As Minnesota lawmakers scrambled Sunday to piece together the state’s next budget before a fast-approaching deadline, the impact of the roughly $41.5 billion package on the states’ residents started coming into focus.
North Dakota’s taxable sales and purchases — a key indicator of economic activity in the state — rose 11 percent in 2014 to a record $28.2 billion, the state tax commissioner said Tuesday.
Minnesota budget negotiations entered a holding pattern Tuesday, with each side urging the other to take the first step to bridge an enormous divide over tax cuts and transportation funding that has narrowed little through days of private meetings.
It’s Tax Day! April 15 has finally come, which means taxes are due. But if you still need to file, or need to get an extension, the IRS has some tips to help you.
The upside of Wednesday’s tax deadline is the freebies. Whether you owe money or you’re celebrating a return, ease your tax pain with these freebies and discounts.
Minnesota has kept up a run of financial good fortune with $100 million more in tax collections in February and March than forecasters predicted. A report Friday from the Department of Minnesota Management and Budget said the additional revenue topped projections by 4.6 percent.
Tax breaks can make raising children a little more affordable.
They knew it was coming, but that didn’t make a new soda tax in Berkley, California any easier to swallow. The goal of the law was to cut down on health problems linked to sugary soda.
As of March 20, 57 percent of American taxpayers filed their federal taxes. Just about 80 percent received a refund. The average federal refund amount is $3,038. That refund rate is expected to drop slightly as we head closer to April 15.
Tax professional Gail Rosen, CPA, shares her secrets for making tax season as painless as possible.
Don’t miss out on some valuable tax credits and deductions. Here are a few of the most commonly missed credits, which could end up saving you a bundle.
Learn how the Affordable Healthcare Act, and whether or not you have insurance, will impact the way you do taxes this year.
If you recently said “I do” then you have more to consider when it comes to filing your tax return. Here are a few tips to help you get started.
Welcome, students, to taxes for recent graduates 101.
It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
The Minnesota Department of Revenue wants to set you up with one of hundreds of tax preparers who can help you get your taxes filed for free. If you are 60 or older, have a disability, speak little to no English or make $53,000 a year or less, you qualify for free tax preparation.
Minnesota revenue collections have shattered expectations yet again. February saw $43 million more than finance officials were banking on. Figures released Tuesday by the Department of Minnesota Management and Budget said that amount was 5.7 percent ahead of projections.
Here are three things you can still do now — before filing your 2014 return — that can lower your taxes even more.
As the IRS budget continues to be cut, its services are collapsing.
If you haven’t already begun, now’s the time to prepare for filing your 2014 tax returns.
If you haven’t done so already, you might be gathering up all the paperwork you’ll need to send your money off to Uncle Sam.
Minnesotans will once again be able to file electronic tax returns with Turbo Tax as of 3 p.m. Saturday, according to the Minnesota Department of Revenue. The parent company of Turbo Tax, Intuit, had temporarily suspended e-filing in all states after concern of fraud arose when two Minnesota users reported that someone had already filed under their name.
Minnesotans aren’t the only ones who can’t file their state tax returns through TurboTax. The company is now temporarily suspending e-filing in all states over fraud concerns. On Thursday, the Minnesota Department of Revenue announced it would stop accepting the state returns from filers using TurboTax.
The Minnesota Department of Revenue has stopped accepting tax returns filed using Intuit’s TurboTax individual software because of potential fraud.