- 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.
Olsen Thielen Advisor Blog
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.
- July 21, 2025
If you’re claiming deductions for business meals or vehicle expenses, there are strict substantiation rules that must be followed to protect your business expense deductions.
- July 17, 2025
Before you open for business, learn how startup costs are handled on a federal tax return.
- July 15, 2025
Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation is unreasonably high or low, it may disallow certain deductions or reclassify payments, potentially leading to penalties, back taxes and interest.
Homeowners and renters in Minnesota may qualify for a valuable tax refund - either the Minnesota Property Tax Refund or Renter's Rebate. Read more to find out if you qualify for either of these programs