MNCPA Footnote: Taxation-Business
A look at 3 timely transfer pricing topics -
June/July 2022
Investment and focus on transfer pricing now will help companies avoid potential high costs and disruption from controversy with tax authorities later.
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.
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.
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.
Outsourcing tax services — a valuable option in the age of disruption -
May 2020
As you decipher the disruptions of tax reform, consider outsourcing your tax function to trusted tax advisers who can add value and help you navigate the powerful storm generated by new tax law.
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.
Why would I need a single audit now? -
September 2021
New federal dollars allocated to many nonprofits might bring additional oversight not previously expected.
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 issues 179D and 45L technical update -
February/March 2023
Inflation Reduction Act offers tax savings opportunities for real estate clients.
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.
Opening the nexus chamber of secrets -
June/July 2023
This article analyzes how Wayfair impacted state income tax and sales tax nexus and concludes with a decision roadmap that tax advisers and taxpayers can apply when approaching state tax nexus issues.
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.
Minnesota’s pass-through entity tax credit -
November 2021
It’s time to determine whether eligible partnerships and S Corporations will elect to pay the state’s PTE tax for 2021.
ASC 842, GASB 87 implementation are here -
November 2021
With the many new processes, controls and accounts needed to ensure proper oversight of lease accounting, entities should wait no longer to begin the adoption process.
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.
Preparation is key: Substantial procedure change can burden those looking to claim R&D tax credit -
February/March 2022
The IRS’s new requirements for taxpayers seeking Research and Development Tax Credit refunds have left tax professionals with some unanswered questions.
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.
Transfer pricing: The cross-border battle for profits continues to heat up -
February/March 2020
The global transfer pricing environment continues to heat up as countries persist in their quest to capture their “fair share” of taxable profits.
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.
How to handle an untrue, incorrect or incomplete business tax return -
August 2020
What should a corporate officer, partner or LLC member designated to sign the business tax return do if there are concerns that the return is wrong?
Refund opportunities in the CARES Act -
August 2020
As part of the CARES Act, refund opportunities may be available to you.
Chapter 11 bankruptcy became easier just in time for the COVID-19 fallout -
August 2020
The Small Business Reorganization Act is a newly added subchapter of Chapter 11 bankruptcy that makes it feasible and beneficial for your small-business clients to benefit in new ways.
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.
The state of mergers and acquisitions -
September 2020
With the M&A market finally slowing down at the end of 2019, the global pandemic and resulting market volatility appear to be accelerating the slowdown.
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.
Minnesota’s Angel Tax Credit -
April/May 2022
The Angel Tax Credit is an important tool for assisting small startup businesses across the state get a foothold in the capital markets. Read about the latest developments.
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.
Comprehensive guide to tax implications and entity structures in the cannabis industry -
April/May 2024
With a unique legal and financial landscape, the cannabis industry demands careful consideration of entity structure and tax implications.
Comprehensive guide to tax implications and entity structures in the cannabis industry -
Popular Articles
With a unique legal and financial landscape, the cannabis industry demands careful consideration of entity structure and tax implications.
