We are pleased to welcome Randy A. Heller to the role of Managing Partner at Widmer Roel, as of January 1 st , 2025. With over 25 years of public accounting experience, his promotion from Partner to Managing Partner reflects his dedication, expertise, and leadership within the firm. Randy has… Read More»
Smartphones and other technological advances enable banks to create products and services that dramatically change the way you bank. Here is a primer on three of the biggest banking trends and tips to protect your money: 1. The traditional bank branch is going away A recent report from consultants McKinsey… Read More»
As a small business owner, the words “trade war” and “tariff” can be unsettling. When cost uncertainty is on the horizon, you will want to be prepared as much as possible. Keep the following items in mind to navigate your business through a possible trade war. Tariffs Defined A tariff… Read More»
Mark your calendar to review these essential items each year to ensure you are not missing something that could cause trouble when you file your tax return: Required minimum distributions (RMDs) – If you are 70 1/2 or older, you may need to take RMDs from your retirement accounts, or… Read More»
Often lost in the excitement of large-scale tax changes is how they can negatively impact some individual situations. Check out the questions below to see if you might be in for a tax surprise this year. Will you pay more than $10,000 in state and local taxes? Previously, you could… Read More»
Please join us in congratulating Mike Misheski, CPA, on becoming a new member of the North Dakota University Accounting and Information Systems Department Advisory Board.
Long-term care (LTC) insurance usually isn’t the first topic to come up in conversation at the dinner table. Many people find it challenging to move this financial planning issue to the top of their to-do list because it lacks the immediacy of health insurance and the certainty of life insurance.… Read More»
While a business partner should balance your strengths, they should also be willing to communicate freely and often with you. That includes sitting down and hammering out important issues that will be documented in a partnership agreement. Creating your partnership agreement The need for a partnership agreement can be summed… Read More»
A good way to chart your progress toward a healthy financial future is to prepare a personal balance sheet every year. It will give you a scorecard to measure how you’re doing. How to chart the health of your finances A balance sheet shows your assets and your liabilities. Think… Read More»
With tuition costs rising each year, setting aside funds for college can be a daunting task. Here are a few options that may lessen the financial burden of college in a tax-savvy way: Section 529 plan Consider putting after-tax money into a Section 529 college savings account. Contributions aren’t deductible,… Read More»