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planning ahead

Planning Ahead

March 29, 2021

Regardless of whether the death of a loved one is unexpected or anticipated, dealing with it is always difficult and usually catches family members unprepared. A little planning ahead can […]

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daycare provider

Tax Tips for Daycare Providers

February 22, 2021

We have years of experience designing specific strategies for clients to follow throughout the year to reduce taxes while understanding the impact of the latest tax laws, legislation and IRS […]

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child tax credit

Child Tax Credit

February 10, 2021

You are ready to file this year’s tax return and have no idea where to begin. You have dependents and know there is a child tax credit that comes from […]

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bible in hands

Tax Tips for Clergy

January 26, 2021

Our experienced team understands that supporting the relationships of those who work and volunteer time for their place of worship is a crucial piece of what creates thriving organizations. The […]

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tree logo - mn cpa

Tips for Self-Employed Taxpayers

January 4, 2021

Conducting business as a sole proprietor is one of the simplest forms of operation. It’s easy to start a business operated as a sole proprietorship and just as easy to […]

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new location

Anfinson Thompson Now in Redwood Falls

October 15, 2020

Anfinson Thompson & Co. has expanded to Redwood Falls. Anfinson Thompson & Co. has purchased LeSage, Reynolds, & Welter Ltd and looks forward to continuing their long history of serving […]

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military tax credits

Tax Tips for Military Personnel

July 15, 2020

Military personnel and their families may be eligible for special tax benefits. Learn how to take advantage of these benefits today!

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Business versus Hobby Tax Classification

Business versus hobby classification

June 2, 2020

A hobby is classified as an activity pursued outside primary work primarily for pleasure. However, a business is used to earn profit. Proof of a profit motive is required to generate a tax loss from a business

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SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

May 18, 2020

Friday, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The […]

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IRS Launches Get My Payment Tool

IRS Launches “get my payment” tool

May 4, 2020

The IRS has launched its “Get My Payment” tool, which allows taxpayers to check the status of their economic impact payment. The tool provides information about a taxpayer’s payment status, […]

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