This year the Minnesota Legislature passed and Governor Walz signed into law a significant rewrite of Minnesota’s tax code to bring the state into conformity with the federal Tax Cuts and Jobs Act of 2017. This new law will have significant impacts on both individuals and businesses going forward for the 2019 tax filing season, as well as retroactively as the law may require amendments to 2018 tax returns. To ensure that our members have all the information they need on what this new law will mean for them, Greater Mankato Growth is partnering with Abdo, Eick & Meyers; CliftonLarsonAllen; and Eide Bailly to host a free forum on Minnesota Tax Reform on December 10. Our panel of tax experts will review the federal and new state tax laws and how it will impact businesses as well as discuss what you need to know about retroactive tax filings for 2018. You can register and get more information here: https://gmg.greatermankato.com/events/Minnesota-Tax-Reform-What-You-Need-to-Know-1117/details
Following Governor Mark Dayton’s veto of legislation that would have conformed Minnesota’s tax system to the new Federal tax law, there is uncertainty as to what this means for businesses and individuals. The following guest blog courtesy of Eide Bailly provides a helpful overview of where things stand and the key issues to follow moving forward.
Should you wish to discuss this issue further, please be sure to contact one of our fantastic member businesses with tax expertise. Continue reading “Minnesota Tax Conformity: What’s Next?”
The new tax bill significantly changes the tax code for businesses. The following guest blog courtesy of Eide Bailly provides a helpful overview of what the new tax bill means for businesses and considerations they should be making.
This information will also be covered in greater detail at our upcoming free event – Tax Reform Planning Strategies – Unlocking the Mysteries of the New Tax Bill. You can get more information and register for this event here.
Should you wish to discuss tax reform and its impact on you or your business, please be sure to contact one of our fantastic member businesses with tax expertise. Continue reading “Tax Bill – Impact on Businesses”
Greater Mankato Growth held a Public Affairs Issues Forum last month titled Federal Tax Reform – What it Means for You and Your Business featuring a presentation delivered by top tax experts from Eide Bailly’s National Tax Office. We’re pleased to present the slides from that forum. They contain a comprehensive summary of the key tax implications for both individuals and businesses and are well-worth taking a look at. You can view the slides at this link: Tax Reform Presentation Slides
The following is a guest blog written by Eide Bailly’s Mankato Office to update our members on new tax compliance information related to the Affordable Care Act. Should you wish to discuss this topic and its impact on you or your business, please be sure to contact one of our fantastic member businesses with tax expertise.
Guest Blog by Eide Bailly Continue reading “The Latest on the Affordable Care Act”