The MAPAN. President s Message. Informing members about accounting, tax, and technology issues. In This Issue. MAPA Officers. MAPA Executive Offices

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1 The MAPAN Informing members about accounting, tax, and technology issues The MAPA assists its members in achieving success in the profession of accounting and taxation through the advocacy of practice rights and the promotion of high standards in ethics, education, and professionalism. Volume 56, No. 5 A Publication of the Minnesota Association of Public Accountants October 2015 In This Issue Calendar... 7 Executive Director Report... 2 In This Corner... 4 IRS News & Views... 5 MAPA Quality Review... 6 NSA State Director Report... 3 President s Message... 1 Tangible Property Regulations... 5 MAPA Officers President...David E. Engelking, CPA (651) david@deeltd.com First Vice President.... Heidi Sue Baublitz, CPA (218) heidi@amltdcpa.com Second Vice President.... Stephanie Johnson, EA (651) stephanie@tenforty.com Secretary... Jennifer Schutz, CPA (651) jschutz@lewiskisch.com Treasurer... Jacen Gondringer, CPA (218) jacen@brainerdscpas.com First Past President...Erin Nebben, EA (763) enebben@johnsonbruns.com Second Past President....James V. Lewis, CPA (651) jvlewis@lewiskisch.com MAPA Executive Offices 1000 Westgate Drive Suite 252 Saint Paul, MN (651) (800) (MN only) Fax (651) Website: The MAPAN The MAPAN is the official publication of MAPA. The MAPAN is published eight times annually. All articles must be submitted to the MAPA Office by the 15th of the month to be included in the following month s publication. Submit all articles and letters to the Editor: President s Message Hello Everyone! The State Fair is behind us. The kids are back in school. The daylight is getting shorter. The leaves are beginning to change colors. The 2014 business extension filing deadline has passed and the 2014 individual extension filing deadline is near. Seminar season is coming soon. Where did the summer go? I have been getting at least one telephone call per week from clients who have received either a threatening telephone call or from the IRS. It is gratifying to feel the relief in their voices when told that the IRS will only contact a taxpayer via U.S. mail. I was recently referred a couple of new clients to amend their income tax returns. Their previous preparer had completed their 2012, 2013, and 2014 income tax returns. The clients signed the Form After signing, the preparer adjusted the returns by creating Schedule C with losses, adding moving expenses, adding IRA contributions, and adding Form 2106 non-reimbursed employee expenses. The preparer then split the refunds by depositing the original calculated refunds in the client s accounts and depositing the additional refunds in his own account. The clients did not realize that anything was changed. The IRS contacted the clients because of the large number of deposits placed into the preparer s account. The bad news: The clients are required to pay the taxes due with the amended returns and hope that the IRS and MN Revenue will provide restitution from the previous preparer. The good news: The previous preparer was not a member of MAPA. As I stated in last month s MAPAN, the Minnesota State Board of Accountancy will have three openings in MAPA does not currently have a member on the State Board of Accountancy. MAPA and the State Board of Accountancy have always worked well together and MAPA s input has benefitted our membership. If you feel that you have what it takes to apply for an open position, please feel free to contact a MAPA board member or Ewald Consulting for help with the process. MAPA will be represented at an administrative law judge hearing with the Minnesota State Board of Accountancy on October 8, 2015, concerning CPA Firm Permit requirements. The current requirement states that all partners, members, managers, shareholders, directors, and officers who are required to hold a certificate and whose principal place of business is in this state individually hold nonexpired certificates with an active status before the firm can be issued a firm permit. The proposal requires only a two-thirds majority of partners, members, managers, shareholders, directors, and officers who are required to hold a certificate and whose principal place of business is in this state individually hold nonexpired certificates with an active status before the firm can be issued a firm permit. MAPA supports the current all requirement. Sherry B. Gunelson c/o MAPA 1000 Westgate Drive Suite 252 Saint Paul, MN sbgunelson.ltd@comcast.net MAPA is always looking for members who are willing to serve on the committees listed on the last page of the MAPAN. Committee membership is a fantastic opportunity to help an organization that does so much to help the members. MAPA is offering the Ethics seminar on the morning of December 3 and the Minnesota President s Message continued on page 2

