Join us for an insightful episode featuring our CIO, Lisa Dunnigan, as we welcome software consulting expert Dick Krocak, who brings over 30 years of experience in computer science, mathematics, and information technology. Dick will discuss the critical role of software integration across various industries, including financial services, accounting, manufacturing, and logistics. He will highlight the complexities involved in integrating these tools, which often require extensive industry and company-specific knowledge. Tune in for valuable insights, and feel free to reach out to Dick with any questions you may have!

In the latest episode of Q&A Over Coffee, we are pleased to welcome Jilayne Leary, our Payroll and Employee Benefit Specialist, and Zach Deo, our Tax Director. Jilayne has been an integral part of Olsen Thielen for over 20 years, serving as a trusted expert in payroll tax and employee benefit regulations. In this episode, Jilayne provides valuable insights into aligning and identifying various benefits included in payroll. She also discusses potential penalties for businesses and employees, and the critical laws and regulations that businesses must follow to ensure proper payroll allocation.

#26: Working Effectively With Your CPA with Pat Powers by Olsen Thielen CPAs & Advisors

#25: Strategic Business Planning with Pat Hall by Olsen Thielen CPAs & Advisors

A very important topic for businesses with employee benefit packages. In this episode we are joined by two leaders of our ERISA audit team: Principal Magen Koepp and Director Carrie Sundberg. Employee benefit plan audits are important for businesses that meet a certain number of participants. This is an enforcement by the Department of Labor and if businesses don't meet certain requirements, they can experience costly penalties. We as a firm feel it is very important to inform you and other business owners about ERISA and how important performing an audit on your employee benefit plans can save you a lot of trouble with the DOL. Tune in to find out more!

Join us for our newest episode of Q&A Over Coffee, featuring our Chief Operating Officer, Julie Walker. Julie wears multiple hats, collaborating with Olsen Thielen and various clients. Her role encompasses diverse tasks aimed at enhancing financial well-being. Discover how monitoring business health differs across industries, as Julie explores analytics tools for tracking cash flow and other vital metrics. Gain insights into interpreting financial statement ratios and actionable responses tailored to your business needs.

Join us for the latest episode of Q&A Over Coffee, featuring commercial banker and financial expert Daniel Batten. Daniel brings extensive experience in aiding businesses with financial management and understanding financial statements. In this episode, we'll emphasize the significance of cash flow for businesses—a crucial factor in assessing debt repayment ability and ensuring long-term financial health. Tune in to discover tips from Daniel on maintaining healthy cash flow and securing the future of your business.

In this latest episode, and in the spirit of tax season, we wanted to share some common scams you might encounter during the tax season. We are joined by Tax Principal Mike Breza and our CIO Lisa Dunnigan to share stories they've heard, or seen firsthand about different tax-related scams. Many involve a phone call from the IRS, text messages, and more. Americans have lost billions to these scams which could jeopardize your finances. Find out from our professionals some red flags you can look out for and how you can take action if you become a victim.

In our twentieth episode of Q&A Over Coffee, we have the Government Relations Director from MNCPA Geno Fragnito to talk about the new legislative changes for CPAs. Geno's role allows him to have direct contact with State Government officials on behalf of the CPA profession. Geno shares with us how tax laws can impact CPAs as well as taxpayers as a response. We also discuss any major tax law changes as well as how CPA firms can better prepare for future legislative changes. For more information, we recommend visiting the MNCPA website and looking into CPA Day at the Capitol.

Welcome back to yet another roundtable talk with our three hosts! In this episode, we talk about what steps a business should consider when selling their business. Business sales are long and arduous processes that require a lot of insight. Carefully looking at your financial statements, seeing if your business is growing or not, and doing this process multiple times each year really helps get the ball rolling and allowing for a transaction to take place. We discuss much more in regards to selling your business in our third episode covering Exit Planning with Randy Krivo.