H & S Bookkeeping & Office Service

08/26/2026

YES! Save those receipts!

Are you getting our emails?

Click on the link and then look for "Join our email List"

We don't sell your info to anyone, it's just us sending you information about once a week.

Email from H & S Bookkeeping & Office Service Save your back to school shopping receipts Greetings! State officials say families who save back-to-school receipts this year may be able to claim K-12 ta

08/26/2026

Paid workforce training program for construction trade.

🔨 Ready to build your future? Applications are open for ONWARD, Sabathani's paid 10-week workforce training program for adults 18+ interested in careers in construction, the skilled trades, and green energy.

Beginning October 5, participants will gain:
• Hands-on construction and sustainable building skills
• Workforce readiness and career development
• Industry-recognized certifications
• Resume and interview preparation
• One-on-one career coaching
• Connections to employers and apprenticeship opportunities

Applications are open through August 31, and space is limited.

🔗 Learn more and apply: sabathani.org/event/onward-workforce-training-program-2/

08/26/2026

When you stop and ask yourself, do you want this or do you need this? It can help with the how you choose to use your money-wants or needs

08/25/2026

Last year, over 46,000 families received an average credit of $389, while more than 123,000 families received the subtraction for an average of $1,491, the department said. Purchases must be for educational services or required materials, and the child must be in kindergarten through 12th grade at a public, private or qualified home school.

https://kstp.com/kstp-news/local-news/minnesota-families-can-claim-k-12-tax-breaks-on-school-supplies/?utm_campaign=snd-autopilot&utm_medium=social&utm_source=facebook_KSTP-TV&fbclid=IwY2xjawT6pblwZG9mBWV4dG4DYWVtAjEwAGJyaWQRMXVkNmFTVkdmUUNPMnNab25zcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeI7YAY34LpSuu2E_Sm11mcCbttdrHyJ0w2YRmAiXuVWL2b-6HUuvMhLWcESc_aem_AH7UvrOCuLkN3DSG_buJlw

State officials say families who save back-to-school receipts this year may be able to claim K-12 tax breaks when they file next year.

08/25/2026

Revenue, profit and cash flow are not the same thing.

Revenue is the money your business brings in before expenses.

Profit is what remains after your business expenses are paid.

Cash flow is the money actually moving in and out of your business.

A business can have strong sales and still struggle if expenses are too high or money isn't coming in quickly enough to cover the bills.

Don't just celebrate the sales number. Know what you're keeping and understand where your cash is going.

Know the difference. Focus on what matters.

08/25/2026

🌟 Do You Need a Trust? 🌟

A trust isn’t just for the wealthy—it’s a smart tool for many families.

Helps your loved ones avoid probate

Can protect assets for children or dependents

Provides privacy and control over how your money is used

Thinking about whether a trust makes sense for you?

It’s always best to talk with a qualified attorney or estate planner.

💡 At H & S Bookkeeping, we can help you organize your financial picture so you’re ready for those important next steps.

📞Call us to get started organizing your financial picture. 763-231-4885

We are not estate lawyers but we can help you get organized .

08/24/2026

Business Owners-Mind Your Business

Know your numbers

Revenue & Profit

Sometimes these two can get mixed up, but they’re actually very different!

Let’s break it down:

Revenue = All the Money You Make 💵

This is the total amount of money your business brings in from selling products or services. It's like when you sell lemonade, and people give you $20 in total. That’s your revenue! 🎉

Profit = What’s Left After Expenses 💸

Profit is what’s left after you’ve paid for everything to keep your business going (like rent, materials, or salaries). It’s like after you sell the lemonade, you subtract what you spent on lemons, sugar, and cups. The money you have left is your profit!

🏦
Revenue is not the same as profit!

Just because you make a lot of money doesn’t mean you’re earning a lot.

Always keep an eye on your expenses to know your real profit. 📊

You will also have your rent or location expense, sales tax, workman's comp if you have employees, business insurance, business supplies.

Remember: Revenue is the total money in.

Profit is what’s left after spending! 💡

Tools you can use: Use Quickbooks for business to keep things simple for yourself

08/20/2026

Want to find out the status of your Minnesota Property Tax Refund Status?

You will need to have your Property Tax Refund amount before logging in to check the status.

Then, click on this website and enter your information
https://www.mndor.state.mn.us/tp/OnlineServices/_/

If you don't see it as being filed, and if we did your 2025 taxes, please call the office and let us know! For some that filed EARLY, we can't electronically file the Property Tax Refund until March. Just call and let us know, we can fix that easily and get that filed. 763-231-4885

Video instruction on YouTube for Where's my refund? Watch this video

https://youtu.be/E-QT7DK2_qw?si=O892tUBYth-2Jrut