2 PAGE 2 The MAPAN Vol 56 NO. 5, October 2015 Executive Director Report Eric Ewald, CAE A Host of Continuing Education Opportunities through MAPA MAPA Seminars: I believe that every MAPA member is familiar with the Eric Ewald schedule of fantastic MAPA seminar offerings. If you are not, make sure to check out the calendar section on the MAPA website. You should also go there to look at some of the regional events that are being planned for the fall! MAPA Regional Events: Some of the MAPA regions have information posted there about upcoming events that might be convenient for you. These are special events organized by volunteer leaders within the regions that offer CPE and give you the opportunity to network with folks local to your region. Nothing happening in your region? Give us a call and we can give you some guidance on getting some others in your region together to host an event. About The MAPAN The MAPAN is published monthly (except the July/August issue) from May through January for the members of MAPA by the Minnesota Association of Public Accountants, 1000 Westgate Drive, Suite 252, Saint Paul, MN Phone: or Fax jasperm@ewald.com Website: Unless stated, comments in this publication do not necessarily reflect the endorsement or opinion of MAPA. The publisher is not responsible for statements made by the authors, contributors or advertisers. The publisher reserves the right to final approval of editorial and advertising copy in this publication. Webinars: By special arrangement with the National Society of Accountants (NSA) MAPA members can access all live, self-study, webinar and online NSA courses and educational offerings including the annual meeting, spring and fall programs, prep courses, and webinars at special Affiliated State Organization (ASO)/NSA member rates. This is not an insignificant discount! A typical rate for a 2 hour course is $210 to the public with the discount rate being $69. NSA currently has a list of 50+ archived and upcoming live webinars covering a range of topics. You can view them at: webinars.nsacct.org. MAPA members should use the promo code NSASOCPEMN when registering for these events to get the discount. NSA will verify MAPA membership. AICPA Booklet Now Available Protecting the Public Interest: the Uniform CPA Examination The State Board of Accountancy recently shared a new tool with me that was provided to them from the AICPA. The AICPA has created a printed booklet that explains the goals of the uniform CPA exam, the roles of NASBA, state boards, Prometric, and AICPA in its development and use. A digital version of the booklet is available on the AICPA website. MAPA President David Engelking and Deb Engelking at the 2015 Convention. President s Message, continued from page 2 Tax Update on the afternoon of December 3 in Bloomington. Please keep in mind that Ethics is a specific requirement for keeping the CPA license. MAPA is also offering the GearUp 1040 seminar on November 4-5 in Bloomington, November in St. Cloud, December 9-10 in Bloomington, and January 6-7 in Bloomington. I hope everyone enjoys the beautiful fall in Minnesota! David Engelking, CPA President

