Categoria: Bookkeeping

For taxpayers with more than $100,000 in AGI, the dependent exemption is $300 per dependent. The law also established tax triggers that, contingent upon revenue meeting certain benchmarks, could phase down the individual income tax rate to zero over many years, starting with a likely further reduction from 4.5 to 4 percent in 2024. 1 to convert the individual income… Read more →

Our bookkeepers have a deep understanding of local Minneapolis and Minnesota state tax laws, ensuring that your business utilizes all possible deductions and remains in full compliance. With Bench, your business’s financial health is our top priority. Financial reporting for businesses involves the preparation and presentation of various financial statements. These statements, including income statements, balance sheets, and cash flow… Read more →