Research Credit FAQs
The research credit isn’t just for labs or tech companies. Many businesses are missing out because they mistakenly assume they don’t qualify, or aren’t sure where to start. Learn how the credit works and what to consider.
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Research Tax Credit
If your small business or start-up is planning to claim the research tax credit, there’s an option to get immediate use of the research tax credit. Subject to limits, you can elect to apply all or some of any research tax credits against payroll taxes instead of your income tax.
How Can Your Nonprofit Use Social Media to Grow?
Uncover strategies to help your not for profit strategically grow your social media presence through the platforms that are right for you.
Minnesota’s 2026 Tax Law Changes
MN Tax Law Changes introduced in 2026 affect bonus depreciation, R&D expensing, PTE Tax, and more that may require an amended return or advanced planning for next year for business owners or individuals.
Midyear Tax Review for Manufacturers
For manufacturers, a midyear tax review can reveal how recent tax law changes may affect capital investments, research spending and other manufacturing activities. Taking action now can give you more flexibility to reduce your 2026 federal tax obligation.
New Minnesota Tax Law Changes with Matt Klein and Zach Deo
Podcast: Tax Principal Matt Klein and Tax Director Zach Deo break down the most important provisions in Minnesota’s 2026 Tax Bill, signed into law on May 27th.
S-corp Classification FAQs
S-corporations are one of the most frequently discussed tax structures for small business owners. While they can offer real savings on self-employment taxes, the benefits aren’t automatic – they depend on your income level, involvement in the business, and whether you’re ready to manage the added compliance responsibilities.
Pass-Through Entity Tax Filing
Pass-through entities generally don’t owe federal income tax at the entity level, but they still must file federal income tax returns. These entities include partnerships, limited liability companies treated as partnerships for tax purposes and S corporations.
R&D Expenses
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.
A Tax-Focused Walk-Through of the One Big Beautiful Bill Act
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.
OBBBA Tax Provisions
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.
Reasonable Compensation and the IRS
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.
Manufacturers: How to Attract and Retain Skilled Employees
As advanced manufacturing processes increasingly rely on technology, the demand for highly skilled workers continues to grow. To stand out to these candidates, your manufacturing company must build a compelling employer brand that highlights career growth opportunities, investment in technology and a commitment to employee well-being.
Reshoring: What Manufacturers Need to Know
Moving your manufacturing business/production, back to the United States is no small endeavor and comes with many factors to consider before making the move.
Manufacturing Cybersecurity Risks
Addressing manufacturing cybersecurity risks is more critical than ever for manufacturers as they increasingly integrate advanced technologies into their operations. While these innovations boost productivity, they also expand potential areas for cyberattacks.