covid 19

Minnesota Legislature Passes Federal Conformity Bill

Reading Time: 1 minute   MN Passes Tax Bill In their special session ending on June 30, 2021, the Minnesota legislature passed a federal tax conformity bill. Highlights of the bill are summarized below.
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How has COVID-19 Affected the Manufacturing Industry?

Reading Time: 3 minute The pandemic has caused severe financial and operational disruption in the manufacturing industry. Our industry experts have created and compiled several resources to help you tackle these challenges...
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Employee Retention Credit FAQs

Reading Time: 2 minute What Is the Employee Retention Credit & How to Claim It For 2021 The employee retention credit (ERC) was first introduced with the CARES Act in 2020, and subsequent tax bills have made the credit...
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Breaking Down the Third COVID-19 Stimulus Bill

Reading Time: 2 minute   American Rescue Plan Act (ARPA) President Biden signed the American Rescue Plan Act into law on March 11, 2021, and it contains numerous provisions that impact millions of Americans. Here is a...
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Pandemic Affecting the Professional Services Industry

Reading Time: 2 minute The professional services industry is feeling the impact of the COVID-19 crisis in a variety of ways. Firms are adjusting to remote working and new client engagement models, all while navigating...
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Applying for the Expanded Employee Retention Credit

Reading Time: 2 minute The latest stimulus bill that passed in December 2020 provides for an expansion of the employee retention credit. Our previous communications covered the highlights of the bill, calculation of the...
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New Round of Grants for Olmsted County Businesses

Reading Time: 1 minute Rochester Area Economic Development, Inc. (RAEDI) announced they will oversee the Olmsted County State of Minnesota Small Business Relief Grant Program. Through this program, small business owners...
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PPP Update & What You Need to Know About the Employee Retention Credit

Reading Time: 3 minute The new relief bill provides support for businesses during the ongoing pandemic. Learn more about what this could mean for you regarding PPP loans and the Employee Retention Credit.
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