Most charitable volunteers don’t think about potential legal and tax liabilities resulting from their volunteer activities. As a nonprofit leader, it’s your responsibility to ensure they never have to worry about such risks.