JAK + CO.

Certified Public Accountants

Call Our Minnesota CPA Firm: 651.641.1099
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What To Do If You’re Facing an IRS Audit

July 12, 2018 By JAK + CO.

By Matt Luckmann, CPA Receiving an audit request from the IRS can, understandably, cause your blood pressure to spike. But there’s no need to panic—it doesn’t necessarily mean you did something wrong. Here’s a quick look at why you might be selected, and what you should know if you are. First, let’s talk about why […]

Filed Under: Accounting, Business Tax, Consulting, Matthew Luckmann Tagged With: Accounting, Audit, Business Management, Construction

5 Steps to Creating a Killer Business Budget

October 4, 2017 By JAK + CO.

5 Steps to Creating a Killer Business Budget

By Jason Loven, CPA Managing cash flow can be one of the toughest aspects of owning a small business. Having a business budget can help—not because it’s about cutting spending, but because it gives you a way to track revenue and expenditures. Even if your finances are in good order, a budget can help you […]

Filed Under: Accounting, Business Tax, Consulting, Jason J. Loven Tagged With: Accounting, Business Management, Construction

5 Signs It’s Time to Break Up With Your Bank

September 28, 2017 By JAK + CO.

By Kyla Hansen, CPA  Your bank should be an asset, never a hindrance. If yours is holding you back, don’t feel trapped—consider shopping around. Here are five signs it could be time to say goodbye. Your loan covenants are too restrictive. When a business fails its covenant, nine out of 10 times the bank will […]

Filed Under: Accounting, Audit and Assurance, Business Tax, Kyla Hansen Tagged With: Accounting, Business Management, Construction, Consulting, Tax

How to Build a Rock-Star Internal Accounting Team

July 12, 2017 By JAK + CO.

By Andy Knutson, CPA  As a business owner, you depend heavily on your internal accounting staff. These are the people, after all, who keep you up to speed on the financial side of your operations—i.e., the information you need to make critical business decisions. When this team isn’t on top of its game, you feel […]

Filed Under: Accounting, Andy Knutson, Consulting Tagged With: Accounting, Business, Business Management, Construction

3 Ways Budgeting Can Improve Your Construction Business

October 4, 2016 By JAK + CO.

Construction Budgeting

By Jason J. Loven, CPA, CCIFP® |  In the midst of permitting deadlines and site visits, budgeting is probably one of the last things on your mind. But operating without an annual budget is like embarking on an unfamiliar road trip and leaving your GPS at home. Without directions and a way to pinpoint your progress, […]

Filed Under: Audit and Assurance, Business Tax, Jason J. Loven Tagged With: Construction

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1781 Prior Avenue North
Falcon Heights, MN 55113
Main 651.641.1099
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www.jakcpa.com

John A. Knutson & Co., PLLP

John A. Knutson & Co., PLLP, (JAK) is a Twin Cities-based accounting firm serving clients throughout Minnesota and beyond. A Team Committed to Quality Beyond Expectations

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