- November 13, 2025
The Internal Revenue Service has announced the 2026 401(k) contribution limits and guidance on cost-of-living adjustments and other retirement-related items for tax year 2026.
Olsen Thielen Advisor Blog
- November 10, 2025
Our Tax Planning Guide helps keep up with a lot of the current tax law changes. With the passage of the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, many Tax Cuts and Jobs Act (TCJA) provisions, including lower individual tax rates, are now permanent.
- November 6, 2025
Podcast - Learn year-end tax planning strategies for 2025 with Olsen Thielen’s Matt Klein, Charlie Sparks, and Tom Pesch. This episode of Q&A Over Coffee covers charitable giving, business deductions, SALT limits, and proactive tax moves to help you save money and prepare for 2026.
- 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.
- 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.