To promote productive land use and address vacant property, lawmakers should enable cities to tax land value over property ...
Minnesota lawmakers are under pressure to extend tax breaks for data centers as the ... cooling and energy equipment and electricity use. These data centers are for big companies, such as Land ...
Choose the filing status you use when you file your tax return Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses ...
Minnesota is on the verge of a historic tax policy change that could reshape the professional services landscape. Under ...
Minnesota has a progressive tax system, and has enacted recent policy changes that benefit low- to moderate-income households. Under a progressive tax policy, low-income families are taxed at a ...
Tax season is underway, and Minnesotans who have filed may be eager to know the status of their state refund. The Minnesota Department of Revenue has a website available for all taxpayers who have ...
Minnesota’s economists are expecting a slight worsening in projected tax collections in the next two-year budget, and an already looming deficit in later budgets got even more looming.
The Minnesota child tax credit is worth up to $1,750 per child ... The proposed expanded federal child credit would also allow taxpayers to use prior year income to determine the credit amount.
The proposed budget would shift some costs to Minnesota counties, potentially leading to property tax increases. A significant portion of the savings would come from establishing a 5% county share ...
Some calculators may use taxable income when calculating the average tax rate. This calculator estimates the average tax rate as the state income tax liability divided by the total gross income.
In a post on X Thursday morning, Minnesota Management and Budget said the upcoming two-year budget is expected to have a $456 million surplus, which is $160 million lower than prior estimates. And the ...