MNCPA Legislative Issues

Our current issues

Partnership Audits (Last updated 7/26/2019)
The new changes allow the IRS to audit, assess and collect partnership taxes at the entity level.

Occupational licensing (Last updated 7/26/2019)
As proposed, the occupational licensing regulations could affect CPA licensure and mobility. Making it difficult -- if not impossible -- for Minnesota CPAs to work in other states without first obtaining a license in each state.

Board of Accountancy regulatory changes (Last updated 7/26/2019)
The new status would allow a retired CPA to continue using the credential on business cards, letterhead or other communications provided all the criteria are met.

Federal conformity (Last updated 7/26/2019)
In previous years we have achieved some significant and incremental conformity to AMT and the estate tax.

Tax on Professional Services (Last updated 7/26/2019)
Sales tax on accounting services proposals introduced in 2017 would extend sales tax to all professional services, including a new tax on business and consumer accounting services.

Taxpayer Bill of Rights (Last updated 7/26/2019)
Changes and updates to the current taxpayer bill of rights will provide some additional protections and certainty for those trying to comply with the law.

Tort reform (Last updated 7/26/2019)
Tort reform and accountant liability statutes impact the way the CPA profession operates. It can impact your ability to work with clients or recruit perspective clients.


Get more legislative updates

MNCPA Legislative Digest 
The MNCPA Legislative Digest provides relevant and valuable news on what's going on during the legislative session and how it affects CPAs, their businesses and their clients.
Subscribe

Footnote Advocacy columns
Stay current on legislative news and events with stories, tips and grassroots involvement.

MNCPA Perspectives blog
Catch up on Geno Fragnito's latest blog posts to read the latest legislative happenings.

AICPA legislative issues
Find out how issues that affect CPAs are being handled on the federal level.