By Logan Kalis, CPA Here we are at the beginning of 2021, and we’ve been working remotely now for nearly 10 months. It’s hard to know if we’ll get back to the office anytime soon. Thankfully, we at JAK have adapted fairly well. We miss being able to have face-to-face interactions with our peers and […]
Why You Need a CPA on Your Team
By Kyle Sturgeon, CPA, MBA When you’re running a business, you can easily become lost in a laundry list of to-dos. This is especially true if you’re just getting started. There are tax forms to file, operating agreements to execute, and marketing plans to finalize, to name a few. But whether you’re in the startup […]
4 Things You Should Know Before Retiring in Another State
By Matt Mikel, CPA For Upper Midwesterners, the idea of retiring in another state may sound appealing—especially when certain states offer an escape from both winter and income tax. But the process of calling another state “home” may be more complicated than you think. Here are a few things to consider if you plan to […]
3 Things Every Business Owner Should Know About ESOPs
By Logan Kalis, CPA When it’s time to transition your business, you have several options to consider. One that’s becoming more and more popular, especially for business owners who would like to give back to the employees who helped grow the company or would like to stay involved in the company, is to establish […]
CARES Act Update: Will You Adopt These 401(k) Changes into Your Plan?
By Andy Knutson, CPA One of the many relief measures of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was to loosen the rules surrounding 401(k) loans, withdrawals, and required minimum distributions (RMDs). If you’re an employer who offers a 401(k), you’re now faced with a decision: Should you adopt these changes into […]