New Office!

I want to share the great news that I have signed a five year lease on a terrific new office space, and will be moving in on June 1st, 2016.  I will be on the 4th floor of the Quadrant Office Building, which is conveniently located near the intersection of Boone Avenue and Interstate 694.  The address is:

7100 Northland Circle N #403
Minneapolis, MN 55428

There are several things that I’m excited about with this move:

  • I will have more total space than I do now, including an office for an assistant/staff person which I plan to hire in the near future.
  • A third office in the suite will become available to me in June 2017, offering even more room to grow my staff.
  • The Quadrant Office Building is more centrally located than my current office and provides easier access, while remaining very close to the Maple Grove retail area.
  • The five year lease will provide more continuity to my practice, which I believe will be a welcome “change” for my clients, who have been extremely loyal throughout each of my moves over the past several years.

I look forward to being able to better serve my clients’ needs in several ways with what this new office will provide.

Roth IRA Conversion & Recharacterization

There are many strategies surrounding the IRA and Roth IRA, two of which are the Roth IRA Conversion and the Recharacterization of a prior Conversion. There are many articles out there describing these strategies, but the reason for this post is to make you aware of a silver lining in a down market. If you executed a Roth IRA Conversion in 2015 when the market was up, you may want to consider Recharacterizing - or undoing - the conversion and furthermore you may want to consider Reconverting in the current down market. If you did not execute a Roth IRA Conversion in 2015, you may want to consider doing so in the current down market.

There are many factors that affect the decision of whether to Convert, Recharacterize or Reconvert, and each individual situation is unique, so please contact your financial advisor as you consider these options.

Please contact us if you have any questions regarding this issue.


Form 1099-MISC Filing Requirements

In general, your business must furnish Form 1099-MISC to any individual that it pays $600 or more in a calendar year.  This also applies when your business pays an LLC $600 or more, unless the LLC is taxed as a C Corporation or an S Corporation.  If said LLC is taxed as a Partnership or a Sole Proprietorship, your business must furnish a Form 1099-MISC thereto for payments totaling $600 or more in a calendar year.  The safe action would be to simply furnish a Form 1099-MISC to all individuals and LLCs that your business pays $600 or more in a calendar year.

In order to properly complete Form 1099-MISC, it is recommended that you obtain a completed Form W-9 from each payee to which you will furnish a Form 1099-MISC.

Generally, you must furnish Form 1099-MISC to the recipient by February 1, 2016, and you must file the IRS copy along with Form 1096 by February 29, 2016.

Please contact me as soon as possible if you need assistance with filing these forms.

We're Growing!

Thanks to my wonderful clients my practice is growing quickly, and because of this I am in need of a staff accountant to assist me. The following is the advertisement for this position. Please pass this along to anyone you know who might be a good candidate.

Thank you!


Small CPA firm in Maple Grove, looking for a permanent employee willing to work 10 to 20 hours per week initially and potentially full time eventually.  This position is partially administrative and partially staff accountant.  This position is open immediately.

Job Duties

  • Assemble client tax returns
  • Administer our Client Relationship Management software
  • Administer our Social Media presence
  • Perform ad hoc projects and tasks for firm Principal
  • Prepare individual and business tax returns
  • Process payroll and payroll tax returns for business clients
  • Provide bookkeeping services for business clients
  • Scan documents into our computer filing system


  • Proficient with QuickBooks
  • Proficient with Office products Excel and Word
  • Tax preparation experience


$15 - $20 per hour, depending on qualifications, with strong potential for future increases based on performance.

Please send your resume along with a cover letter to