MINNEAPOLIS
Monday, December 9, 2024 - Tuesday, December 10, 2024
9:00 AM - 5:00 PM | Check-In: 8:30 AM
Minnesota CLE Conference Center
600 Nicollet Mall # 370
3rd Floor, City Center
Minneapolis, MN 55402
The 2024 Tax Institute features 17 sessions that will provide yearly updates along with a wide array of essential tax topics. In addition to the annual updates on Business, Individual and Minnesota Taxes, the Institute will feature updates on Criminal and International Tax this year. Additional sessions will cover:
Plus, hear from –
Also joining us will be –
Co-sponsored by Minnesota CLE and the MSBA Tax Law Section
8:30 – 9:00 a.m.
CHECK-IN & CONTINENTAL BREAKFAST
9:00 – 9:05 a.m.
WELCOME & ANNOUNCEMENTS
9:05 – 10:05 a.m.
2023–2024 Supreme Court Tax Related Cases – Key Decisions and Potential Impacts
This past year has seen major Supreme Court decisions come down impacting a wide swath of American jurisprudence. Professor Kristin Hickman and experienced tax lawyer Ken Levinson will discuss some of the major tax-related decisions from the previous Supreme Court term and how those cases may impact tax attorneys, interpretation and application of tax statutes and regulations, and possible impacts on clients and tax planning.
– Professor Kristin E. Hickman & Kenneth S. Levinson
10:05 – 10:50 a.m.
Fireside Chat with the Minnesota Department of Revenue
MSBA Tax Section and Institute Chair Emily L. Tracy sits down with leaders from the Minnesota Department of Revenue to discuss current tax issues and trends. The panel will highlight agency insights, trends, and things to follow at the state and federal levels heading into the 2025 legislative session.
– Commissioner Paul Marquart, Assistant Commissioner Sarah C. Bronson, Assistant Commissioner Martha Burton & Assistant Commissioner Justin T. Nieman
– Emily L. Tracy (moderator)
10:50 – 11:05 a.m.
BREAK
11:05 a.m. – 12:05 p.m.
BREAKOUT SESSION A
101
Hot State Income Tax Issues
This session will cover the current hottest issues in state income tax that Minnesota tax practitioners need to know! Topics will include taxation of foreign income, sourcing, alternative apportionment, transfer pricing, pass-through entity taxation, nexus and Public Law 86-272, and more.
– Miriam A. Sahouani & Masha M. Yevzelman
102
Property Tax Appeals Case Update, Trends and Exemptions
This session will discuss the most important decisions on property tax law from the past year. Additionally, hear about current trends and key issues that you need to be aware about when it comes to valuation and exemptions.
– Lynn S. Linné
103
The Intersection of Cryptocurrencies and Digital Assets and Tax
This session will discuss the tax issues involved around cryptocurrencies and digital assets. Learn how best to advise clients who have such assets and how to avoid major tax hurdles.
– Andrea B. Mouw, Susan H. Stephan & Benjamin A. Wagner
12:05 – 1:15 p.m.
LUNCH (provided to attendees)
12:20 – 1:05 p.m.
SPECIAL LUNCH PRESENTATION
Updates from the Minnesota Tax Court
– Chief Judge Jane N. Bowman, Judge Bradford S. Delapena, Judge Wendy S. Tien & Julie V. Harris
1:15 – 2:15 p.m.
BREAKOUT SESSION B
201
The Current State of Multistate Taxation – Sales and Use Tax Nexus and Marketplace Issues
This session will provide an overview and update to sales and use tax nexus as well as specifically discuss nexus and other issues that impact marketplace facilitators doing business on a multistate basis. And if you think you’re not a marketplace, it may be time to reevaluate that opinion.
– Kyle M. Brehm & Andrew S. Slagle
202
Surviving An IRS Tax Audit: Avoid The Scars And Resolve Your Case
The goal of this session is to discuss essential IRS audit strategies, including how to prepare for an audit interview or conference, answering unreasonable government requests, the Cohen Rule, and other current developments to help resolve IRS audits efficiently.
– Benjamin A. Wagner
203
International Tax and Transfer Pricing Update, and a Look at Pillar 2
This session provides an overview of the latest developments in international taxation and transfer pricing, with a special focus on the status of OECD’s Pillar 2 implementation worldwide. Attendees will gain insights into the global minimum tax rules, their implications for multinational enterprises, and the strategies for compliance. The presentation will cover key topics such as the rationale behind Pillar 2, its impact on tax planning, and the challenges and opportunities it presents for businesses operating across borders.
– Jessica Dahlberg & Jacob Koch
2:15 – 2:30 p.m.