3 PAGE 3 National Society of Accountants (NSA) State Director Report Ellen E. Stebbins, EA, RAP, ABA, ATA, ATP and ARA, NSA State Director The 70th Annual Convention and Expo was held August 19-22, 2015 in beautiful Vancouver, British Columbia. I participated with state directors from around the country at the leadership Ellen Stebbins workshop. We shared ideas and insights and explored new opportunities with each other about challenges we all face in this complicated profession. NSA now has a brand new membership brochure. The new brochure includes reasons to join, Tax Talk stats, information on a host of NSA member benefits and includes a choice between two membership offers: 15 months or $20 off. My supply of these brochures should be available at the Business Entities seminars. The benefits NSA offers are listed and are a great reminder of different tools you can use if you are already a member. It was stressed during the Board of Governors meeting how important it is to sign the NSA Tax Practitioner s Bill of Rights petition. If you haven t already signed the electronic petition please do so online at ipetitions.com/petition/nsa-bill. My article in the July/August MAPAN describes the Bill of Rights. NSA hopes this will improve IRS service for tax practitioners. The NSA business session opened Thursday morning featuring Karen Hawkins, the former Director of the IRS Office of Professional Responsibility. She said education and outreach are the most important focus of the OPR with discipline next. She also said to know our clients and keep asking the questions (even if uncomfortable) for our due diligence requirement. More advice she gave is when talking to the IRS the trick is to keep it inside and mind our manners. The IRS and Congress need to refocus on people. Next, the NASBA panel debated several items, like Big GAAP vs Little GAAP and SSARS 21 new level preparation service and compilation. They discussed NASBA s purpose is for public protection because the public relies on the accountant s training and work. Educate state boards so everyone is on the same page and follow a uniform path. Mandatory peer review laws were also discussed. The panel further spoke to issues that relate to tax practitioners. After the panel debate, the past presidents were recognized and First Timers to a NSA convention were introduced. Welcome to Stephanie Johnson and William McCaw, Minnesota s First Timers. Proposed Bylaw Amendments were presented with much discussion and later voted on. Then we had the Meet the Candidates Forum for the contested races. A moderator asked very challenging questions to get the candidates views on NSA s present and future, proxy voting, board changes, membership, revenue and expenses. Kathy Hettick from Washington is the new NSA President, Alfred Giovetti from Maryland is First Vice President, Brian Thompson from Arkansas is Second Vice President, and Curtis Lee from North Carolina is Secretary- Treasurer. State Directors and District Governors were also elected. Proxy voting truly did count, as one race was decided by one vote. Later, we met with members from other states in our district to discuss what is happening in our area and ideas of what we can do to improve things. The second business session was held Friday afternoon. The scholarship foundation accepted donations from around the country. Exhibitors and their products were introduced, committee reports were presented, and awards given. Minnesota received an award for State Board Monitoring. Virginia Bruns from Minnesota was installed as Vice President of the Accreditation Council for Accountancy and Taxation. Joseph Santora was honored with the Accountant of the Year award. Many of you have heard Joseph Santora speak at the GearUp Accounting seminar Minnesota NSA State Director s Report continued on page 5 Minnesota Delegation at NSA Annual Convention in Vancouver. August 2015 (left to right) Richard Gwizdala, Ellen Stebbins, Erin Nebben, Stephanie Johnson, Virgina Bruns, William McCaw, Steven Hanson. Vancouver, Canada Harbour Dinner Cruise

4 PAGE 4 In This Corner... Jerry Deiley, CPA, Technical Editor Jerry Deiley After a nice long Labor Day weekend, Joann and I returned to our home in New Hope. While at the cabin, I started thinking about the newsletter and as usual, what might be interesting to those who read this article. I received a reminder from Jazzy that it s due September 15, so I ll start with: A Victory for Carl Pohlad. A friendly battle took place between the Internal Revenue Service and the estate of the late billionaire banker Carl Pohlad. The IRS alleged the estate undervalued Pohlad s interest in the Minnesota Twins. Before he died in 2009, he transferred the majority of his ownership in the Twins to his three sons. The IRS claimed the estate owed an additional $255.8 million because the value was understated. In tax court, John Porter, attorney for Pohlad s estate, said the adjusted value for a $36 million settlement was resolved amicably. Details of how the new value