- October 29, 2025
If you are having trouble collecting payments from customers, you might be eligible for a bad debt deduction on your 2025 tax return, but you must show that the debt is worthless and meet other requirements.
Olsen Thielen Advisor Blog
- October 29, 2025
Roth IRAs are great to include in retirement planning because they offer tax-free withdrawals. But to take advantage of the Roth's tax-saving potential, you must follow all the rules, including the sometimes misunderstood five-year rule.
In this episode, recorded on Friday, October 17th, Principals Adam Hennen and Daniel Owens discuss the ongoing government shutdown—now entering its third week—and the broad ripple effects it’s having on businesses, consumers, and the economy.
- September 25, 2025
Minnesota’s Paid Family and Medical Leave program launches January 1, 2026, offering employees paid time off and job protection during major life events. Funded through employer-paid premiums, the program requires all Minnesota employers to participate.
- September 17, 2025
If your business has incurred domestic R&E expenses (research and experimental) in 2025 (or incurred them in 2022, 2023 and/or 2024), you may have a new tax-saving opportunity this year.
PODCAST: Discover how the Supreme Court’s Connelly case impacts life insurance in business valuations. Learn buy-sell agreement risks, tax implications, and planning strategies in this Olsen Thielen podcast episode.
- September 8, 2025
The IRS has set up a way to review and sign your POAs (Power of Attorney) online through their platform. By completing the process electronically, it will expedite and shorten the approval process.
- August 20, 2025
Podcast -- Discover cost-effective ways to strengthen internal controls, prevent fraud, and safeguard financial integrity—no matter your business size or budget.
- August 12, 2025
As of September 30, 2025, the federal government will cease issuing and accepting paper checks for nearly all federal payments. Action is needed immediately to deal with this change.
- July 24, 2025
Lisa Dunnigan, Principal and Chief Information Officer, will be retiring effective August 31, 2025.
The One Big Beautiful Bill Act overhauls the tax code, locking in many 2017 cuts and unveiling new relief for workers, families, and businesses. Read our article for an overview of new rules created by the Act, in addition to extensions or enhancements of existing provisions.
- July 24, 2025
The One, Big, Beautiful Bill Act (OBBBA) includes a number of favorable changes that will affect small business taxpayers, and some unfavorable changes too. Find out which OBBBA tax provisions apply to your business.
- July 24, 2025
The Minnesota Pollution Control Agency (MPCA) offers zero-interest direct loans to small businesses who are considering an equipment upgrade, site cleanup, or other environmentally beneficial project.
Wisconsin Senate Bill 45 was signed into law as Wisconsin Act 15 earlier this month and includes a new state law regarding property taxation of telecom towers. The new law affects telecommunications/broadband operators in Wisconsin.
Podcast -- Learn how nonprofits can navigate uncertainty with budgeting strategies, key financial metrics, and strong board and staff communication.