BREAK
2:30 – 3:30 p.m.
BREAKOUT SESSION C
301
Mobile Workforce: Tax Considerations for Employers and Remote Workers
This session will discuss important tax issues and updates relating to mobile workforce, including worker classification, residency, withholding, and more!
– Kathleen E. (Splett) Pfutzenreuter & Jennifer R. Pusch
302
Criminal Tax Update
This session will provide a refresher on the federal and state criminal statutes and a look into recent cases and trends. Additionally, hear tips for clients on how to avoid criminal tax charges.
– Matthew J. Wildes
303
What Tax Attorneys Need to Know About the Corporate Transparency Act and Beneficial Ownership Requirement
This session will discuss the reporting requirements businesses have to comply with under the new CTA and how they might relate to tax practitioners. Learn steps tax attorneys need to take to help their clients remain compliant.
– Jessica D. Manivasager
3:30 – 4:00 p.m.
ANNUAL INSTITUTE RECEPTION – FOOD, FUN & PRIZES!
Join your friends and colleagues for tasty refreshments, plus in-person conversation and networking!
4:00 – 5:00 p.m.
Mental Health and Substance Use in the Legal Profession and in the Practice of Law
1.0 mental health/substance use credit applied for
Lawyers are exposed to experiences that can lead to higher stress and greater consequences than those in many other careers. There is a clearly recognized continuum where unresolved chronic stress becomes a predictor for substance use problems and mental illness, particularly depression and anxiety. By understanding this continuum and the facts about addiction and mental illness, lawyers can reduce their risk and, hopefully, get help earlier when there is a mental health, substance use, or related problem. This program will present signs, symptoms, risk factors, and recovery regarding these challenges, as well as well-being tools and Minnesota resources, including Lawyers Concerned for Lawyers.
– Joan M. Bibelhausen & Jon M. Tynjala
8:30 – 9:00 a.m.
CONTINENTAL BREAKFAST
9:00 – 9:05 a.m.
WELCOME & ANNOUNCEMENTS
9:05 – 10:05 a.m.
Individual Taxation Update
This session will focus on important developments over the last year in individual taxation, including key legislative changes, cases, rulings and other recent developments of interest to practitioners and taxpayers alike.
– Thomas H. McCarr
10:05 – 10:15 a.m.
BREAK
10:15 – 11:30 a.m.
Federal Business Tax Update
This session will provide a summary of the past year’s statutory, regulatory, and judicial business tax developments. Hear about major changes and how they can impact your clients.
– Daniel A. Greenhagen
11:30 – 11:40 a.m.
BREAK
11:40 a.m. – 12:55 p.m.
Minnesota Tax Law Update
This session will discuss recent Minnesota Supreme Court and Minnesota Tax Court income tax and sales tax decisions (as well as an overview of some important cases that currently are pending in the courts). The presenters will also provide updates on recent legislative and administrative developments, including Minnesota DOR Revenue Notices, 2024 tax law changes, and potential tax law changes that may be considered during the 2025 legislative session.
– Dale H. Busacker, Alexander Korzhen, Christopher P. Martin & Christopher A. Stafford
12:55 – 1:20 p.m.
LUNCH BREAK (provided to attendees)
1:20 – 2:20 p.m.
The Ethics and Biases of AI and LLMs
1.0 ethics credit applied for
Learn about the ethical issues involved in working with AI and the inherent biases built into ChatGPT and other Large Language Models.
– Eric T. Cooperstein & Sybil L. Dunlop
Attendees of the 2024 Tax Institute may view the following webcast for FREE after the Institute! Instructions on how to register for free will be provided to attendees during the Institute.
Thursday, January 16, 2025
2:00 – 3:00 p.m.
2024 Election: Impact on the Tax Outlook and How to Prepare for Major Changes in 2025
– Dustin Stamper & Colin Wilhelm
LIVE IN-PERSON
Monday & Tuesday, December 9-10, 2024
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street & Nicollet Mall, Third Floor City Center
Minneapolis, Minnesota
ONLINE REPLAY
Thursday & Friday, January 9-10, 2025
Attend online
Online replay includes all plenary and breakout sessions. A moderator will be available to answer questions by email.
$445 MSBA members / $445 paralegals / $495 standard rate
Other discounts that may apply:
Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.
Minnesota CLE is applying to the Minnesota State Board of CLE for 11.0 CLE credits, including 1.0 mental health/substance use credit for the afternoon plenary session on Day 1 and 1.0 ethics credit for the afternoon plenary session on Day 2. The maximum number of total credits attendees may claim for this program is 11.0 credits. Minnesota CLE is an accredited sponsor in Wisconsin and North Dakota.