New Year, New W-4

w4With the new year, the Internal Revenue Service (IRS) has rolled out a new W-4 form, the document employers use to determine how much to withhold from an employees paycheck for taxes. This is the first big update to the form in three decades.

Since employers may have questions about this new form, the Southern Minnesota Area Human Resource Association is inviting Greater Mankato Growth members to join them for a networking lunch on February 4, 2020. Brad Boettcher, Partner with CliftonLarsonAllen will be providing a presentation on the new form. Additional details on the event are below. Continue reading “New Year, New W-4”

Minnesota Tax Reform: What You Need to Know

2018_Forum SeriesThis year the Minnesota Legislature passed and Governor Walz signed into law a significant rewrite of Minnesota’s tax code to bring the state into conformity with the federal Tax Cuts and Jobs Act of 2017. This new law will have significant impacts on both individuals and businesses going forward for the 2019 tax filing season, as well as retroactively as the law may require amendments to 2018 tax returns. To ensure that our members have all the information they need on what this new law will mean for them, Greater Mankato Growth is partnering with Abdo, Eick & Meyers; CliftonLarsonAllen; and Eide Bailly to host a free forum on Minnesota Tax Reform on December 10. Our panel of tax experts will review the federal and new state tax laws and how it will impact businesses as well as discuss what you need to know about retroactive tax filings for 2018. You can register and get more information here:

Tax Bill Event (Free!)

Forum-Series-Logo_SMIn December, President Trump signed into law the Tax Cuts and Jobs Act. This is the most significant federal tax legislation passed in more than three decades and will have sweeping impacts on every type of taxpayer.

PrintTo ensure that both individuals and businesses fully understand the implications of the new tax bill, Greater Mankato Growth in partnership with CliftonLarsonAllen are hosting a free event Tax Reform Planning Strategies – Unlocking the Mysteries of the New Tax Bill.

Wednesday, January 31
2:30 – 4:30pm (with reception following)
Verizon Center, Grand Hall Room 245

REGISTER HERE (Free Event) Continue reading “Tax Bill Event (Free!)”

Tax Bill Q&A for Agriculture

tax cuts and jobs actThe newly passed tax bill has numerous implications that businesses from all sectors need to understand and prepare for. Agriculture is no exception. The following guest blog courtesy of CliftonLarsonAllen provides a helpful Q&A on what the new tax bill means for farmers.

Should you wish to discuss tax reform and its impact on you or your business, please be sure to contact one of our fantastic member businesses with tax expertise. Continue reading “Tax Bill Q&A for Agriculture”