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With over 90 staff, Olsen Thielen provides more than just accounting and tax services. In addition to audit, accounting and tax services, we offer a number of non-traditional CPA services such as personal and business consulting, telecom and energy consulting, retirement plan consulting and creation, employee benefits consulting, business and personal valuations, advisory services, HR consulting, and more. We specialize in the cooperative, utility, health care, manufacturing, not-for-profit, ERISA, and real estate markets.

Rather than simply responding to your inquiries, we believe our job is to anticipate your needs and provide solutions.  Applying our talents and experience to your unique business situation creates a timely, cost effective solution to your financial and management issues.

Company News
September, 2010 - Linda M. Nelson Elected Olsen Thielen Principal We are pleased to announce that Linda M. Nelson, CPA, has been elected Principal of the firm.
June, 2010 - Angel Tax Credit MN has adopted an "Angel Tax Credit" to stimulate equity investment in early-stage companies. Click for a summary of the new law.
June, 2010 - Do you need an ERISA Audit? Tia Elliott, CPA, has an article in the second quarter, 2010 issue of "Employee Benefits Planner" magazine. Read her article for more information on whether or not you need an ERISA audit.
Industry News
April, 2010 - HIRE Act Form W-11 Issued The IRS has issued Form W-11, Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit.
January, 2010 - Passive Activity Loss (PAL) groupings/regroupings must be reported to IRS Passive Activity Loss (PAL) groupings/regroupings must be reported to IRS effective for tax years beginning on or after Jan. 25, 2010.
December, 2009 - The New Up: Get Ready for the Next Market Shift Olsen Thielen Principal, Tom Pesch published an article in the Minnesota Dental Association newsletter, Northwest Dentistry, with ideas on how dental practices can prepare for future market changes.

Olsen Thielen Adviser newsletter - easy-to-read electronic version.   

Filing Schedule K-1?  Electronic instructions are available under the Tools and Publications tab.

2009-2010 Tax Planning Guide

In a year of generally bad economic news, the good news is that smart tax planning can help you mitigate losses and keep more of your hard-earned income.  But to save the most, you'll need to start planning before year end--or sooner.   This tax planning guide highlights recent law changes, and provides an overview of tax breaks and planning strategies for individuals, families and business owners.  You'll find helpful information about ways to save on investments and business income, as well as tax-smart ideas for funding education, saving for retirement and transferring wealth to your heirs.  Read more  

Olsen Thielen & Co., Ltd. publishes a bi-monthly newsletter, the Olsen Thielen Adviser, which is designed to present information on business and tax matters in general terms for its clients. The Olsen Thielen Adviser is written by the staff of Olsen Thielen & Co., Ltd.