Froehling Anderson has updated and defined our logo and company, Froehling Anderson Accountants & Advisors. There were many components and brand values considered when starting this updated identity of our firm. This is the breakdown …Read More

 

As of July 1st, new laws concerning employers and their employees will go into effect. The Wage Theft Law, passed by the Minnesota Legislature, amends labor laws and includes new wage and hour requirements, as …Read More

 

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s …Read More

 

The accounting profession is largely self-regulated by the American Institute of Certified Public Accountants (AICPA). Part of its mission involves the development and enforcement of a broad range of standards for the profession. Why do …Read More

 

To save money, your business may treat workers as independent contractors, rather than employees. Be aware that the IRS looks for businesses that improperly classify workers. It’s best to handle independent contractors so the relationships …Read More

 

The world is musing over the potential impact of Artificial Intelligence (AI). Forrester predicted “A greater than 300% increase in investment in artificial intelligence in 2017”, and Sundar Pichai CEO of Google wrote in 2016 …Read More

 

Private companies have a good reason to celebrate this New Year: The FASB recently updated its guidance to allow them to opt out of the complicated rules for consolidating variable interest entities (VIEs). Consolidating financial …Read More

 

Independent Contractor vs. Employee: Worker Classification Matters Many employers mistakenly believe that the misclassification of employees as independent contractors doesn’t really matter, so long as the contractors satisfy all of their tax obligations. This couldn’t …Read More

 

Evaluating the Best Entity Choices Post-TCJA

The TCJA’s new, flat 21% income tax rate for C corporations may make choosing C corp structure for your business seem like a no-brainer. After all, 21% is much lower than the 37% top rate …Read More

 

Pettit Hired as Marketing Manager at Froehling Anderson

Froehling Anderson, a leading Minneapolis CPA firm, hired Jillian Pettit as Marketing Manager. As Marketing Manager, Pettit will implement marketing and business development strategies for the firm and lead all marketing efforts for continued growth, …Read More