- September 6, 2024
Understand the M&A trends in 2024 and how businesses are leveraging these opportunities to strengthen their market position.
Olsen Thielen Advisor Blog
- September 3, 2024
Olsen Thielen has elected four new principals to our firm leadership including: Rob Mathewson, Tony Oman, Charlie Sparks, and Carrie Sundberg.
- September 3, 2024
Tax Principal, Greg Nelson will be retiring from Olsen Thielen, effective August 31, 2024.
- September 3, 2024
Educators who purchase classroom supplies and educational materials or pay for professional development expenses may be eligible to take advantage of this deduction.
- September 3, 2024
VIDEO: Discover the complexities of lease accounting and the crucial role of a professional CPA in navigating these challenges in this article. Learn about the new standards of ASC 842, how it’s changing how leases are recorded, and why it’s so important to get it right.
- September 3, 2024
VIDEO: Efficient accounts payable management isn't just about paying bills—it can directly impact your business's financial health and growth. From digital tools for invoice processing to robust internal controls for fraud prevention, this article covers everything you need to know.
- August 27, 2024
Struggling with uncollectible debts? This article explains how to manage bad debts, including how to report them, track allowances, and handle unexpected repayments—all while staying compliant with tax rules.
- August 17, 2024
Many businesses have a choice between using the cash or accrual method of accounting for tax purposes. You choice can affect the taxes you pay, so you need to carefully evaluate the differences.
- August 7, 2024
Much like the nonprofits they support, NFP boards should evolve over time. Learn what nonprofit boards typically look like at different stages of an organization’s life.
- August 5, 2024
VIDEO: The IRS released final regulations on required minimum distributions and the ten-year rule. This video provides an overview of the new regulations and how they may impact you or your heirs.
- August 2, 2024
Ever wondered how long you could be subject to an IRS audit? Understanding the timeframe for IRS audits, the statute of limitations, and the circumstances that may extend this period is crucial for maintaining proper tax records and ensuring compliance.
- August 2, 2024
VIDEO: The IRS has resumed processing claims for the ERC, but with increased scrutiny. Watch the video for an overview of common red flags, such as overclaiming and incorrect reporting of wages, that are resulting in greater scrutiny and learn what to do if your ERC claim may be erroneous.
- July 31, 2024
Beware of a new IRS scam involving clean energy tax credits, where scammers are misrepresenting the rules to unsuspecting taxpayers. Learn how this scam works and discover tips to protect yourself from falling victim.
- July 29, 2024
You want your business to pay the minimum estimated tax amount without triggering a penalty for underpayment. Keep in mind that the next payment deadline is September 16, 2024.
- July 25, 2024
Not only must your nonprofit avoid excess benefit transactions, but it also must prevent the appearance of private inurement to insiders. The repercussions can be serious.