#47: New Minnesota Tax Law Changes with Matt Klein and Zach Deo

In Episode 47 of the Olson Thielen Q&A Over Coffee podcast, host Tom Pesch sits down with Tax Principal Matt Klein and Tax Director Zach Deo to break down the most important provisions in Minnesota's 2026 Tax Bill, signed into law on May 27th. The conversation covers the last-minute extension of the Minnesota Pass-Through Entity (PTE) Tax through 2027, including Q1 estimated payment relief for businesses caught in the uncertainty, and unpacks the significant changes to Section 174 R&D expensing and the Minnesota R&D, including expanded refundability and updated conformity rules for pass-through entities. The episode also touches on bonus depreciation conformity changes. Whether you're a business owner, partner, or S corp shareholder, this episode gives you the clarity you need to plan smart for the rest of 2026.