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Footnote Magazine

Footnote cover

April 2019

Rachel Polson, the new board chair, shares her history and what lies ahead for her, the society and the profession.

Plus, the April Footnote covers:
  • Companies supporting CPAs.
  • Tax reform compliance challenges.
  • How your organization should respond in the face of a data breach.

Updates from our members, including promotions, new hires, speaking engagements and firm news.

The case of Wright Winger’s dilemma
Charles Selcer, CPA, MBA
MNCPA member Chuck Selcer shares his knowledge about ethics requirements and laws with unique humorous fictitious stories.

Going full throttle
Rachel D. Polson, CPA
Get insight and news from MNCPA leadership about the organization and professional issues.

Rachel Polson
New board chair charts her own path

Business Perspective: ADP
Not an expert in technology or systems integration? You may need to become one if you want to deepen your client relationships, according to new research.

Companies supporting CPAs
Corey Butler, MNCPA communications coordinator
It’s a simple story, and one that you’ve heard countless times. Heck, it’s one you can relate to.

Compliance challenges abound as taxpayers cope with new law
Dave Petrocchi, CPA, J.D.
The Tax Cuts and Jobs Act (TCJA) takes full effect this year, and there is still a lot more work to do.

Creating change with orange folders
Chris Wittich, CPA, MBT
If there’s one universal truth in this world, it’s this: Creating change in an organization can be difficult.

A data breach: What (you have) to do when the worst happens
Chris Haugen, Esq.
Did you know private businesses accounted for 50 percent of all data breaches in 2018?

Improvements made, but a few issues still linger
Karlie Johnson, CPA (co-chair)
From an audit perspective, these types of engagements are no longer considered “busy work.”

View from Revenue: Working together
Cynthia Bauerly, Minnesota Department of Revenue commissioner
On behalf of the Minnesota Department of Revenue, I’m pleased to begin quarterly contributions to Footnote to build on our ongoing partnership with the MNCPA and its members.

Don’t fear the CPE audit
Anne Janotta Erickson, MNCPA senior business & industry marketing coordinator
By digging deeper and understanding the purpose, timing, logistics and common errors surrounding the CPE audit, you’ll quickly realize that you have nothing to fear.

No question is too outrageous this tax season
Carolyn LaViolette, MNCPA communications manager
For many people, taxes are a complicated and confusing matter. And, with that confusion, comes some outrageous tax questions.