BANKS ARE READY TO LEND
According to a recent article in Finance and Commerce, Minnesota banks are lending very competitively with quality commercial loans placed on the books barely above cost. Several banks with whom we...
View ArticleMINNESOTA OFFERS TAX INCENTIVE TO HIRE INTERNS
The State of Minnesota recently enacted the Greater Minnesota Internship Tax Credit Program, which provides a tax credit up to $2,000 to eligible employers. The credit is available for businesses...
View ArticleIT IS NOW EASIER TO CLAIM THE R&D CREDIT
The IRS recently published temporary regulations providing a great opportunity for taxpayers who want to claim the R&D credit, but have not done so in an open tax year. There are currently two...
View ArticleGOODWILL
Author: Nate Kohler During 2014, the Financial Accounting Standards Board (FASB) issued an update of the accounting treatment of Goodwill for private companies. After research and outreach with private...
View ArticleDEFERRED TAXES AND TAX DISTRIBUTIONS
Defer. Defer. Defer. That is usually the name of the game for income tax strategy. What does that mean for how we look at company balance sheets? The definition of “Deferred Tax Liability” is an...
View ArticleVariable Interest Entity
Author: Nate Kohler During 2014, the Financial Accounting Standards Board (FASB) issued an update for the accounting treatment of variable interest entities (VIE) as related to privately held...
View Article
