IRS SMALL BUSINESS ROUNDTABLE AUGUST 28, 2007 Attendees: Pat Baird MN Secretary of State Roger Belfay Attorney Cindy Collett SBA Tom Copeland Redleaf National Institute Dave Costello MN Chamber of Commerce Minneapolis Regional Kristen Dalen Chamber of Commerce Kathleen Flom MN DOR Dona Harris MEK Accounting Melissa Heus Mpls Empowermen Zone Gary Johnson MN DEE D Marlys Kocourek MEK Accounting Thomas Larson AccountAbility Minnesota Dan Lee MN DOR Jeff Nelson MN DEE D Michael Nelson MN Secretary of State Ibrahim Noor MN DEE D Tom Reese MN DEE D Mike Schaitberger MN DEE D Narin Sihavong Mpls Empowermen Zone John Stiffen MN DOLI John S vigel MN DEE D Social Security Mark Vevea Administration Corey Walton US DOL Shane Ferguson IRS Stakeholder Liaison Pat Buttweiler IRS Stakeholder Liaison Alan Gregerson IRS Stakeholder Liaison Ann Makres IRS Stakeholder Liaison Michelle Benson IRS Governmental Liaison Meeting Summary: Pat Buttweiler, Stakeholder Liaison, opened the meeting by welcoming everyone and providing a folder of information, including the meeting agenda. Tom Reese, DEED Business Services Specialist, welcomed everyone to the Workforce Center and provided information about the Business Services Specialists and Workforce Centers around the state. Shane Ferguson, Stakeholder Liaison Area Manager, talked about Stakeholder Liaison and IRS products and services for small businesses and the Tax Gap. He highlighted e- News for Small Businesses, Tax Talk Today, Phone Forums and Tax Tip 2007-06 on Choosing a Tax Preparer. Two attendees requested to be subscribed to e-News for Small Businesses. Theresa McGill, Senior Bank Secrecy Act Specialist, spoke about the Bank Secrecy Act and Money Services Businessses. She said she will be in Minneapolis on September 6 th speaking at the Regional Money Order Business Convention and is looking for other speaking opportunities in Minnesota. As a result, a member of the MN Bar Association said he plans to facilitate a speaking engagement for her with the Bar Association. SL will contact the MN Attorney General to facilitate a BSA presentation. Dave Costello, member of the Minnesota Chamber of Commerce Small Business Committee, provided information about the Chamber and the Small Business Committee, which discusses and solves common problems for Minnesota small businesses. The Chamber represents 2,600 businesses of all types and sizes across Minnesota. It partners with local chambers to speak as one voice on critical issues that affect the economy. SL will attend the September meeting of the Small Business Committee to talk about SL, the tax gap and IRS products/services for small business. Pat Baird, Office of Secretary of State, a new partner with Stakeholder Liaison, is embarking on an effort to provide business information from all agencies to it’s customers. Many times, the first thing a new business does is register with the SOS followed by asking questions regarding the next steps to be taken. The SOS office handles 150 walk- in customers and 350 telephone calls each day. It is creating a mailer with contact information for all agencies and requested information from each. SL provided Pub 4591, Small Business Federal Tax Responsibilities. Several other agencies made arrangements to send their information to Pat. John Stiffen, MN Department of Labor and Industry, provided updates on several MN laws, including the MNOSHA Act, Minimum Wage Laws, Fair Labor Standards Act and the new Packing House Workers Bill of Rights. He requested that everyone provide him with contacts in the meat processing industry. Gary Johnson, MN Department of Employment and Economic Development Unemployment Insurance Program, provided updates on 2007 law changes. He also provided a brief overview of the Leveraged Employment Tax Workshops that are presented monthly by DEED, MNDOR, IRS Stakeholder Liaison and MN Worker’s Compensation. Worker classification is a topic covered at every workshop. A discussion of worker classification issues resulted in many of the attendees requesting the topic be addressed more fully by all of agencies at a future Roundtable. The IRS link for registering for the workshops is: http://www.irs.gov/businesses/small/article/0,,id=99125,00.html, which is in the Small Business Events section of the IRS website. An invitation was given to other agencies to participate in the monthly Leveraged ET Workshops and John Stiffen of MNDOLI indicated an interest. Roundtable Discussion: Kathy Flom of the MNDOR Withholding Division shared that they plan to make personal visits to small businesses in the Fall and would be willing to take along a one-page flyer of small business resources. SL followed up with Kathy Tom Larson of AccountAbility Minnesota asked Stakeholder Liaison to find out if taxpayers who received 1099s rather than W-2s can be sent to IRS Taxpayer Assistance Centers for help with completing a Form SS-8. SL followed up with Tom. Roger Belfay, Attorney, suggested that small businesses should be advised of the need for liability insurance. After the meeting John Svigel, DEED, shared two issues with SL regarding FUTA tax for LLCs and S-Corporation officers. SL met with John to discuss both issues. The next Roundtable will be March 27, 2008 and the name will likely be changed to Small Business Liaison Meeting in an effort to increase attendance by non-government agencies. Outcomes: Two attendees were subscribed to e-news for Small Businesses SL will contact the MN Attorney General’s office to facilitate a BSA presentation. An attendee will facilitate a BSA presentation to the MN Bar Association. SL will attend the September meeting of the MN Chamber Small Business Committee to talk about SL, the tax gap, IMRS and IRS products/services for small businesses. SL will provide Publication 4591, Small Business Federal Tax Responsibilities, to the Office of the MN Secretary of State for placement in a mailing to new businesses. The other agencies in attendance made arrangements to send their information to SOS. The registration link for the monthly Leveraged Employment Tax Workshops was sent to everyone. The agencies in attendance were invited to participate with DEED, DOR and IRS in the monthly Leveraged Employment Tax Workshops. The topic of Worker Classification was discussed and then requested by several attendees to be presented more fully by all of the agencies at a future SB Roundtable. SL partners with SBA to present Webinars. A potential future topic is Worker Classification, which would include presenters from several agencies.