Christianson CPAs & Consultants

We're very proud of Lexi Kopacek for earning her #CPA license! 🎉 She was recently recognized, along with the 2024 class of her peers, by Minnesota Society of CPAs

This year at #FEW24, Ethanol Producer Magazine will honor women leaders in the industry, recognizing those who advance areas like scientific research, business leadership, or advocacy efforts. Two of the nominees are Christianson Partner Kari Buttenhoff and Angela Furney with our friends at BEYOND. 🎉 Congrats ladies!

Heading to #FEW24? Come say hi to us at booth 1438, right across the aisle from our friends at BEYOND a christianson company.

The Treasury Department and IRS have released new guidance on the registration requirements for the 45Z Clean Fuel Production tax credit. Key points include: Registration Requirement: Taxpayers must have a signed registration letter from the IRS to claim the 45Z credit for transportation fuel production starting January 1, 2025. Without this letter, no credit can be claimed for fuel produced and sold before the date on the letter. Application Deadline: To ensure timely processing, completed registration applications should be submitted by July 15, 2024. Applications received by this date are expected to be processed by January 1, 2025. Late applications may not be processed in time for the start of the credit period. Form 637: Applicants must use Form 637, indicating Activity Letter “CN” for non-SAF transportation fuel producers, “CA” for SAF producers, or both. Until the revised form is available, current forms can be used with these notations. Action Required: Taxpayers planning to claim the 45Z credit are encouraged to apply for registration promptly to ensure compliance and eligibility. For more details, refer to Appendix A for eligible feedstocks and further procedural information.

With the rates of new CPAs entering the industry lagging, Minnesota and firms in the state are addressing the CPA talent pipeline by working to reach students earlier in their career decisions. Check out what CLA and Christianson CPAs & Consultants are doing in Minnesota Society of CPAs' recent article, Sowing Seeds. CLA's Don Loberg, CPA shares how initiatives like our high school internship program are essential in providing young talent opportunities to explore the professional services industry. https://hubs.li/Q02yRqT60

Erica was with us during the 2024 Tax season as a Seasonal Client Delivery Assistant - now joining us in a permanent role as Payroll Specialist!

Want to catch up at our next conference appearance? Sign up for updates on where we'll be next: https://lnkd.in/etmBx5FF

Announcing our 2024 Accounting Scholarship Winners! 👏 Anna Suter and Mason Thole will receive $1000 each towards their college studies.

The Qualifying Advanced Energy Project Credit (§ 48C) program aims to strengthen U.S. industrial competitiveness and clean energy supply chains. Projects that aim to reduce ghg emissions may qualify for 30% tax credit of the cost basis. Treasury, IRS, and DOE have opened applicants to register for a new round of allocations. Concept papers are due prior to June 21.   Looking to take advantage of the program or curious if your project may qualify? Reach out to see how we can assist!   https://lnkd.in/gZg2ZPTs

We're taking time to recharge and enjoy the summer! You can check out our office hours hours below -- all other locations by appointment only. ☀️