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News & Events
We share timely updates and practical information related to tax season, accounting, payroll, and business compliance, along with occasional firm and community news. The goal is to explain what matters, clarify what to expect, and help you make informed decisions with confidence.


Are Your Business Financial Reports Helping You Make Better Decisions?
Learn how business financial reports can help you make informed decisions, understand your numbers, and confidently plan for the future.
3 min read


Minnesota Property Tax Refund Increase: What Perfectly Balanced Clients Need to Know
Minnesota homeowners may soon see larger property tax refunds than originally expected due to a recent increase announced by the Minnesota Department of Revenue. At Perfectly Balanced Accounting and Tax Services, we automatically review property tax statements for all Minnesota resident clients each year to identify refund opportunities.
3 min read


Summer Systems Update
Perfectly Balanced is upgrading to Xero, Sure Payroll, and a secure client portal. Learn what these system improvements mean for your accounting services.
2 min read


Can I Get My IRS Penalties Refunded From COVID? What to Know About the Kwong Case
Wondering if you can get IRS penalties refunded from COVID? Learn who may qualify under the Kwong case and why the July 10, 2026 deadline matters.
3 min read


15 Minute Tax Consult: Get Clear Answers Without the Guesswork
A 15 minute tax consult gives you clear, personalized answers to common tax questions so you can understand your situation and make informed decisions.
2 min read


Does a Tax Extension Give Me More Time to Pay?
Does a tax extension give me more time to pay? Learn what an extension really covers and why tax payments are still due on time.
2 min read


Year-Round Tax Planning Support in Southwest Minnesota
In Southwest Minnesota, tax work is often treated as a once-a-year task.
Documents are gathered. A return is filed. The process is complete until next season.
That approach works for filing. It does not always work for understanding.
That gap is where year-round tax planning support in Southwest Minnesota becomes relevant.
2 min read


5 Signs Your Business Might Need a Fractional CFO
Learn 5 signs your business might need fractional CFO services and how financial strategy can help business owners make better financial decisions.
2 min read


Clean Books vs. Messy Books: How Monthly Accounting Saves You Thousands in Tax Fees
Monthly bookkeeping services create real-time visibility, helping Minnesota businesses avoid costly cleanup fees, prevent missed deductions, and stay compliant with deadlines. Clean financial statements allow for proactive planning, smarter decisions, and real tax savings before year-end.
2 min read


Entity Selection 101: Choosing a Business Entity in Minnesota
Choosing a business entity in Minnesota? Learn sole member, partnership, C Corp, and S Corp election basics for tax planning.
3 min read


Navigating the Minnesota Beginning Farmers Tax Credit
Learn how the Minnesota Beginning Farmers Tax Credit supports new farmers and how Perfectly Balanced helps rural Minnesota producers build compliant, long-term tax strategies.
3 min read
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