was reached were not disclosed, only that experts were hired and come to a much lower value than the IRS had originally estimated. Reported August 20, 2015, in the Star Tribune by David Phelps. I question why he transferred ownership to his three sons; he would be required to file a gift tax return, pay gift taxes and the boys would get the cost basis that Carl had, instead of the fair market value at date of death. Remember to Plan for your Retirement. This plan will apply to all our clients and should include some or all of the following: 1. Have a will naming the executor(s) with a schedule showing a description and approximate values of your assets and where those valuables are located. Remember, you can prepare your own will or have an attorney help if you are not sure of some of the particulars. Either way, you must have two witnesses sign your wills. 2. Prepare a separate list of all your personal property that has value to you and name the beneficiaries who get certain items listed. 3. If the value of your estate is over $5,340,000 make sure ownership is split between you, your spouse or your trust. This will provide a second $5,340,000 federal exemption. Minnesota has an exemption of $1,400,000 with $200,000 annual exclusions up to $2,000,000 and the new tax rates are 10 to 16 percent of the taxable estate. 4. Gifting is a way to reduce estate taxes if your values are over the limit; gifts can be made for $14,000/$28,000 for single and jointly owned assets. Small Business Fuels the Economy. I believe it is worth noting that there are 28 million small businesses in the U.S. and over 22 million are selfemployed. I also learned that approximately 543,000 new businesses start up every month. That was news to me, and a good reason why small accounting firms like ours keep busy. It was also noted that new businesses need software and many other office products like iphones, Android smart phones, computers and workshop stations. Reported in the June/July 2015 CPA Practice Advisor by Mary Girsch-Bock. Swindling $1.3 Million and Her Son s Death. This case was reported July 21, 2015 in the Star Tribune by David Chanen. The story starts with 42-yearold Stephanie Castillo taking her 2-month-old son to a hospital in Edina. The baby died 40 minutes later. Twenty minutes later the mother started asking about receiving insurance benefits. She was very upset when the doctor told her an autopsy would be performed and the death is under investigation. The doctor learned that Castillo s trial for embezzling $1.3 million will start September 16. She is charged with eight counts of felony theft for swindling the money from Balderson Management over a five year period. She admitted it was to feed a shopping addiction and to fund her husband s business in Mexico. County Attorney Mike Freeman said this was the largest case he has dealt with and would ask for a sentence longer than the 49 to 68 months. Will the IRS have a tax claim against her for the swindled money? I believe the $1.3 million is subject to both federal and state income taxes. Castillo could file for bankruptcy if IRS made an assessment. And, is it possible the mother had something to do with her son s death? What a mess. Would You Like a Substantial Raise? You may have heard that the University of Minnesota recently awarded Gophers Football Coach Jerry Kill a $300,000 salary increase to his annual salary of $2,200,000. His staff had to split a $300,000 salary increase. Any wonder why tuition is skyrocketing for students? That raise reminded me of how easy it is to spend other peoples money like our elected officials. I have no issue with the government spending the taxes they collect each year, as long as they leave our Social Security investments alone, and don t borrow money from foreign countries. We learned to live with what we earn, so should the government and others. Quotable Quotes. Unusual statements: Where there s a will, I want to be in it. * If I agreed with you, we d both be wrong. * War does not determine who is right, only who is left. * To steal ideas from one person is plagiarism. To steal from many is research. * I used to be indecisive, but now I m not so sure. Received from my good friend, Billy O Callaghan, Find us on Facebook! Minnesota Association of Public Accountants

