There is a major change regarding W-2 and 1099 filings. In 2018, the IRS issued regulations that virtually eliminated the ability to ask for an extension to file these forms. This change means you must …Read More

 

With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Tax Cuts and Jobs Act (TCJA), signed into law in December, enhances …Read More

 

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income subject to tax. Maximizing available credits is especially important now that the Tax Cuts and …Read More

 

Owners of private businesses often wonder: How much is my business interest worth? Financial statements are a logical starting point for answering this question. Here’s an overview of how financial statements can serve as the …Read More

 

As an individual with a high net worth, you are very busy with maintaining your online presence, attending meetings, and running your business. The last thing you need is to be bogged down with logistics …Read More

 

Minneapolis, MINN. – Valuation expert, Richard (Rick) Wiethorn, CPA, ABV with Froehling Anderson, Ltd has successfully completed the certification process with the American Institute of Certified Public Accountants (AICPA) to earn the Accredited in Business …Read More

 

Click here for a PDF version:  Tax Law Changes

 

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply …Read More

 

There is a huge marketplace for real estate in today’s economy. Whether an LLC, an S-corporation, like-kind exchanges, or any other form of business entity, Froehling Anderson has advisors experienced in all kinds of financial …Read More