Q&A Over Coffee

In Episode 47 of the Olson Thielen Q&A Over Coffee podcast, host Tom Pesch sits down with Tax Principal Matt Klein and Tax Director Zach Deo to break down the most important provisions in Minnesota's 2026 Tax Bill, signed into law on May 27th. The conversation covers the last-minute extension of the Minnesota Pass-Through Entity (PTE) Tax through 2027, including Q1 estimated payment relief for bus...

Q&A Over Coffee kicks off 2026! Host Tom Pesch is joined by our tax professionals, Principal Charlie Sparks and Director Zach Deo, to break down the impact of the “One Big Beautiful Act” tax legislation following its first full filing season. The discussion explores how the tax bill affected taxpayers differently depending on income levels, deductions, and business structures, with a strong emphas...

To close out this season of Q&A Over Coffee, host Adam Hennen is joined by Audit Principal Brett Olson and Valuation Principal Tony Oman for a practical discussion on Transaction Advisory Services (TAS) and Quality of Earnings (QoE). Together, they walk through the M&A process from both the buyer’s and seller’s perspectives, explaining how valuation, financial diligence, adjusted EBITDA, and worki...

In this episode, host Matt Klein sits down with Olsen Thielen Principals Charlie Sparks and Tom Pesch to discuss year-end tax planning strategies as 2025 winds down. The conversation covers key updates from the recently passed One Big Beautiful Bill Act, including extensions and expansions related to the Tax Cuts and Jobs Act. We cover timely topics such as charitable giving strategies, including...

In this episode, recorded on Friday, October 17th, Principals Adam Hennen and Daniel Owens discuss the ongoing government shutdown—now entering its third week—and the broad ripple effects it’s having on businesses, consumers, and the economy. They explore how shutdowns happen, their historical context, and the immediate impacts on key federal agencies like the IRS, SEC, and Department of Labor. Th...

In this episode of Q&A Over Coffee, host Tom Pesch sits down with Tony Oman, Principal of Business Valuation & Transaction Advisory Services, to unpack a complex but important issue: how life insurance impacts business valuations after the recent Connelly Supreme Court case. Tom and Tony walk through how buy-sell agreements funded by life insurance traditionally worked to create liquidity and pres...

#41: Busting Tax Myths with Lance Nieland and Tom Pesch by Olsen Thielen CPAs & Advisors

In this episode of Q&A Over Coffee, host Adam Hennen sits down with Audit Principal Daniel Owens and Audit Director Michael Feriancek to explore how businesses can strengthen internal controls while working within tight budgets. The discussion covers why internal controls are essential for financial accuracy, fraud prevention, and accountability, and why businesses and organizations in particular...

In this episode, host Tom Pesch is joined by Adam Thielen, Principal in Olsen Thielen’s estate and trust group, and Andrew Knewtson, Tax Senior and Enrolled Agent, for a deep dive into what really happens when someone passes away. They unpack the first steps families should take, key documents to gather, timelines for estate administration, and important tax deadlines. The team also discusses fede...

In this episode, Olsen Thielen's Not For Profit practice leaders and Audit Principals Dan Owens and Pat Powers share proven strategies for managing nonprofit organizations during times of economic uncertainty. They discuss the biggest challenges facing nonprofits today, how recent changes in federal and state funding are impacting organizations, and practical budgeting recommendations for maintain...

With the recent passing of the "One Big Beautiful Bill" on July 4th, our team revisits the bill, the latest updates, common misconceptions we’ve been hearing, and the major takeaways for listeners. Join us as once again our host, Tom Pesch and Tax Principals Matt Klein and Charlie Sparks, break down these tax components of the bill and discuss how these changes are going to affect businesses and i...

This episode was recorded on Monday, June 16th, 2025. The “One Big Beautiful Bill” and related topics covered in this episode include discussions about legislative policies that are still in process. Our host, Tom Pesch, is joined by Tax Principals Matt Klein and Charlie Sparks to break down the tax components of the bill and discuss how these changes would affect businesses and individual taxpaye...