5 PAGE 5 IRS News & Views Ann Makres, SBSE Taxpayer Education and Communication Penalties at a Glance The new IRS.gov Penalties at a Glance ( Small-Businesses-&-Self-Employed/Penalties-at-a-Glance) page has information practitioners can use to learn about penalty relief and determine whether their clients qualify for penalty abatement. Clients may qualify for relief from penalties if they made an effort to comply with the requirements of the law, but were unable to meet their tax obligations, due to circumstances beyond their control. Penalties eligible for penalty relief include: Failing to file a tax return Failing to pay on time Failing to deposit certain taxes as required Other penalties as applicable. Types of Penalty Relief Available: Reasonable Cause Administrative Waiver and First Time Penalty Abatement Statutory Exception If your client received a notice or letter stating the IRS didn t grant their request for penalty relief, this page includes a new tool, the Penalty Appeal Online Self-help Tool, that can help you or your client decide if and how to appeal that decision. The Health Care Law and Your Client: Nine Facts about Letters Sent by the IRS The IRS sent letters to taxpayers this summer who were issued a Form 1095-A, Health Insurance Marketplace Statement, showing that advance payments of the premium tax credit were paid on the taxpayer s behalf in At the time, the IRS had no record that the taxpayer filed a 2014 tax return. Here are facts about these letters and the actions your clients should take: IRS letters 5591, 5591A, or 5596 remind them of the importance of filing their 2014 federal tax return along with Form 8962, Premium Tax Credit. They must file a tax return to reconcile any advance credit payments they received in 2014 and to maintain eligibility for future premium assistance. If they do not file, they will not be eligible for advance payments of the premium tax credit in Even if they don t usually file or if they requested an extension to Oct. 15, they should file their 2014 tax return as soon as possible. Until they file a 2014 tax return to resolve the issue with the Marketplace, they will not be eligible to get advance payments of the premium tax credit to help pay their health coverage premiums in 2016 from the Marketplace. They should have received a Form 1095-A, Health Insurance Marketplace Statement, earlier this year if they or a family member purchased health insurance coverage through the Marketplace in This form provides the information needed to complete Form They must attach Form 8962 to the income tax return filed. They should contact the Marketplace if they have questions about their Form 1095-A. If they have recently filed their 2014 tax return with Form 8962, they do not need to file another tax return or call the IRS about these letters. In general, if the tax return is filed electronically, it takes three weeks before it is processed and their information is available. If a tax return is mailed, it takes about six weeks. However, processing times can vary based on other circumstances. Clients should follow the instructions on any additional IRS correspondence that they receive to help the IRS verify information to process their tax return. For more information, see the Affordable Care Act Tax Provisions for Individuals and Families ( Individuals-and-Families) page on IRS.gov/aca NSA State Director Report, continued from page 3 holds in June. Throughout the convention there were many excellent education seminar opportunities. You could attend seminars on Circular 230, U.S. Canada Cross-Border Tax Considerations, SSARS 21, U.S. Tax Filing Requirements for International Activities, Business Financial Health, and Risk Management. We did have time for some great entertainment and fun activities. The first night we enjoyed a Vancouver Harbor Dinner Cruise. The beautiful glass city skyline and scenery were stunning. The ACAT reception was a fun and great networking event to relax and enjoy each other s company. We also enjoyed reconnecting with friends from all across the country at the dessert reception honoring incoming NSA President Kathy Hettick. One important thing Kathy said was, We unite and go on now. The successful convention closed with the installation and awards banquet. We were entertained and danced to the fantastic Moon Coin Show Band. Next year s convention will be in Tampa, Florida August Please consider attending and have your voice heard.

