There’s a week left for Minnesota troops and veterans to file for a tax credit designed to recognize their combat service. About 2,200 still hadn’t filed for the refundable tax credit as of last week, according to the Minnesota Department of Revenue.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
State lawmakers want to give Minnesota businesses tax credits for hiring veterans.
The Minnesota has passed a Republican-sponsored bill to reduce and ultimately eliminate state property taxes on businesses, but which Democrats criticized for shifting money away from a tax credit for renters.
Gov. Mark Dayton says he’ll try to pare back an overseas corporate tax break to finance a tax credit he wants for Minnesota companies that hire veterans, students or the currently unemployed.
Minnesota Gov. Mark Dayton will ask lawmakers to spare city and county governments from state payment cuts in hopes of avoiding property tax increases, a Capitol official familiar with the decision told The Associated Press on Monday.