Articles by

Olsen Thielen

Self-Employment Taxes for Partnerships and Gig Workers

May 1, 2024

Explore the impact of a recent legal shift that broadens the scope of self-employment taxes, including limited partners and gig workers. Learn how everyday activities could land you in the self-employment tax bracket and how to avoid potential penalties.

8 Security Measures To Protect Your WordPress Website

April 18, 2024

VIDEO: Thousands of WordPress websites are hacked daily, causing significant disruptions and data leaks. Learn about nine essential security measures you should prioritize to protect your WordPress website from cyber threats.

Misrepresentation of Wellness and Nutrition Expenses

April 11, 2024

The IRS has issued a warning against companies misrepresenting personal wellness and nutrition expenses as medical expenses. Understand the potential tax implications and how to use your health spending accounts responsibly.

Proactive Tax Strategies for High-Earning Taxpayers

April 3, 2024

VIDEO: The IRS has issued clear warnings about its increased scrutiny of high-net-worth individuals, especially those using risky tactics to reduce tax obligations. This video provides strategies for optimizing your financial situation while staying within the bounds of the law.

Mitigating the Risk of Deepfake Fraud

March 22, 2024

VIDEO: With the rise of AI, deepfake fraud is on the rise, resulting in significant financial losses for companies. Explore the need for increased employee education and enhanced security measures. Reach out to us to learn how to protect your organization against these sophisticated cybercrimes.

Maximize Your Health Savings With an HSA

February 26, 2024

VIDEO: Maximize your HSA (health savings account) benefits and avoid unnecessary taxes and penalties. Discover the eligibility criteria, benefits, and how to effectively manage your HSA.

Understanding the Backdoor Roth IRA

January 22, 2024

VIDEO: Are you a high-income earner seeking ways to optimize your retirement savings? Get a full grasp of how the Backdoor Roth IRA can be an effective tool for you.

IRS Opens ERC Voluntary Disclosure Program

January 17, 2024

VIDEO: If you're a business owner who mistakenly claimed the Employee Retention Credit, find out how the new IRS Voluntary Disclosure Program can help you rectify the situation. Discover the eligibility criteria, benefits, and application process in our informative video.

Two Estate Planning Strategies to Help Protect Wealth

November 7, 2023

VIDEO: A goal of estate planning is to maximize the wealth that is passed on to one's heirs. In this video, we'll discuss how a Spousal Lifetime Access Trust and an Irrevocable Life Insurance Trust may help you minimize estate taxes and protect wealth.

The Key Functions of Your Nonprofit Board

November 3, 2023

VIDEO: Nonprofit board service can be as exhausting as it is rewarding. Whether you are on a board yourself, thinking about joining a board, or seeking to improve the one you sit on, here are three things that high-functioning nonprofit boards get right.

NLRB Decision May Affect Your Workplace Policies

October 5, 2023

VIDEO: iscover how a recent decision by the National Labor Relations Board could reshape workplace policies and potentially impact your business. Learn more about Section 7 of the National Labor Relations Act and the NLRB decision means for employee rights and how it could affect your company's rules.

Essential Guidelines for Owner-Involved Business Loans

October 5, 2023

VIDEO: Learn the important considerations when loaning money to your business or borrowing from it to avoid legal and tax issues.

Why the Cost of Customer Acquisition Is So Important

September 11, 2023

VIDEO: For any business, understanding and effectively managing the cost of customer acquisition is crucial for success. In this video, we'll explain what it is, how it's calculated, and how it affects a business's profitability, cash flow, and overall growth.

Determining Reasonable Compensation for S-Corp Owners

September 11, 2023

VIDEO: As an owner of an S-Corp, understanding the concept of reasonable compensation is crucial for tax planning and compliance. Learn about the IRS's reasonable compensation rules for determining how much should be taken in the form of wages versus pass-through income.

How Top CEOs Found Success Through Immersion

August 17, 2023

VIDEO: Discover how CEOs of Airbnb, Starbucks, and Uber immersed themselves in their own businesses as customers and frontline employees, gaining valuable insights that transformed their companies. Learn how their firsthand experiences led to innovative improvements and a better understanding of their customers' needs.