MNCPA Tax Conference

L Sessions

Tuesday, November 15,
3:45 p.m. - 5 p.m.

L1. MN Legislative and Professional Update

Speaker(s): Geno Fragnito, Linda Wedul
NASBA field of study: Business Management & Organization - Non-Technical (1.5)

Considering there was no tax bill in 2022, a growing surplus and an election in November, take this opportunity to learn about the MNCPA’s efforts at the Minnesota Capitol and the legislative issues likely to impact you or your clients. Also, review rule changes in development at the Minnesota Board of Accountancy and potential impacts to the CPA pipeline. Look ahead at emerging trends in technology, services and skills within the profession and think strategically so you can prepare for upcoming opportunities.

L2. Selling, Restructuring or Spinning Off an S Corporation

Speaker(s): Mark Sellner
NASBA field of study: Taxes - Technical (1.5)

CPAs add the most value to transactions when you understand how the legal documents both define and reflect the related tax consequences. This how-to session covers value-added S Corporation transactions for your clients. Explore the tax consequences of various transactions and the required tax return statements. Leave this session knowing how and when to analyze a stock vs. asset sale, structure a Section 338(h)(10) stock sale and a Section 336(e) stock sale, suggest QSub or LLC restructuring and plan a Section 355 spin-off.

L3. 10 Simple Steps to Stay Ahead of Today’s Technology Security Threats

Speaker(s): Daniel Moshe
NASBA field of study: Specialized Knowledge - Technical (1.5)

We’ve all seen the headlines – one critical business after another being attacked and breached by cybercriminals or becoming a victim of internal fraud. Learn simple steps you can take to make your firm more resilient to cyberattacks and fraud in the face of increasingly sophisticated threats. This session is sponsored by Tech Guru.