Construction and Real Estate

Categories

Social Security Phone Scam

Identify theft is a growing problem for consumers, and the latest tool in the scammers arsenal is the Social Security Phone Scam. 
More Info »

Succession Plan for Family Business

Owners of a family-owned business many times underestimate the need for a succession plan for their family business. The thinking may be "we’re a family business and there'll always be a family member here to keep the company going and no one will stand in the way." 
More Info »

Robocall Scam

According to the KnowBe4 Security Team (www.KnowBe4.com), be on the lookout for a popular robocall scam that is tricking people into believing their Social Security number (SSN) has been suspended.
More Info »

Entrepreneurs and Start-Up Expenses

For start-ups, before you even open the doors, you generally have to spend a lot of money to train workers and pay for rent, utilities, marketing and more. Entrepreneurs sometimes are surprised to find out that many expenses can’t be deducted right away.
More Info »

Leasing or Buying Equipment

Have you ever wondered if leasing or buying equipment would be more tax efficient for your business? Recent changes to federal tax law and accounting rules could affect whether you make the decision to lease or buy equipment or other fixed assets.
More Info »

Like-Kind Exchanges of Real Property

Generally, if a taxpayer exchanges business or investment property solely for business or investment property of a like or similar kind, they don’t need to recognize a gain or loss.
More Info »

Magen M. Koepp Elected Principal

Olsen Thielen is pleased to announce Magen M. Koepp was elected Principal of the firm, effective September 1, 2018. Magen is an Employee Benefit Plan Specialist and has ten years of experience in accounting, auditing and consulting.
More Info »

Get Your Financial Statements in Order Before Asking for a Business Loan

As a business owner, if you are considering expanding your company, be sure to get your financial statements in order before asking for a business loan.
More Info »

Apartment Complex Property Manager – Employee or Independent Contractor?

The IRS recently won a tax court case that reclassified an apartment complex manager (who was being treated as an independent contractor) as an employee, subjecting the apartment building’s owner to employment taxes and penalties.
More Info »

Michael Bromelkamp to Retire

Olsen Thielen Principal, Michael Bromelkamp, is in the process of transitioning from his many responsibilities at Olsen Thielen after 25 years with the Firm.
More Info »

Competitive Business Health Assessment

For business owners, it is important to step back and regularly do a competitive business health assessment.  Even a successful business can fall victim to changing market conditions or major disruptions in the industry if they are not paying attention.
More Info »

Change Management Benefits

Change is difficult and when change management benefits are carefully considered, a formal approach can minimize the negative fallout and increase the likelihood of achieving your desired change goals, whether it be something as drastic as a merger or as simple as a new software program. 
More Info »

Net Operating Loss Treatment

The Tax Cuts and Jobs Act (TCJA) made some significant changes in net operating loss treatment.  A net operating loss (NOL) occurs when deductible expenses exceed income.  While this is not usually the desired result, the NOL can result in tax benefits when used to offset other income.
More Info »

Hiring Solvency Experts

Solvency is essential to staying in business and sometimes hiring solvency experts is needed to resolve creditor payment issues.
More Info »

Encourage Use of Your Employee Assistance Program

An employee assistance program (EAP) is an employer sponsored program designed to assist employees in resolving personal problems, such as substance dependence, financial or legal woes, or mental health issues.
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.