- February 2, 2020
VIDEO: If you're self-employed or a small business owner, you may benefit from establishing an employee retirement plan. Here's a great video you don't want to miss.
Olsen Thielen Advisor Blog
- February 1, 2020
VIDEO: Gifting can be an strategic part of your estate plan, but it's important to understand how the Gift Tax works. The Gift Tax is a federal tax on assets transferred to a recipient when full payment is not received in return. In this video you'll learn important tax
- February 1, 2020
Olsen Thielen continues to take significant steps toward "Going Green", which includes paperless audit and tax returns.
- January 20, 2020
If your not-for-profit suffers from a chronic volunteer shortage or has had to put off large projects for lack of helping hands, corporate volunteer partnerships can be a boon. Teaming up with a well-known company can also raise your nonprofit’s profile with potential donors and the media.
- January 20, 2020
A law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan for employees or if you’re thinking about adding one, you should familiarize yourself with the new rules.
- January 19, 2020
Business owners may think that, if they repair a piece of tangible property, they’ll qualify for an immediate tax deduction. But the IRS may define that “repair” as an “improvement,” and require the costs to be depreciated over a much longer period.
- December 27, 2019
If an employee passes away during the year, you must report the accrued wages, vacation pay, and other compensation paid after the date of death. And, accrued wages paid in the same year as the employee’s death are reportable on Form W-2 and Form 1099-MISC.
- December 10, 2019
After 40 years at Olsen Thielen, Andy Janneke is transitioning his responsibilities and will be retiring in December 2019.
- December 9, 2019
Commercial database hackings are in the news and may seem commonplace. But while many of these stories focus on hacked bank and credit card accounts, 401(k) plan sponsors and participants probably don’t realize that their plan assets also are at risk.
- December 3, 2019
There's some new ways for you to reduce your nonprofit's filing burden if you are thinking about merging or otherwise restructuring. Recently, the IRS made the process easier for some organizations.
- December 3, 2019
The U.S. Department of Labor (DOL) approved changes to thresholds for overtime pay on September 24, 2019, under the Fair Labor Standards Act (FLSA). These changes are likely to impact approximately 1.3 million workers that may become eligible for overtime.
- December 2, 2019
VIDEO: Crowdfunding has become a relatively new way for businesses to raise capital. In this short video, you'll learn how businesses are leveraging equity crowdfunding to raise capital from both accredited and non-accredited investors.
- December 1, 2019
VIDEO: All businesses face a variety of risks, which is why it's important to have contingency plans in place to deal with unexpected events. In this video, you will learn 5 important steps to contingency planning for your business.
- November 11, 2019
Your organization's annual report is of particular interest to stakeholders such as donors, grant makers, clients, volunteers, watchdog groups and the government.
- November 6, 2019
Many business decisions may offer an advantage to your nonprofit organization but on the flip side many times carries risk. For instance, if your not-for-profit owns its own facility, most likely you have more control over your work space than if you lease. However, ownership carries risks and leasing can provide