A Whole New W-4

Jacob Franklin, Senior Manager, recently spoke to the Grand Forks Herald to outline changes on the W-4 form in 2020. To read about these changes in the full article, click here.

Summary and Q&A of Tax Implications of Coronavirus Bill

Here is a quick rundown regarding the tax implications of the Coronavirus bill.  This Bill addresses the Phase I and Phase II provisions – it is anticipated that Phase III will address the stimulus payments being mentioned in the media.

Extended Income Tax Payment Relief due to COVID-19

On March 18, 2020, the IRS released Notice 2020-17. This notice officially provides relief to taxpayers during the COVID-19 pandemic by extending the original April 15, 2020 income tax payment deadline to July 15, 2020.

Congress passes the Families First Coronavirus Response Act

President Trump signed the Families First Coronavirus Response Act (the Act) late on March 18, 2020, soon after the Senate passed the amended House bill sent to the Senate on March 17, 2020.

Work Continues with New Procedures In Place

We would like to share an update on how Brady Martz is responding to the rapidly changing environment caused by coronavirus (COVID-19). 

Tax Payment Deadline Delayed by 90 Days

There has been much speculation surrounding the impact of the Coronavirus (COVID-19) pandemic on the U.S. tax filing deadline. At a Tuesday White House briefing, Treasury Secretary Steven Mnuchin announced new relief measures that are effective immediately.

An Update Regarding Coronavirus (COVID-19)

At Brady Martz, the health and safety of our employees, their families, and our clients is of paramount importance. For this reason, we are taking specific precautions to protect our staff and visitors during the current outbreak of Coronavirus.

Choosing the Right Valuation Method for Your Company

This article discusses three different methods that one can use to value a business. For example, the asset approach, market approach, and income approach are all unique in their own way and could provide different benefits to meet what you are looking for.

To view this article, click HERE to access the original content.

Improving Small Business Financial Health

This article discusses how the financial health of a small business is comprised of more than just the amount of sales. Taking a look at topics such as revenue, expenses, cash flow, and automation can be very beneficial in this competitive business market. Five key questions to ask yourself are also outlined in this article.

To view this article, click HERE to access the original content.

Making Smart Risk Management Decisions

This article discusses what it is like to be in charge of making important decisions when it comes to day-to-day operations in a business. Topics such as risk tolerance, risk appetite, and insurance programs are all outlined in great detail. No matter your business industry or current business position, these insights are worth taking a look at!

To view this article, click HERE to access the original content.