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Furlough vs Lay-offs

Furlough vs Lay-offs

By Froehling Anderson | Apr 6, 2020

As business owners work through the challenges amid COVID-19, you may need to consider what to do with your work force. Many businesses are considering furloughs or layoffs as a means to control

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Sales Tax Payment Extension for Identified Minnesota Businesses

Sales Tax Payment Extension for Identified Minnesota Businesses

By Froehling Anderson | Mar 19, 2020

Minnesota Department of Revenue is granting a 30-day Sales and Use Tax grace period if your business is affected by the recent Minnesota Executive Order 20-04.

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How Much Should I Increase My Prices Every Year?

How Much Should I Increase My Prices Every Year?

By Froehling Anderson | Feb 28, 2020

Raising prices is essential (for any business) to stay competitive, but it’s not easy. Increasing it too much will lose your customers, and increasing it too little will make your business fall

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How Can Froehling Anderson Help My Business Expand?

How Can Froehling Anderson Help My Business Expand?

By Froehling Anderson | Dec 11, 2019

So you’re thinking of expanding your business. Congratulations! But, don’t get lost in the excitement. Expanding a business takes capital, time, knowledge, and paperwork. If you don’t continue

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Excess Business Loss Changes Under the TCJA

Excess Business Loss Changes Under the TCJA

By Froehling Anderson | Nov 26, 2019

Sole proprietorships and pass-through entity structures, which include partnerships, S corporations and certain limited liability companies (LLCs), can provide owners with some valuable tax benefits.

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Froehling Anderson Services

Froehling Anderson Services

By Froehling Anderson | Nov 8, 2019

As a premier Twin Cities CPA consulting firm, Froehling Anderson puts people before numbers, building long-lasting relationships with our clients. We make sure we can properly assist, guide and

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Taxable vs. Tax-advantaged: Know the Difference

Taxable vs. Tax-advantaged: Know the Difference

By Froehling Anderson | Nov 5, 2019

When investing for retirement or other long-term goals, people usually prefer tax-advantaged accounts, such as IRAs, 401(k)s or 403(b)s. While some assets sit well in these accounts, others would do

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Repairing Vs. Improving Your Business Property

Repairing Vs. Improving Your Business Property

By Froehling Anderson | Oct 30, 2019

Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable tax deduction. Repairs can be expensed and deducted, but improvements to a

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Capital Budgeting: Comparing Short-term Vs. Long-term Costs

Capital Budgeting: Comparing Short-term Vs. Long-term Costs

By Froehling Anderson | Oct 24, 2019

Determining what an asset will cost you over its lifespan is an important part of building a budget. This is especially true when that asset is of high-value, such as a new piece of machinery or an

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