MBE Blog

Industry insights and education to keep you up to speed and ahead of the competition.

MBE CPAs / Blog
SBA Disaster Loans

SBA Disaster Loans

The U. S. Small Business Administration (SBA) has approved Wisconsin business affected by COVID-19 to access low-interest, long-term disaster loans. This loan offer is an affordable way for individuals and business to recover from declared disasters such as the...

Press Release From the Office of Governor Evers

Press Release From the Office of Governor Evers

Below is a press release from the office of Wisconsin Governor, Tony Evers. FOR IMMEDIATE RELEASE: March 20, 2020 Contact: GovPress@wisconsin.gov or 608-219-7443 Gov. Evers Announces Federal Approval of Disaster Loans for Small Businesses MADISON — Gov. Tony Evers...

New Employee Joins MBE CPAs

Baraboo, WI – February 3, 2020 – Harlan Rose, a resident of Marshfield, has joined MBE CPAs. Harlan has over 36 years of public practice and holds the Enrolled Agent (EA) credential since 1986 as well as Accredited Business Accountant (ABA) credential since 2002. He...

Chris Iverson named Partner at MBE CPAs

Chris Iverson named Partner at MBE CPAs

MBE CPAs announced on January 1, 2020 that Chris Iverson, a resident of Reedsburg, has been named partner at MBE CPAs.  A graduate of Lake Superior State University, Chris has been an associate with the firm for the past 12 years, and leads our attestation department,...

Rob Bohnert of MBE CPAs Earns CVA Credential

Rob Bohnert of MBE CPAs Earns CVA Credential

MBE CPAs announced on Decmeber 20, 2019 that Robert Bohnert has completed the certification process with the National Associaiton of Certified Valuators and Analysts (NACVA) to earn the Certified Valuation Analyst (CVA) designation. The CVA designation is an...

Year-End Tax Planning

Year-End Tax Planning

Since 2017, MBE CPAs has been a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States.  RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax...

Final Overtime Rule Update

Final Overtime Rule Update

Department of Labor announced the final overtime rules that go into effect on January 1st, 2020. Learn more from our subsidiary Workforce Solutions.

Kali Burmester of MBE CPAs Earns CPA Credential

Kali Burmester of MBE CPAs Earns CPA Credential

MBE CPAs announced today that Kali Burmester has passed the Uniform CPA Exam, becoming a Certified Public Accountant in Wisconsin. The American Institute of Certified Public Accountants (AICPA) administers the CPA examination to ensure only qualified individuals...

Are You Leaving Money on the Table?

Are You Leaving Money on the Table?

The Tax Cut and Jobs Act of 2017 (TCJA) eliminated many business deductions, but it didn’t touch the research and development (R&D) tax credit, which was made permanent with the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act).

Although many businesses meet the qualifying criteria, small and midsize businesses often don’t realize they can take advantage of this potentially lucrative dollar-for-dollar credit. Most businesses that design, develop or improve products, processes, techniques, formulas, inventions or software, however, can claim the credit. With some exceptions, like advertising and quality control expenses, R&D expenses are deductible to qualifying businesses.

Predicting future performance

Predicting future performance

CPAs typically report historical financial performance. But sometimes they’re hired to predict how a company will perform in the future.

Close-up on professional standards for CPAs

Close-up on professional standards for CPAs

By having a little familiarity with the guidance that accountants and auditors follow, business owners and managers are better able to take advantage of the services offered by CPAs.

Can You Still Deduct Meal Expenses?

Can You Still Deduct Meal Expenses?

The Tax Cuts and Jobs Act eliminated the deduction for any expenses related to activities that used to be considered entertainment, amusement or recreation.