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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.


The 1099-NEC Threshold Is Changing in 2026
Beginning in 2026, the 1099-NEC threshold increases to $2,000. Learn what business owners should know about contractors, W-9s, and recordkeeping.
2 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


Why a Mid-Year Business Check-In Matters for Small Business Owners
Why a Mid-Year Business Check-In Matters for Small Business Owners
3 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


QuickBooks Training in MN That Sets Your Business Up for 2026
QuickBooks training in MN helps Minnesota business owners use the right QuickBooks features in 2026 to stay organized and confident.
3 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
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