Our new series, Flights, will present complex topics in a concise, easy-to-digest format through a series of short episodes, providing clear and actionable insights. Our first topic is Fraud, which will be covered by our Certified Fraud Examiners Andrea Addo and Adam Hennen. In part four of our Flights: Fraud series, Adam and Andrea cover inventory and asset fraud. They cover several signs of inve...

Our new series, Flights, will present complex topics in a concise, easy-to-digest format through a series of short episodes, providing clear and actionable insights. Our first topic is Fraud, which will be covered by our Certified Fraud Examiners Andrea Addo and Adam Hennen. In part three of our Flights: Fraud series, Adam and Andrea cover fraudulent disbursements and billing schemes. They provide...

In part two of our Flights: Fraud series, Adam and Andrea cover cash theft. They share several stories that showcase many angles of cash theft and how it can be caught and broken down. "Skimming" is cash theft on a transaction before it reaches the company. "Larsony" is when a sale is recorded but the cash get stolen afterward. If you haven't yet, check out part one on our Q&A Over Coffee page: Fr...

Our new series, Flights, will present complex topics in a concise, easy-to-digest format through a series of short episodes, providing clear and actionable insights. Our first topic is Fraud, which will be covered by our Certified Fraud Examiners Andrea Addo and Adam Hennen. For this first flight, we will go over the basics of Fraud. Who can commit fraud, what it looks like in smaller organization...

This episode was recorded on Wednesday, January 15, 2025. The topics covered in this episode include discussions about economic and legislative policies that are continuously being updated. The information in this podcast is for informational purposes only. It is not intended to be professional legal, financial, or accounting advice. As always, we recommend seeking professional guidance for additi...

Do you live in a different state from where you work? Do you have residency in multiple states? How do you know which state to file income taxes in? In this episode, we bring on tax directors Nikki Bocock and Zach Deo to answer these questions and share more information regarding state tax residency. You'll learn about the 180-day rule, what you decide to have as the address on your driver's licen...

In our latest episode, our Tax Director, Charlie Sparks, shares his top tax planning strategies for the upcoming year. With just two months remaining in the current year, Charlie recommends that it's the perfect moment to kickstart your tax planning, especially if you're a business owner. From important tax law adjustments to potential tax credits, deductions, and various opportunities for individ...

For accountants, the fall marks the beginning of planning season. During this time, we proactively reach out to business owners to remind them that tax season is approaching, emphasizing the importance of organizing their financials in preparation for the year-end audit. In this discussion, Audit Manager John Krzyska and Senior Accountant Shaun Stachowski share key insights on the most effective s...

In this episode of Q&A Over Coffee, we are joined by our highly experienced HR Director, Vanessa Foy. With a diverse background spanning multiple professional service industries—from CPA firms to marketing agencies—Vanessa offers valuable insights into the retention challenges many firms face today. She shares actionable strategies for addressing these issues, particularly in a hybrid work environ...

With the upcoming sunset of the Tax Cuts and Jobs Act, a piece of legilation that was signed into law in 2017, many tax payers are curious as to what they could expect for next year. To help clarify the situation, our Tax Principals, Scott Hoyles and Joe Mayer, will provide background information and offer guidance on how to prepare as we head into a new election cycle. While there are many uncert...

In the latest episode of Q&A Over Coffee, our host, Adam Hennen, is joined by Magen Koepp, Principal of Audit and ERISA. They discuss a pressing issue: 70% of current CPAs are expected to retire in the next decade. What should we do to prepare? Magen and Adam guide us through the process, from managing transition periods to transferring administrative responsibilities. Organizations with in-house...

In the latest episode of Q&A Over Coffee, we set up our guest, Dustin Hostetler, remotely from Florida where he runs his consulting service Transformity Solutions. On our call, Dustin gives us the ins and outs of how he and his business help CPAs, Manufacturers, and other industries analyze and improve processes. Dustin explains how important it is for businesses to continue improving and keep up...

Join us for an insightful episode featuring our CIO, Lisa Dunnigan, as we welcome software consulting expert Dick Krocak, who brings over 30 years of experience in computer science, mathematics, and information technology. Dick will discuss the critical role of software integration across various industries, including financial services, accounting, manufacturing, and logistics. He will highlight...