MNCPA Tax Conference

D Sessions

Monday, November 16,
12:40 p.m. - 1:30 p.m.

D1. Minnesota Department of Revenue Update

Speaker(s): Sarah Bronson, Robert Doty, Justin Neiman
NASBA field of study: Taxes - Technical (1)

Hear assistant commissioners discuss the latest developments from the Minnesota Department of Revenue (DOR). Learn about the DOR's ongoing work in response to COVID-19 and examine the pandemic’s impact on the state’s economy thus far. Plus, get updated on relevant federal tax law changes, the upcoming tax filing season and DOR initiatives to improve racial equity in the administration of the state’s tax laws.

D2. Tax Planning for Small Businesses

Speaker(s): Deborah Phillips
NASBA field of study: Taxes - Technical (1)

From the Tax Cuts and Jobs Act to recent pandemic-related legislation, there have been a myriad of major changes affecting small businesses. Get up to speed on these developments so you can advise your small-business clients on smart strategies that reduce their tax liability. Take a look at recent changes and planning strategies related to depreciation, net operating losses (NOLs), Paycheck Protection Program (PPP) loans, domestic deductions and much more.