Our mission is to communicate, collaborate and cooperate with our clients to help get them where they want to be financially. Our specialty is working with individuals and small to midsize companies in the Minneapolis and St. Paul area. We hope that our website will offer you a glimpse of our expertise and help answer tax and accounting questions you may have.
Businesses that pay independent contractors, royalties, or other non-employee workers must file 1099 forms with the IRS and issue copies to the contractor. Beginning in 2020, non-employee compensation of $600 or more is reportable on form 1099-NEC. These payments had been reported in box 7 of the 1099-MISC in prior years. While form 1099-NEC presents an additional filing, the underlying rules concerning who should be issued a 1099 has not changed.
Include fees, commissions, prizes and awards for services performed as a non-employee, and other forms of compensation for services performed for your trade or business by an individual who is not your employee.
Businesses that pay independent contractors, royalties, or other non-employee workers must file 1099 forms with the IRS and issue copies to the contractor. Beginning in 2020, non-employee compensation of $600 or more is reportable on form 1099-NEC. These payments had been reported in box 7 of the 1099-MISC in prior years. While form 1099-NEC presents an additional filing, the underlying rules concerning who should be issued a 1099 has not changed.
Include fees, commissions, prizes and awards for services performed as a non-employee, and other forms of compensation for services performed for your trade or business by an individual who is not your employee.
Services
We provide tax services to both businesses and individuals.
Our goal is to help you minimize your tax liability with proactive planning and accurate reporting.
Whether we are the accounting function of your business or we are working with your staff, our goal is to help you generate timely and accurate information about your business.
We provide review and/or compilation services.
We work with small business owners and their accounting staff as outsourced CFOs or controllers.
We want to become part of your financial team.
Our goal is to help you minimize your tax liability with proactive planning and accurate reporting.
Whether we are the accounting function of your business or we are working with your staff, our goal is to help you generate timely and accurate information about your business.
We provide review and/or compilation services.
We work with small business owners and their accounting staff as outsourced CFOs or controllers.
We want to become part of your financial team.
HSA Contribution Limit Changes For 2012( 0 )The contribution and out-of-pocket limits for HSA's from 2010 and 2011 will increase.
Comparing your itemized deductions to the average( 0 )The IRS has released preliminary data from 2011 of the average itemized deductions pe.
S-corporations and the Home Office Deduction( 0 )When you are a shareholder of an S-corp but also work for the company you are conside.
Worker Classification: Independent Contractor vs. Employee( 0 )In making the determination whether to classify an individual as an employee or an in.
Comparing your itemized deductions to the average( 0 )The IRS has released preliminary data from 2011 of the average itemized deductions pe.
S-corporations and the Home Office Deduction( 0 )When you are a shareholder of an S-corp but also work for the company you are conside.
Worker Classification: Independent Contractor vs. Employee( 0 )In making the determination whether to classify an individual as an employee or an in.
Matt has over 15 years of experience assisting individuals and small businesses with tax, accounting, and consulting services.
He graduated from the University of St. Thomas in 1994 and has worked both as a controller in private industry and as a CPA in public practice.
Matt enjoys working with small business owners and has expertise in many industries including manufacturing, software, retail, and professional services.
Connie has 12 years of experience assisting individuals and small businesses with all aspects of tax and accounting.
He graduated from the University of St. Thomas in 1994 and has worked both as a controller in private industry and as a CPA in public practice.
Matt enjoys working with small business owners and has expertise in many industries including manufacturing, software, retail, and professional services.
Connie has 12 years of experience assisting individuals and small businesses with all aspects of tax and accounting.
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