http://shmcpa-mn.com/ Take a look at our recent blog posts and client newsletter articles. en-us Wed, 01 May 2013 09:00:00 -0500 Wed, 01 May 2013 09:00:00 -0500 http://www.shmcpa-mn.com/newsletter.php#2 If you're cringing because you haven't filed a 2012 tax return yet, don't worry. It's not too late, and it's not as hard as you may think. Wed, 01 May 2013 09:00:00 -0500 http://www.shmcpa-mn.com/newsletter.php#2 http://www.shmcpa-mn.com/newsletter.php#4 Would you like to legally deduct every dime you spend on vacation this year? The five strategies outlined in this article will show you how. Wed, 01 May 2013 09:00:00 -0500 http://www.shmcpa-mn.com/newsletter.php#4 http://www.shmcpa-mn.com/newsletter.php#1 When you hire someone to work around the house or baby-sit your children, do you need to pay tax for them? Keep reading to find out. Wed, 01 May 2013 09:00:00 -0500 http://www.shmcpa-mn.com/newsletter.php#1 http://www.shmcpa-mn.com/newsletter.php#3 Although the 2012 tax season is officially over, tax scams unfortunately are not, and taxpayers who buy into illegal tax scams can end up facing significant penalties and interest and even criminal prosecution. Whether you've already paid your taxes, are waiting for a refund, or have filed an extension, here's the "dirty dozen" list of tax scams for the 2013 filing season according to the IRS. Wed, 01 May 2013 09:00:00 -0500 http://www.shmcpa-mn.com/newsletter.php#3 http://www.shmcpa-mn.com/blog.php?id=44 Information regarding extending your tax returns. Fri, 05 Apr 2013 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=44 http://www.shmcpa-mn.com/blog.php?id=42 Taxpayers now have a new method of deducting home office expenses. See if you qualify Sat, 16 Feb 2013 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=42 http://www.shmcpa-mn.com/blog.php?id=41 Discussion with legislative leaders about issues involving sales tax, income tax, and auditing processes. Wed, 06 Feb 2013 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=41 http://www.shmcpa-mn.com/blog.php?id=40 This article provides taxpayers with information regarding the tax due from online purchases. Sat, 02 Feb 2013 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=40 http://www.shmcpa-mn.com/blog.php?id=39 Deciding what software to use when preparing your taxes is as important as your return Sat, 19 Jan 2013 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=39 http://www.shmcpa-mn.com/blog.php?id=38 This letter briefly describes the the form 1099-K, form 14420, and Letter 5039. Reporting of income and the IRS matching program Thu, 03 Jan 2013 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=38 http://www.shmcpa-mn.com/blog.php?id=37 This blog focuses on the new rules implemented by the Department of the Treasury as a way of regulated the tax preparation industry Sat, 22 Dec 2012 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=37 http://www.shmcpa-mn.com/blog.php?id=36 Taxpayers who do not have adequate time to complete their income tax returns can get an automatic 6 months to file their returns. Sun, 08 Apr 2012 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=36 http://www.shmcpa-mn.com/blog.php?id=33 Developing an understanding of the elements of divorce and ways you can minimize financial and tax loss. Mon, 29 Aug 2011 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=33 http://www.shmcpa-mn.com/blog.php?id=32 As were near the tax filing deadline for 2010 income tax returns, be aware that the penalty for failure to file a tax return far exceeds that of failure to pay. Sun, 27 Mar 2011 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=32 http://www.shmcpa-mn.com/blog.php?id=31 Using tax preparation services of foreign preparers can save you money, but could expose you to certain risks. Sun, 06 Mar 2011 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=31 http://www.shmcpa-mn.com/blog.php?id=30 All businesses should remember to file information returns or be subject to stiff penalties. Sat, 26 Feb 2011 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=30 http://www.shmcpa-mn.com/blog.php?id=29 Educators can take a deduction for supplies and expenses without itemizing on Schedule A Mon, 21 Feb 2011 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=29 http://www.shmcpa-mn.com/blog.php?id=28 Shakopee CPA makes his voice heard at the state Capitol. Thu, 10 Feb 2011 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=28 http://www.shmcpa-mn.com/blog.php?id=27 Changes in the recent tax law has cause some inevitable delays in processing certain tax retuns. Fri, 24 Dec 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=27 