Olsen Thielen CPAs

Olsen Thielen CPAs Depend on our people. Count on our Advice.

Iowa Exemptions for Telecommunications Equipment - https://na2.hubs.ly/H06y06F0As of January 1, 2024, the state of Iowa ...
07/09/2026

Iowa Exemptions for Telecommunications Equipment - https://na2.hubs.ly/H06y06F0

As of January 1, 2024, the state of Iowa ended the sales and use tax exemptions for purchasing computers and computer peripherals (hardware) that had previously been in place since 1985.

It is important to note that this change does not affect the existing state sales tax exemption for central office equipment and transmission equipment used for Telecommunications services.

Our annual co****le tournament is always a highlight, but yesterday's was extra sweet, literally. The team got to cool d...
06/26/2026

Our annual co****le tournament is always a highlight, but yesterday's was extra sweet, literally. The team got to cool down with treats from Mik Mart Ice Cream while soaking up some beautiful weather.

Business or Hobby? - https://na2.hubs.ly/H06jMt90Do you operate a side gig in addition to your regular day job? Whether ...
06/25/2026

Business or Hobby? - https://na2.hubs.ly/H06jMt90
Do you operate a side gig in addition to your regular day job? Whether you’ve turned a love for crafting into an online store or you play the guitar at a local venue, you’ll need to report the income from your sideline activity on your tax return.

An article by Sara Johnston, CPA: What the Kwong Case Could Mean for Taxpayers - https://na2.hubs.ly/H0699bw0A recent fe...
06/18/2026

An article by Sara Johnston, CPA: What the Kwong Case Could Mean for Taxpayers - https://na2.hubs.ly/H0699bw0

A recent federal court case, Kwong v. United States, may create an opportunity for some taxpayers to seek refunds or relief from certain IRS penalties and interest charged during the COVID-19 period. In simple terms, the court said many federal tax deadlines may have been automatically pushed back longer than the IRS had recognized.

06/12/2026

Minnesota Extends Pass-Through Entity through 2027. Upcoming episode of Q&A Over Coffee Breaks down the new changes made in this last Legislative Session.

Do You Qualify as a "Small Business"? - https://na2.hubs.ly/H062nXt0Although your business may seem big to you, you may ...
06/09/2026

Do You Qualify as a "Small Business"? - https://na2.hubs.ly/H062nXt0
Although your business may seem big to you, you may wonder how the government classifies it for tax purposes. If your organization qualifies as a “small business,” you may enjoy several important tax advantages. But the rules for specific tax provisions vary.

S-corps are one of the most talked-about and often misunderstood, tax options for small business owners. They’re not a s...
06/01/2026

S-corps are one of the most talked-about and often misunderstood, tax options for small business owners. They’re not a separate business entity, but a tax election that can change how your income is taxed, especially if you’re actively involved in the business. While they can reduce self-employment taxes in some cases, the benefits aren’t automatic and the rules can be complex. Understanding the basics can help you have a more informed conversation with your advisor before making the switch.

S-corps are one of the most talked-about and often misunderstood tax options for small business owners. They’re not a separate business entity, but a tax election that can change how your income is taxed, especially if you’re actively involved in the business. While they can reduce self-employment taxes in some cases, the benefits aren’t automatic and the rules can be complex. Understanding the basics can help you have a more informed conversation with your advisor before making the switch..

05/22/2026

Upcoming Episode of Q&A Over Coffee: Tax Director Zach Deo and Tax Principal Charlie Sparks sit down to talk about some of their experiences in this past tax season regarding the One Big Beautiful Bill Act. Many lessons were learned, and we get to hear directly from tax experts how things might've changed.

The Olsen Thielen team is having an awesome time in Fargo at the NDTA TOC Conference! We’re proud to be a sponsor and co...
05/14/2026

The Olsen Thielen team is having an awesome time in Fargo at the NDTA TOC Conference! We’re proud to be a sponsor and continue supporting telecommunications and utility companies throughout the region. Looking forward to connecting with more attendees and having great conversations throughout the rest of the conference.

Address

2675 Long Lake Road
Roseville, MN
55113

Opening Hours

Monday 8am - 4:30pm
Tuesday 8am - 4:30pm
Wednesday 8am - 4:30pm
Thursday 8am - 4:30pm
Friday 8am - 4:30pm

Telephone

+16514834521

Alerts

Be the first to know and let us send you an email when Olsen Thielen CPAs posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share

Category