Olsen Thielen Advisor Blog

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Governance of not-for-profit organizations is important for the sustainability and future impact of the not-for-profit 's mission. One key governance function is risk management and one specific area of risk management relates to fraud risk.
In today’s economy, employers in most business sectors generally can find enough skilled workers.  However, as the manufacturing industry continues to recover from the recession, there are some shortages of skilled workers, such as machinists, especially for manufacturers in rural Minnesota.
Rental losses are subject to the rules under IRC 469. These losses can be limited or suspended based on a taxpayer’s income and participation. There are exceptions to these rules for taxpayers that qualifying as Real Estate Professionals by satisfying certain requirements.
Business valuations are critical for businesses of any size--and not just when a business is being bought or sold. This article details some common uses of valuations include.
We are pleased to announce that Scott Hoyles and Daniel Owens have been elected to Principal.  Both work out of the St. Paul office—Hoyles in the Tax Department and Owens in the Audit & Accounting Department.
We are pleased to announce that Patrick D. Powers, CPA, has been elected President of Olsen Thielen & Co., Ltd., effective September 1, 2012. 
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