Karli Olsen

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Karli Olsen, CPA is a proactive leader in tax and accounting advisory to create efficiencies, profitability, and optimized tax structure for businesses.

Recent Insights

Manufacturers Often Miss Out on these Tax Credits

Finding Money: Manufacturers Often Miss Out on these Tax Credits

By Travis Free | March 16, 2021
Reading Time: 4 minutesIn the manufacturing industry, there are so many tax credits that are available to businesses: Research and Development Credit, Jobs Tax Credit, Work Opportunity Tax Credit, Fuel Tax Credit, and numerous state tax credits for investing in equipment and employee training, to name a few.  However, many manufacturers are not …

Read moreFinding Money: Manufacturers Often Miss Out on these Tax Credits

Navigating Disaster Loan Eligibility

Congress Passes American Rescue Plan: Summary of Key Impacts

By K·Coe Editorial | March 10, 2021
Reading Time: 3 minutesThe American Rescue Plan Act of 2021 (H.R. 1319) is nearing the finish line. Earlier today, the U.S. House of Representatives passed the $1.9 trillion dollar package following Senate passage last week. President Biden is expected to sign this legislation into law on Friday. The Act is designed to address …

Read moreCongress Passes American Rescue Plan: Summary of Key Impacts

qla program

USDA Extends Application Deadline for the Quality Loss Adjustment Program

By Matthew Farrell | March 5, 2021
Reading Time: 2 minutesThe USDA’s Farm Service Agency (FSA) has released the following news bulletin: WASHINGTON, March 5, 2021 – The U.S. Department of Agriculture (USDA) is extending the deadline from March 5 to April 9 for agricultural producers to apply for the Quality Loss Adjustment (QLA) Program because of recent winter storms and …

Read moreUSDA Extends Application Deadline for the Quality Loss Adjustment Program

Fraudulent Unemployment Claims

What to Do with Fraudulent Unemployment Claims and Receipt of a 1099-G

By Kerry Hatzenbuehler | February 25, 2021
Reading Time: 2 minutesScammers are taking advantage of the COVID-19 pandemic and states across the country are seeing an increase in reports of Fraudulent Unemployment Claims due to identity theft. It’s important to know what to do – as family members, employees, and customers may be looking for help after receiving notice that …

Read moreWhat to Do with Fraudulent Unemployment Claims and Receipt of a 1099-G

TEFRA

TEFRA Revisited: Be Careful to Consider Tax Implications

By Sandy Sporleder | February 25, 2021
Reading Time: < 1 minuteAs we’re preparing tax returns, we’ve noticed a lot more activity in non-bank-qualified bonds.  As you’re pricing these bonds, you’ll want to take into consideration the tax implications.  The projected yield may not be what you think it is. Over the years, there has been lots of discussion regarding the …

Read moreTEFRA Revisited: Be Careful to Consider Tax Implications

Uptick in Community Bank Fraud Requires High Alert Right Now

Uptick in Community Bank Fraud Requires High Alert Right Now

By Heather Campbell | February 25, 2021
Reading Time: 2 minutesStatistics indicate that fraud has accelerated for community banks recently, and the uncertainty surrounding the impacts of the pandemic and election results seem to be the cause.  People are feeling anxious and many are desperate to make ends meet. Banks should be on high alert for both internal fraud with …

Read moreUptick in Community Bank Fraud Requires High Alert Right Now

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