6 PAGE 6 MAPA Quality Review Gerard Stifter, Quality Review Committee The AICPA Peer Review has placed additional emphasis on independence, particularly as it relates to the performance of non-attest services. Firms commonly perform non-attest services such as financial statement preparation, maintaining depreciation schedules, account reconciliations, cash-to-accrual conversions, payroll services, bookkeeping and tax preparation. These services are performed in conjunction with, or in addition to, attestation services such as compilations, reviews or audits. ET-Cod states that when non-attest services are performed for an attest client, self-review, management participation or advocacy threats to the firm s compliance with the independence rules may exist. When significant independence threats exist during the period of the professional engagement or the period of the financial statements, independence will be impaired unless the threats are reduced to an acceptable level and any of the requirements included in the interpretation of the non-attest services subtopic [1.295] under the independence rule have been met. ET-Cod discusses the cumulative effect on independence when providing multiple non-attest services. It indicates that performing multiple non-attest services can increase the significance of threats to independence. The usual method of reducing the threat is to have management document, usually in the engagement letter, that they perform certain functions and accept certain responsibilities. These include: 1. Assuming all management responsibilities. 2. Oversee the non-attest services by designating an individual, preferably within senior management, who possesses suitable skill, knowledge and/or experience. 3. Evaluate the adequacy and results of the non-attest services performed. 4. Accept responsibility for the results of non-attest services. 5. The person designated does not need to have the skills to perform the non-attest services, but does need to have sufficient understanding of the objectives and results of the non-attest services. If multiple services of a wide variety are performed for a client, the difficulty of assuring that management is willing and able to accept MAPA Regional Directors Region 2 (East Metro).... John Trudeau, CPA (651) johnt@johntrudeau.com Region 3 (Southern)...Sandy Flom, CPA (507) sandy@faribaultcpa.com Region 6 (Central) Derik Brenny (218) derik@brainerdscpas.com At Large... Darrel terning, cpa, ea (320) dterning.cpa@gmail.com responsibility for the services increases. The engagement letter should separately identify each of the non-attest services to be performed, as well as having management accept the responsibilities listed above. Some services (such as check signing, preparation of original documents, authorizing transactions, making decisions for clients, hiring or firing employees, etc.) are by their nature more likely to impair independence. If the firm cannot reduce the threats to independence to an acceptable level, the firm should either issue a compilation report disclaiming independence, or perform financial statement preparation service for the client in accordance with SSARS 21. Performing only preparation services under SSARS 21 does not subject a firm to quality review requirements. During the quality review, the firm is required to complete an engagement questionnaire for each of the engagements selected. The current version of the questionnaire has focused additional attention on independence as it relates to performance of non-attest services. There is a separate section for each non-attest service performed. Each section requires the firm to provide the identification of the service, who in the firm is responsible for the service, the name and title of the client personnel overseeing the service, your assessment and factors which lead you to believe the client personnel has the sufficient skills, knowledge and experience to oversee the service. There may be several individuals within the client who have responsibility to oversee the different services. Each of these individuals should be assessed as to their ability to oversee the services designated as their responsibility. Merely stating that the firm has worked with the individual for many years is not a proper assessment of ability to oversee the services performed. The firm should have documented in its workpapers (and on the engagement questionnaire) the specific skills or experience that qualify the person to oversee the services. If a firm cannot honestly determine that the person designated by management has the skills to oversee the services, the firm should not perform an audit, review, or an independent compilation. If such a service is required, the firm should decide whether it wishes to continue the non-attest services, and arrange for a different firm to perform the attest services, or vice versa. Advertising Specs The following types of advertisements will be accepted from MAPA members: 1) sale or purchase of a practice 2) person seeking employment 3) potential internships Ads will be run for up to three issues at no charge. Additional ad placements will cost $100 per listing per month for up to ten lines.

