WELCOME TO our website!

 

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The firm of Ruth Ann Michnay PA provides tax representation, preparation, small business consulting, and accounting/payroll services. Ruth Ann has served the Twin Cities for over 25 years, is a CPA, an Enrolled Agent, holds a Master of Business Tax from University of Minnesota – Carlson, and is an adjunct professor.

 

Whichever the need in individual or business, we’re here to help. All you need to do is give us a call. We are on your side of the tax equation.

 

In the meantime, please look around our site to learn more about what we can offer you. If you have any questions or concerns, please don’t hesitate to contact us at any time.

 

 

Tuesday Tax Tip

Experienced in:

Hobby Deductions:  Within certain limits, you can usually deduct ordinary and necessary hobby expenses.  An ordinary expense is one that is common and accepted for the activity.  Generally, you can only deduct your hobby expenses up to the amount of hobby income.  You must itemize deductions on your tax return in order to deduct hobby expenses.  See Publication 535 for more information.

(2014ARD 152-4)  (TTT 10/28/14)

Archived Tuesday Tax Tips – see
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