Blog

In mid-December 2015, Congress extended tax deductions and credits that had been scheduled to expire. Here are several you can benefit from as you prepare your 2015 personal and business federal income tax returns. Child credit. You can claim this $1,000 tax credit for each qualifying dependent child who was… Read More»

The Widmer Roel family is mourning the loss of a wonderful friend and partner. Stan Sandvik passed away on January 28, 2016 in Texas. Wright Funeral Home is in charge of the arrangements and you may visit their website for a full obituary https://shar.es/1hV3rg. Please keep the Sandvik family in… Read More»

The AICPA has identified Widmer Roel as one of the 500 largest firms in the United States. There are more than 45,000 firms within the AICPA’s membership. G400 is the AICPA’s initiative focused on helping firms gain greater insight into the opportunities, concerns and challenges of running a practice. The… Read More»

This two track conference, one track for first-time attendees and another track for returning attendees, introduced CPAs with four to 10 years of accounting experience to other future leaders and exposed them to valuable lessons which they brought back to their firms. First-time attendees were immersed in relationship building, leadership… Read More»

Negotiating working capital is one of the more challenging issues in closing a deal. Buyers and sellers often negotiate an acquisition on a cash-free, debt-free basis. In these cases cash, lines of credit and notes payable are all excluded. This can end up being more complicated than it initially seems.… Read More»

The IRS has finalized Regulations regarding the treatment of tangible property which are effective on January 1, 2014. For more information regarding these change sand how they will affect your business, please follow the link. Depreciation Changes Effective 2014  

All employers who offer health insurance or reimburse employees for health insurance are affected by the changes that are required by the Affordable Care Act. Please follow the link for more information. Affordable Care Act Changes for 2014

Congratulations to Harris Widmer for receiving the Senior of the Year Award presented by Bethany Retirement Living. Harris received his award at a social and dinner held at the Hilton Garden Inn on September 25, 2014. Harris has had countless leadership positions with the North Dakota Society of Certified Public… Read More»

Tracee Buethner, CPA, was elected to serve as President-elect of the North Dakota CPA Society. Tracee is a Partner with Widmer Roel. The North Dakota CPA Society is a professional organization of approximately 1800 members. The Society assists its members in providing the highest quality of services to the public… Read More»

The Affordable Care Act (ACA) will begin to impact individuals now. Beginning in 2014, the ACA requires individuals to maintain minimum essential health insurance coverage with some exceptions. Minimum essential health insurance coverage includes: Eligible employer-sponsored coverage; Individual coverage; Medicare and Medicaid; State Children’s Health Insurance Program (CHIP); TRICARE; Department… Read More»