7 PAGE 7 Tangible Property Regulations Frequently Asked Questions From IRS.gov Section 162 of the Internal Revenue Code (IRC) allows you to deduct all the ordinary and necessary expenses you incur during the taxable year in carrying on your trade or business, including the costs of certain materials, supplies, repairs, and maintenance. However, section 263(a) of the IRC requires you to capitalize the costs of acquiring, producing, and improving tangible property, regardless of the size of the cost incurred. The tax law has long required you to determine whether expenditures related to tangible property are currently deductible business expenses or nondeductible capital expenditures. Before the issuance of the final tangible property regulation on September 17, 2013, your decisions were guided by decades of often conflicting case law, as well as administrative rulings on specific factual situations. The final regulations combine the case law and other authorities into a framework to help you determine whether certain costs are currently deductible or must be capitalized. The final tangible property regulations also contain several simplifying provisions that are elective and prospective in application. Following are frequently asked questions: Do the tangible property regulations apply to you? The final regulations apply to anyone who pays or incurs amounts to acquire, produce, or improve tangible real or personal property. These regulations apply to corporations, S corporations, partnerships, LLCs, and individuals filing a Form 1040 with Schedule C, E, or F. The final regulations affect you if you incur amounts to acquire, produce or improve tangible real or personal property in carrying on your trades or businesses. The rules are most significant for those that regularly incur large capital expenditures. The final regulations are effective for taxable years beginning on or after January 1, MAPA Calendar 2015 November 4-5 GearUp 1040 Ramada, Bloomington GearUp 1040 Holiday Inn, St. Cloud December 3 Ethics Ramada, Bloomington (half day, a.m.) 3 Minnesota Tax Ramada, Bloomington (half day, p.m.) 4 MAPA Board Meeting Ramada, Bloomington 9-10 GearUp 1040 Ramada, Bloomington 2016 January 6-7 GearUp 1040 Ramada, Bloomington For more seminar information and registration, please visit What is the de minimis safe harbor election? Under the final regulations, you may elect to apply a de minimis safe harbor to amounts paid to acquire or produce tangible property to the extent such amounts are deducted by you for financial accounting purposes or in keeping your books and records. If you have an applicable financial statement (AFS), you may use this safe harbor to deduct amounts paid for tangible property up to $5,000 per invoice or item. If you don t have an AFS, you may use the safe harbor to deduct amounts up to $500 per item or invoice. An AFS includes a financial statement required to be filed with the SEC, as well as other types of certified audited financial statements accompanied by a CPA report. These limitations are for purposes of determining whether particular expenses qualify under the safe harbor; they aren t intended as a ceiling on the amount you can deduct as business expenses under the IRC. Neither the IRC nor prior regulations included a de minimis safe harbor exception to capitalization, you were required to determine whether each expenditure for tangible property, regardless of amount, was required to be capitalized. The de minimis safe harbor election eliminates the burden of determining whether every small-dollar expenditure for the acquisition or production of property is properly deductible or capitalizable. If you elect to use the de minimis safe harbor, you don t have to capitalize the cost of qualifying de minimis acquisitions or improvements. Read the complete article on Businesses-&-Self-Employed/Tangible-Property-Final-Regulations Advertisement Wanted: Accounting Practice: Established expanding CPA firm specializing in small businesses looking to acquire accounting and tax practices in the Minneapolis/ St. Paul metro area. If you have a write-up practice for small businesses, I am very interested. Please call Gary at or ghaworth@haworthco.com. Advertisement PRACTICE FOR SALE Long term, well-established CPA firm that s located south Metro has a good mixture of individual tax with most of them having schedules C and E. Also, many business entities, 1120S and 1065 and 990 s, and some QuickBooks consulting. No payroll, no audits. Owner and staff are willing to work for buyer for a smooth transition. Contact dhope@midco.net

8 MAPA Minnesota Association of Public Accountants Minnesota Association of Public Accountants 1000 Westgate Drive, Suite 252 Saint Paul, MN Address Service Requested October 2015 Newsletter Minnesota Association of Public Accountants Committee Chairpersons 2015 Advisory Erin Nebben, EA Ethics Tim Robinson, CPA MAPAN Sherry B. Gunelson, CPA Quality Review Jill Hoffmann (320) ByLaws Mark Nicholson, CPA Jennifer Schutz, CPA Convention Virginia Bruns, CPA, EA, ABA Ellen Stebbins, EA, RAP, ABA, ATA, ATP and ARA Education Debra Yerys, CPA Executive Director Contract Review David Engelking, CPA Finance Jacen Gondringer, CPA Legislative/MN state Board Liaison Kurt Juergensen, CPA Al Maves, CPA Membership/Public Relations Heidi Baublitz (218) Stephanie Johnson (651) MN Dept. of Revenue/ IRS Liaison David Shabaz, CPA, CPC Nominating James V. Lewis, CPA Seminar Virginia Bruns, CPA, EA, ABA Darrel D. Terning, CPA, EA Strategic Planning Al Maves, CPA Student Conference Stephanie Johnson, EA Technology Matthew Dahl, CPA