Articles by

Olsen Thielen

Should You Consider a Trust?

November 5, 2015

A trust can help you pass wealth efficiently and privately to your heirs. Perhaps the most powerful way to use a trust is to ensure that your heirs have timely access to your assets. When you transfer your assets to your beneficiaries through a Will, your estate is settled through

The Top 10 Things Every CEO Needs to Do

October 5, 2015

There are ten fundamental information security practices that should be followed in every organization: Think Right, Get Help, Get Involved, Lead, Plan, Set Goals, Measure, Seek, Encourage and Prepare. Some of these things you can delegate to others, and some of these thing you can’t. As CEO you need to

Tips for Writing a Company Security Policy

October 5, 2015

Every day there are tens of thousands of new threats created, and most of them will be delivered to your employees in the form of an innocent looking email, a shared file, or an infected website. A simple click of their mouse will invite it in to your network. So

Prepare Your Business For Sale

August 17, 2015

As economic conditions have improved and the number of baby-boomers ready for retirement has grown, we have seen a dramatic increase in the sale of private companies here in Minnesota and in the United States.

Tax Scams Do Not End With the Tax Season

June 20, 2015

Once the tax filing season is over doesn't mean that tax scams have ended. Taxpayers face the threat of tax scams at any time because it is highly profitable for fraudsters year round. IRS phone scams, in particular, can be carried out any time of the year.

Why is IRS Form 990 so Important?

February 9, 2015

Form 990 is the annual information return filed by tax-exempt organizations with the Internal Revenue Service, and provides a wealth of information to the IRS and to readers of the return. Form 990 is a public document, meaning anyone can ask to see your association’s 990, and you are required

Identity Theft Epidemic

February 4, 2015

According to Steve Lapppenbusch, Ph.D., of LexisNexis Risk Solutions: "An identity is stolen every three seconds--adding up to about 27,000 per day."

Simplifying Saving for Retirement

January 19, 2015

Have you ever wanted to start saving for retirement or increase your savings rate, yet you hesitated due to all the complexity of investment alternatives? Start saving now so you will improve your future retirement outlook.

Olsen Thielen Forensics Support Services

October 29, 2014

Our forensic support services can help implement strategies to identify fraud and reduce the risk of loss. If fraud is already present, we can investigate and calculate losses.

Olsen Thielen Valuation Services

October 29, 2014

Our business valuation experts help business owners and their advisors determine and understand the value of their business.

Electing a Young Board Member

October 9, 2014

Before you elect any board member the first step is to figure out which type of person you would like to choose. You want to consider their experience, qualifications, skills and commitment, but what about age?

Thomas W. Campbell Elected Principal

September 8, 2014

We are pleased to announce that Thomas W. Campbell, MBA, has been elected as a Principal of the firm, effective September 1, 2014.

Business Valuation Uses

April 4, 2013

Business valuations are critical for businesses of any size--and not just when a business is being bought or sold. This article details some common uses of valuations include.

Scott R. Hoyles, CPA, MBT and Daniel C. Owens, CPA Elected Principals

September 20, 2012

We are pleased to announce that Scott Hoyles and Daniel Owens have been elected to Principal. Both work out of the St. Paul office—Hoyles in the Tax Department and Owens in the Audit & Accounting Department.

Patrick Powers Elected President of Olsen Thielen

September 5, 2012

We are pleased to announce that Patrick D. Powers, CPA, has been elected President of Olsen Thielen & Co., Ltd., effective September 1, 2012.