Reminder to file M1PR

The deadline for filing for a Minnesota Homestead Credit Refund (for Homeowners) or Renter’s Property Tax Refund is August 15, 2016.  Please contact our office if you would like us to file this return for you.  A copy of your property tax statement payable in 2016 can be obtained from your county auditor’s office.  A […]

Changes to FDIC Coverage

Effective:  January 1, 2013 The Federal Deposit Insurance Corporation (FDIC) coverage amounts will change January 1, 2013.  Currently, all zero interest demand deposit accounts have unlimited insurance coverage.  In addition, all other accounts within the same bank are covered up to $250,000.  The unlimited coverage on zero interest demand accounts will expire on December 31, […]

How to Avoid the Stress of Year End Taxes

Paying taxes is an annual event that we cannot avoid.  As the end of the year draws near we all start to get a little stressed about how to save as much as we legally can. The first plan of attack is to set an appointment with one of our tax professionals.  Research shows that […]

2013 Employee Social Security Tax Rate Increases

For 2013, the employee tax rate for social security increases to 6.2%.  The medicare withholding stays the same at 1.45%.  The social security wage base limit will increases to $113,700.00. According to the IRS, employers should implement the 6.2% employee social security rate as soon as possible, but no later than February 15, 2013.  After […]