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Minnesota legislative negotiators have task of raising $2 billion more taxes
By Danielle Killey Ten Minnesota lawmakers must decide exactly how to raise about $2 billion for the state, and they have plenty of work to do before the Legislature adjourns Monday. The joint House ...
Posted on 5/14/13 at 7:40 PM
Making the Case against Receiving a Federal Income Tax Refund
Millions of Americans celebrate receiving an income tax refund each year. Many of these same people live each month under the burden of financial hardship, struggling to make ends meet, often falling ...
Posted on 3/8/13 at 12:43 PM
Ready to file your taxes?
By Jessica Sly Its tax season! Are you ready to file? With three taxforms to choose from 1040EZ, 1040A and 1040 its easy to get confused. Not only are the forms difficultto plow through and under...
Posted on 3/1/13 at 3:31 PM
How to use your tax refund to get ahead this year
For many of us, tax season means money in the bank. Well, at least for a little while...until we spend it, right? If you are anticipating a refund this year, do you have a plan for what you will do wi...
Posted on 2/25/13 at 12:32 PM
Beijing Means Business
Here's a picture book for your eyes and minds highlighting some illegal entrepreneurs, the business district of bustling Beijing and Walmart in China. Enjoy! A common sight in Chinese cities are the...
Posted on 7/14/12 at 9:03 AM
Due date for property tax payments extended for resorts, seasonal businesses
With the unexpected late arrival of spring, resorts and other seasonal business owners have an additional two weeks to pay their first-half property taxes.May 30, 2013
Parents reminded to save receipts for school supplies
Despite a cold, snowy start to spring, summer is just around the corner and your children likely have several activities to keep them busy. The Minnesota Department of Revenue wants to remind parents that some activities, like academic camps, dance lessons, and summer tutoring, could qualify for a valuable K-12 tax credit on their 2013 Minnesota return.April 27, 2013
Higher tax proposed for married couples making $140,000 or more
Married Minnesota couples who make about $140,000 or more taxable income would pay higher income taxes under a tax plan offered by senators today.By Danielle Killey , April 23, 2013
How should state Legislature spend your tax dollars?
Communities across Minnesota should pressure lawmakers to support a public works funding bill, its House sponsor says.By Don Davis , April 12, 2013
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Department of Revenue offers tips as income tax filing deadline approaches
The April 15 filing deadline is less than a couple weeks away, so the Minnesota Department of Revenue is offering helpful tips for taxpayers when filing their income taxes.April 06, 2013
Avoid these tax errors
April 15 is the deadline to file your 2012 tax return and the IRS says if you haven't filed yet, take your time because a mistake may delay your refund.April 04, 2013
Minnesota now offers free electronic filing for property tax returns
The Minnesota Department of Revenue reports that most homeowners can now file for their property tax refund on its website for free.March 26, 2013
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Dayton strikes out sales tax plan, keeps additional spending in plan
Gov. Mark Dayton scaled back his tax requests today after hearing from the public, businesses and legislators that they were not keen on expanding the sales tax to most goods and services.By Don Davis , March 14, 2013
Tax filing deadline is this week for S corporations
March 15 is the tax filing deadline for S corps with fiscal year ending December 31. S corps are “flow-through” entities, meaning the corporation is not taxed, but instead the owners are taxed while reaping the legal benefits of incorporation.March 11, 2013
Department of Revenue releases 2013 tax incidence study
The Minnesota Department of Revenue recently released the 2013 Tax Incidence Study based on tax year 2010 data and November 2012 forecast. The study is a measure of overall burden, or effective rate, of Minnesota’s state and local taxes based on income levels.March 04, 2013
Hundreds of free tax preparation sites now open across Minnesota
This week, more than 250 sites across Minnesota are opening their doors to offer taxpayers free assistance with filing their income tax and property tax refund returns.February 14, 2013
Report examines tax increment financing in Minnesota
The total number of TIF districts certified in 2011 increased by 72 percent compared to 2010. The number of economic development districts certified increased from 12 to 33.February 11, 2013
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Earned Income Tax Credit could put more money in your pocket
The Earned Income Tax Credit (EITC or EIC) may sound complicated, but it’s actually a simple concept designed to assist working families.December 23, 2012
Smaller paychecks, late filing await taxpayers in January
New Year joy could quickly turn into January sticker shock for taxpayers surprised by smaller paychecks and little chance of getting tax refunds in January.December 02, 2012
Interest rate on unpaid state taxes, overdue refunds unchanged for 2013
Minnesota Department of Revenue Commissioner Myron Frans announced this week that in 2013, taxpayers will pay a 3 percent interest rate on delinquent state tax payments. This rate has remained the same since 2010.November 29, 2012
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