SDK CPAs

New federal budget updates introduce a temporary tax deduction of up to $6K for seniors 65+, designed to benefit middle-income retirees. Curious how it impacts your Social Security? Watch SDK’s Steve Warren discuss the impacts on KARE11: https://www.youtube.com/watch?v=8Wyy2yBqTYs

Celebrating 35 years of excellence and our third consecutive Star Tribune Top Workplace award, we’re proud to be recognized for our people-first approach. Thank you to our dedicated team and valued clients for making SDK the trusted partner it is today.

Is your business wrestling with inventory management? FIFO vs. LIFO – what is the difference? These terms could make a BIG difference in how smoothly your operations run and what you owe in taxes. Wondering if it’s time for a switch? Check out our article for key factors to consider. https://sdkcpa.com/why-now-may-be-the-right-time-to-transition-to-lifo/

     

Ready to file your 2023 tax return? You may want to hold off for a little while. See what SDK’s Steve Warren has to say about the potential changes to the Child Tax Credit here: https://www.youtube.com/watch?v=KJRLiyXRofY

As the back-to-school season approaches, families across Minnesota are preparing to equip their children with the necessary tools for a successful academic year. To help alleviate the financial burden of purchasing school supplies, Minnesota offers a school supply tax credit. Read our article here for details: https://sdkcpa.com/school-supply-tax-credits-in-minnesota/

     

The SDK CPA team is coming together for a wonderful cause! We're proud to share photos of our participation in the "Pack at the Park" event today, which is all about making a positive impact in the lives of those in need.

"Pack at the Park" is a fantastic initiative organized by Feed My Starving Children, a nonprofit dedicated to eradicating hunger around the world. This event brings the community together at Target Field to pack nutritious meals for children who are facing hunger. It's an incredible opportunity for us to lend a helping hand and spread kindness.

As a firm committed to giving back, we couldn't be more thrilled to be a part of this event. Our team is rolling up our sleeves, putting on those hairnets, and packing meals with love and care. It's all about teamwork, making a difference, and showing that we're not just number crunchers – we're compassionate individuals who care about our global community.

One-time tax rebate payments of up to $1,300 will begin this week in Minnesota. The rebates will start going out this week and more than two million payments will be sent now through September. Read more about the payments on our website here: https://sdkcpa.com/tax-rebate-payments-start/

     

Recently, Minnesota passed legislation regarding paid family and medical leave. In this article, we will delve into the key provisions of Minnesota’s legislation and discuss its potential impact on businesses and individuals alike. https://hubs.ly/Q01YpF7N0

     

Happy 4th of July! Let's honor those who fought for our independence and cherish the freedoms we enjoy. Enjoy the fireworks, food, and time with loved ones. Wishing you all a safe and memorable Independence Day!

SDK CPAs is proud to be a 2023 Top Workplace! At SDK it is all about our people, and this honor is a testament to our amazing team who consistently go above and beyond to make our workplace a positive and supportive environment. Our mission remains: To help our clients and people maximize their business and personal potential. Read more about SDK and who we are here https://hubs.ly/Q01VFhWT0

     

This week, Governor Tim Walz signed legislation that directs the Minnesota Department of Revenue to distribute direct tax rebate payments. Click the link below to see if you qualify and what to expect from this legislation. https://sdkcpa.com/tax-rebate-payments-2023/

SDK is hiring! The team at SDK is looking for a Tax Manager with Trust and Estate experience. View the complete listing below and reach out to us with any referrals!

Check out this job at SDK CPAs:
https://www.linkedin.com/jobs/view/3590169888