http://www.shmcpa-mn.com/blog.php?id=26 This blog looks at information available from our website as well as a free service we offer to our clients Wed, 15 Dec 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=26 http://www.shmcpa-mn.com/blog.php?id=25 Here are a couple of tax savings strategies for 2010. Sat, 27 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=25 http://www.shmcpa-mn.com/blog.php?id=24 The importance of planning will allow you to minimize your tax liability as a result of divorce Tue, 23 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=24 http://www.shmcpa-mn.com/blog.php?id=23 This article explains some of the benefits allowed as deductions on your income tax return. Mon, 22 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=23 http://www.shmcpa-mn.com/blog.php?id=20 This will help you determine the value of planning before year-end. Sat, 20 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=20 http://www.shmcpa-mn.com/blog.php?id=21 Are you long-term care exepenses deductable? What is the true value of the deduction? Sat, 20 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=21 http://www.shmcpa-mn.com/blog.php?id=22 IRS auditors will now be requesting information be transmitted electronically via Quickbooks files Sat, 20 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=22 http://www.shmcpa-mn.com/blog.php?id=19 This article provides information to help business owners decide if they are required to register and remit sales tax to states where products and services are sold. Thu, 11 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=19 http://www.shmcpa-mn.com/blog.php?id=18 This blog, looks at ways individuals can save money through planning, making smart choices, and following sound financial advice. Mon, 08 Nov 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=18 http://www.shmcpa-mn.com/blog.php?id=17 This is a brief overview of the new healtcare bill and how it will affect individuals and employers. Sun, 07 Nov 2010 08:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=17 http://www.shmcpa-mn.com/blog.php?id=15 If your organization has not filed tax returns for the previous 3 tax years, this is for you. Thu, 07 Oct 2010 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=15 http://www.shmcpa-mn.com/blog.php?id=14 This is a recent article I wrote for the New Business Minnesota Magazine, which goes out to over 8,000 new businesses in Minnesota. Sun, 17 Jan 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=14 http://www.shmcpa-mn.com/blog.php?id=13 This article will help you prepare for an uneventful tax appointment. Tue, 12 Jan 2010 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=13 http://www.shmcpa-mn.com/blog.php?id=12 This form is used to disclose controversial items included in all types of tax returns. Sat, 05 Dec 2009 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=12 http://www.shmcpa-mn.com/blog.php?id=11 Implementation of the Making Work Pay Credit, may end up costing you in the end. Tue, 17 Nov 2009 09:00:00 -0600 http://www.shmcpa-mn.com/blog.php?id=11 http://www.shmcpa-mn.com/blog.php?id=9 This blog provides an introduction to considerations that should be made when beginning a new venture or startup business. Sun, 25 Oct 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=9 http://www.shmcpa-mn.com/blog.php?id=8 Divorce often times leads to hostility, bitterness, lonliness, and financial ruin. Mon, 19 Oct 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=8 http://www.shmcpa-mn.com/blog.php?id=7 Parents can take advantage of a great opportunity by selling their home to a child, then leasing it back... Fri, 25 Sep 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=7 http://www.shmcpa-mn.com/blog.php?id=5 Business owners - Documentation is key.. Sat, 12 Sep 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=5 http://www.shmcpa-mn.com/blog.php?id=4 This blog provides business owners and individuals a flavor of what to expect when purchasing or selling products in Minnesota and other states. Tue, 01 Sep 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=4 http://www.shmcpa-mn.com/blog.php?id=3 Knowing when he/she is an employee. It's your responsibility. Thu, 27 Aug 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=3 http://www.shmcpa-mn.com/blog.php?id=2 Individuals and business owners can benefit significantly by using proper planning techniques to reduce overall tax liability. Sat, 22 Aug 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=2 http://www.shmcpa-mn.com/blog.php?id=1 Tue, 18 Aug 2009 09:00:00 -0500 http://www.shmcpa-mn.com/blog.php?id=1