Plus, getting staff energized and engaged for 2019
MNCPA
MINNESOTA SOCIETY of
CERTIFIED PUBLIC ACCOUNTANTS
Public Practice eNews
JANUARY 2019
TAXATION: BUSINESS
IRS issues guidance for businesses that elect out of interest expense limitations
Forbes
While the Tax Cuts and Jobs Acts offered numerous breaks for businesses, it's not all happy dancing for business owners.
Safe harbors for business deduction of payments made in exchange for SALT credits
Wolters Kluwer
Find out more about the safe harbors for businesses and how you can help advise your small-business clients to maximize their potential SALT credits.
Opportunity Zones can provide big tax benefits
Mike Crabtree, CPA, JD
Investors looking to revitalize economically challenged areas can earn big benefits in two ways -- helping both the investor and the community.
ECONOMY
Legal marijuana industry toasts a banner year
AP News
With a recent Forbes article predicting Minnesota likely to legalize marijuana in 2019, it might be time to grow your knowledge about the financial implications of this budding industry and potentially roll out a new niche service.
HUMAN RESOURCES
IRS extends most 2018 withholding interim rules to cover 2019
Current Federal Tax Developments
See which withholding rules the IRS decided to continue and for how long.
PERSONAL DEVELOPMENT
Saving our language in the new year
CorporateIntel
So honestly, there are more than a couple phrases we should all make a resolution to stop using in 2019 -- literally.
RECRUITMENT AND RETENTION
Getting staff energized and engaged for 2019
Carl Peterson, CPA, AICPA
What are your fun strategies to keep staff from burning out during tax season? Here are a few ideas to keep them excited.
SALT
Department of Revenue new sales tax calculator
Minnesota Department of Revenue
Bookmark the DOR's new interactive sales tax calculator to easily find the sales tax rates across the state.
TECHNOLOGY
Cyber liability: Managing evolving exposures
Journal of Accountancy
While the protection of client data has always been imperative for CPA firms, regulatory and legal changes were recently madethat could impact your policies. Learn more about these changes and what cybersecurity best practices your firm should adopt.
SPONSORED CONTENT:
Podcast: Learn more about comprehensive accounting software Drake Software
Drake Software
Thinking about switching your software? See the case for using Drake Software's comprehensive accounting program on the newest episode of the Taxing Subjects Podcast.
CPA Referral Service
We're shining the spotlight on you!
Our ninth annual Tax Campaign is ready, and firms in the MNCPA CPA Referral Service will be promoted to thousands of potential clients throughout tax season. Is your firm listed?
Visit the CPA Referral Service
Have a listen in on the latest tax developments
Listen to tax podcasts on the go
You heard Ed Zollars speak at TAX18, now take him anywhere with tax podcasts. These 20-minute tax podcasts are updated weekly and cover topics like significant IRS rulings, outcomes of federal court cases and tax law.
Sign up now
Snow is coming, take your CPE inside with webinars
Skip the commute with webinars
Earn CPE without any travel or hassle with webinars. From quick, 1-credit programs to full-day sessions in a variety of topics, you'll find something that works with your schedule.
Search for a webinar
Did You Know?
321 hours
Time the average American spends driving during the year.
Source: Star Tribune
Career Opportunities
Volunteer CPA for family ministry
All About Family seeks CPA to help with bookkeeping and maintaining a small local nonprofit organization.
Contract opportunity: Request for proposal
City of Afton seeking proposals to provide contracted accounting services
Do you have an open position? A firm for sale? A volunteer opportunity?
Submit a classified ad to the MNCPA.
Upcoming event
CPA Day at the Capitol
Feb. 5 | 8 a.m. noon | 3 CPE, technical | Free, members only

Imagine experiencing a 20-percent turnover rate at your firm. This disruption would require serious expertise to get back on track. Well, that's what is happening right now in St. Paul as 40 new lawmakers settle in for their first legislative session. Be the voice of reason as hot topics like conformity and taxing professional services are up for debate.

Shape the debate. Attend CPA Day at the Capitol.
CPA Day at the Capitol
CPE for Public Practitioners
JAN
18
Pass-Through Entities: Advanced Tax Issues
8:30 a.m. - 4:30 p.m. | Bloomington | 8 CPE
JAN
22
Tax Reform: Overview of Section 199A (Webinar)
Noon - 2 p.m. | Online | 2 CPE
MAR
22
Forensic Investigations: Key Tools for Success
1 - 4:30 p.m. | Bloomington | 4 CPE
Search the catalog
Minnesota Society of Certified Public Accountants
1650 W. 82nd St., Suite 600, Bloomington, MN 55431
(p) 952-831-2707       (f) 952-831-7875
Privacy policy  |  Advertise  |  Unsubscribe from Public Practice eNews
You're receiving this email because you are subscribed to Public Practice eNews. Contact Alicia Pack, membership marketing coordinator, with feedback and story ideas at apack@mncpa.org.