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"We solicit their feedback on current business trends, GAAP and tax issues, etc." - Multi-Tech Systems, Mounds View |
Olsen Thielen & Co., Ltd. publishes a bi-monthly newsletter designed to present information on business and tax matters in general terms for our clients. The O&T Adviser is written by the staff of Olsen Thielen & Co., Ltd. Please check out our latest edition. |
Real Estate - Related NewsTax Impact for Short Sale Sellers (pdf)- Before you consider selling your property through a short sale, you should know that the IRS is involved. Short sales are viewed as a relief of debt and may be treated as income. Greg Nelson, CPA, MBT, Principal in charge of our real estate niche and Deb Beneke, CPA, MBA, Tax Manager, have a featured article in the MHA's May 2008 newsletter, Multi Housing Advocate that will give you more points to consider before you make an offer on a short sale.
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