Show Menu

Help  |  Pay an Invoice  |  My Account  |  CPE Log  |  Log in

MNCPA Perspectives: Taxation-Business

Gov. Walz signs tax bill — PTET extension included
May 28, 2026  |  By Geno Fragnito
The good news is that after months of emails, calls and conversations from MNCPA members, a pass-through entity tax election extension was included in the bill ... Read more
What did, didn’t happen as the Minnesota Legislature finished its work
May 21, 2026  |  By Corey Butler
Geno Fragnito, MNCPA government relations director, walked attendees through what passed, what did not and what CPAs should keep watching as they advise clients, respond to questions and prepare for the next session ... Read more
Minnesota’s 2026 tax bill: What was included, what was left out
May 18, 2026  |  By Geno Fragnito
Despite the late timing, the measure saw strong support, passing the House 126-8 and the Senate 52-15, and is expected to be signed into law by Gov. Tim Walz ... Read more
PTET, other legislative updates at the Minnesota Legislature
April 10, 2026  |  By Geno Fragnito
While the strongly supported pass-through entity tax election extension was not advanced yet through the Minnesota House and Senate, hope remains that it will be approved this session ... Read more
Advocate for PTET election extension
February 17, 2026  |  By Linda Wedul, CAE
Minnesota’s pass-through entity tax SALT election expired on Dec. 31, 2025. This change creates a disadvantage for partnerships and S Corporations compared to C Corporations ... Read more
Prepare for 2026 at the October MNCPA Insight Hour
October 14, 2025  |  By Corey Butler
Join MNCPA’s free Insight Hour on Oct. 24 to prepare for 2026’s tax and technology challenges. Gain insights from experts on Minnesota tax changes, data breach prevention, HR and regulation updates and more... Read more
Federal tax trends: What business professionals need to know
June 24, 2025  |  By Corey Butler
Read highlights from the latest proposals from the House and Senate versions of the “One Big Beautiful Bill Act,” as well as other key tax and process updates in the fold. Read more
Urgent: PTE SALT deduction in jeopardy
May 21, 2025  |  By Geno Fragnito
This week, the House Ways & Means Committee released tax legislation that increases taxes by removing the SALT deduction on partners/owners of many service-based businesses ... Read more
The power of authoritative tax guidance: Why Senate File 783 is a game changer for Minnesota
February 10, 2025  |  By Geno Fragnito
Minnesota is on the brink of a major tax reform with Senate File 783—legislation that could provide taxpayers with much-needed clarity and confidence ... Read more
BOI reporting lagging ahead of deadline
October 11, 2024  |  By Corey Butler
The clock is ticking for certain businesses to file new reporting data with the Financial Crimes Enforcement Network (FinCEN). Noncompliance can cause... Read more
Have Minnesota residency questions? We have (some of) the answers!
June 26, 2024  |  By Corey Butler
Q&As from our recent webinar: Minnesota Residency Update for Individuals, Estates and Trusts, presented by attorneys Masha Yevzelman and Cameron Seybolt... Read more
Common — and outrageous! — attempted tax deductions
March 13, 2024  |  By Julia Shiota
Here are some themes behind commonly attempted deductibles shared in the annual MNCPA Tax Survey of members; some of these might look familiar to you, too! Read more
Understanding the new 1099-K rules in 2023
September 5, 2023  |  By Corey Butler
With changes from the American Rescue Plan Act of 2021, the threshold for a Form 1009-K has been cut drastically both in terms of the number of transactions and the amount of revenue earned... Read more
MNCPA submits amicus brief to the Minnesota Supreme Court
March 31, 2023  |  By Geno Fragnito
Recently, the MNCPA submitted a brief as amicus curiae to urge the Court to determine that Minnesota Tax Court decisions serve as binding precedent upon the Revenue commissioner... Read more
The questions (and questions) about Minnesota federal tax conformity
February 21, 2023  |  By Corey Butler
Following the surprising, but well-received passing of an early federal tax conformity bill last month there were, naturally, lots of questions about what this meant for tax preparers, businesses and individuals... Read more
Feedback sought for revised Statements on Standards for Tax Services
October 27, 2022  |  By Linda Wedul, CAE
Comments must be submitted by Dec. 31, 2022... Read more
Elections matter: Your participation is important
September 9, 2022  |  By Geno Fragnito
This year’s election has an election dynamic that happens only once every 20 years. After redistricting this year, there are elections in all 201 legislative districts... Read more
Auditors: You’re in luck
August 30, 2022  |  By Kinzie Jensen
A $4 billion industry! Minnesota generates more charitable gambling income than any other state, according to a recent Gambling Control Board (GCB) Gaming News issue... Read more
A field of opportunity: New conference takes root
July 28, 2022  |  By Lynn Kletscher
If you cruise any Minnesota road long enough, I bet you pass at least one cornfield, turkey barn or herd of grazing cows. Why am I writing about farms? Because farms are businesses and businesses need CPAs... Read more
Unresolved issues at the Capitol and still no deal on a special session
June 6, 2022  |  By Geno Fragnito
The 2022 legislative session ended on time, but it did not end as most people had hoped it would end... Read more
MNCPA calls on Congress to address IRS service levels
January 31, 2022  |  By Geno Fragnito
As a CPA, you have, no doubt, seen a significant reduction in IRS service levels. It’s nearly impossible to connect with a representative to ask questions... Read more
Don't let a single audit take you by surprise
December 3, 2021  |  By Corey Butler
When various federal funds funneled to this nonprofit as a result of COVID-related legislation, the organization, for the first time, hit the $750,000 threshold to trigger a single audit... Read more