Articles by

Olsen Thielen

Tax Rules of Selling Business Property

There are complex tax implications that may apply when selling business property used in your trade or business. Rules apply to gains and losses and the amount of time you have had the business property.
More Info »

Manufacturing Start-Up Costs

Starting a manufacturing company isn’t cheap, and start-up costs can be substantial to acquire a facility, equipment and materials. Luckily, some start-up costs may be deductible for income tax purposes.
More Info »

New Olsen Thielen Principals Elected

Olsen Thielen has elected four new principals to our firm leadership including: Rob Mathewson, Tony Oman, Charlie Sparks, and Carrie Sundberg.
More Info »

Greg Nelson to Retire August 31, 2024

Tax Principal, Greg Nelson will be retiring from Olsen Thielen, effective August 31, 2024.
More Info »

Cash or Accrual Accounting?

Many businesses have a choice between using the cash or accrual method of accounting for tax purposes. You choice can affect the taxes you pay, so you need to carefully evaluate the differences.
More Info »

NFP Boards Should Evolve

Much like the nonprofits they support, NFP boards should evolve over time. Learn what nonprofit boards typically look like at different stages of an organization’s life.
More Info »

Corporate Estimated Tax

You want your business to pay the minimum estimated tax amount without triggering a penalty for underpayment. Keep in mind that the next payment deadline is September 16, 2024.
More Info »

Not-for-Profit Excess Benefit Transactions

Not only must your nonprofit avoid excess benefit transactions, but it also must prevent the appearance of private inurement to insiders. The repercussions can be serious.
More Info »

Investing in Automated Equipment

Whether you’re adding your first robot or your 100th to your production floor, proper planning is critical when investing in automated equipment. We can help determine the costs and whether the investment makes sense for your manufacturing company.
More Info »

2024 Q3 Tax Calendar

Summer is here and tax deadlines are probably the last thing on your mind. But there are some important 2024 Q3 tax payment filing deadlines that businesses and employers can’t afford to forget about.
More Info »

Your Next Form 990 Filing

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.
More Info »

Expanded Overtime Rules

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.
More Info »

2025 Amounts for Health Savings Accounts

The IRS recently released the 2025 Health Savings Account (HSA) amounts, which have been adjusted for inflation.
More Info »

Nonprofit Audit Findings

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.
More Info »

Buying a Business – Plan Ahead

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.
More Info »
We Value Your Privacy

This site may use cookies to store information on your computer. Some are essential to make our site work and others to improve the user experience. By using this site, you consent to the placement of these cookies and accept our privacy policy.