MNCPA Footnote: Taxation-Individual
An overview of charitable contributions -
June/July 2022
For tax advisers, it is important to be aware of the requirements and nuances that accompany donations.
Signs of progress on our journey to normal -
June/July 2022
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Stepping up, standing out with Prepare + Prosper -
August/September 2022
After another successful tax season in 2022, let's look back at some of the volunteer contributions MNCPA members have made.
Getting back to business (tax) -
June/July 2021
With extended tax filing deadlines and more of a year-round tax season, it's difficult to stay on top of all the changes.
CPAs are the peanut butter to taxpayers’ jelly -
May 2020
We tried to capture the spirit of perfect pairings in the 10th annual Tax Campaign, which promotes the importance of CPAs and the profession to the public.
Keep your pipeline alive now so you can thrive later -
June/July 2020
With much of the world in disarray and businesses feeling like they are in limbo because of COVID-19, it may seem like the wrong time to focus attention on business development at your firm. It's not.
Highlights of the CARES Act -
May 2020
The CARES Act contains many tax provisions that impact your practice and life immediately as our nation and world combat the COVID-19 pandemic.
2020: A tax year to remember — or not -
November 2020
As tax preparers often do in sudden and drastic changing times, we persevered and adapted to serve our clients.
Reading the tea leaves on tax reform -
August 2021
Though many proposals in the "Green Book" aren't expected to pass, it's important to understand what's in there.
How to leverage Microsoft’s Power BI -
August 2021
For accountants, this means you now have the power at your fingertips to perform advanced data analytics.
What did, didn’t happen at the Capitol -
August 2021
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Estate tax planning for uncertain times -
December 2022/January 2023
One matter is clear during these uncertain times: It’s the golden age of gifting. Advise clients to take advantage of these estate tax planning strategies before it’s too late.
Crack the code: MNCPA Tax Conference -
December 2022/January 2023
Highlights from the 2022 MNCPA Tax Conference.
Minnesota resident trust law update -
September 2021
The Fielding result may influence a broader and more fact- and circumstances-based test in determining whether a trust is subject to Minnesota tax.
A complex intersection of state and federal tax laws -
September 2021
The Minnesota Department of Revenue provides and update on its implementation and process of tax law changes.
Holding S Corporation stock in a trust -
February/March 2023
There are strict rules for holding S Corporation stock in a trust to avoid violating the eligible shareholder rules.
IRS rulemaking continues to be called into question -
February/March 2023
So long as the IRS and/or Treasury Department enforce rules that have not met the rulemaking requirements of the APA, taxpayers will continue to have the opportunity to seek relief in the courts.
Ms. Lindsey goes to St. Paul -
April/May 2023
Carolee Lindsey, an MNCPA member who's been a longtime advocate at the Capitol, shares her experience of seeing the early federal tax conformity bill signed by Gov. Tim Walz.
New Revenue commissioner answers MNCPA questions -
April/May 2023
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Tax issues you might have missed during year-end close -
June/July 2023
The IRS officially kicked off the tax filing season Jan. 23, 2023, and issues continued to arise in the tax world. Here are some of the key issues you might have missed.
Broader dialogue boosts existing — and new — relationships -
June/July 2023
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
A great time to be green -
August/September 2023
Go green with 10 new federal tax incentives under the Inflation Reduction Act.
Year-end tax planning in flux -
December 2021/January 2022
Last-minute tax legislation is making planning especially difficult this year. Here’s a look at seven tried-and-true tax planning approaches and how they may change.
Building a tax system for all Minnesotans -
December 2021/January 2022
Minnesota Department of Revenue Commissioner Robert Doty writes about creating a tax system for all.
The hidden gems of the new COVID-19 tax law -
February/March 2021
It seems that with all new tax law, it boils down to some basic chunks of data: The headliner provisions (we’ve all heard and read about), the extenders, the esoteric provisions and everything else.
MNCPA 2021 legislative agenda set -
February/March 2021
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Nuts and bolts of cryptocurrency taxation -
November 2021
The inclusion of the virtual currency question on the front and center of Form 1040 have made cryptocurrency a subject that tax practitioners cannot afford to ignore anymore.
Bye, bye, bye: Appropriations law repeals several taxes, including parking tax for nonprofits -
February/March 2020
Another year, another set of 11th-hour changes. In late December, Congress passed a new appropriations bill, later signed into law by President Donald Trump. And, boy, were there some doozies in it.
Are you ready for this new crypto question on Schedule 1? -
February/March 2020
If you or any of your clients had any cryptocurrency transactions during 2019, a crypto tax software is an essential tool to calculate your cryptocurrency gains and losses.
The taxation of trusts in Minnesota -
April 2020
The implications of recent court cases could be significant for Minnesota taxes.
View from Revenue: Season of change -
April 2020
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Facing COVID-19 challenges together -
June/July 2020
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
2020 — the legislative session no one expected -
August 2020
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Tax reform and the role of tech, two years in -
September 2020
Following the TCJA, tax technology is evolving to help companies meet new requirements in such areas as data management and analytics, calculations and reporting.
Hands-on collaboration still key in a virtual year -
September 2020
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Accounting and auditing in the age of digital assets -
October 2020
The digital asset ecosystem is changing and expanding rapidly. So, how is the accounting profession responding to the changes being brought by digital assets?
Challenge, change and partnership -
December 2020/January 2021
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Doty: I choose to use it as a positive -
April 2021
Robert Doty, Minnesota Department of Revenue commissioner, answers questions about his new role.
Members share most outrageous tax deduction requests -
April/May 2022
We recently asked MNCPA members to share the most outrageous tax deductions clients have come calling with. Unsurprisingly, the answers did not disappoint.
Things to watch for this filing season -
April/May 2022
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
Beginning the hard work of implementation -
October/November 2023
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.
