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.
Minnesotans have until Feb. 15 to sign up for health care insurance or pay a tax penalty. And this year, that penalty could really sting. According to MNsure, the state’s health care exchange, the 2015 penalty for not buying insurance coverage is:
Hump Day version of the WCCO Morning News…Click the link above to listen to things you may have missed.
Tragic story out of New Hope….that story and others today with Dave Lee
Quickly adopted tax legislation that provides breaks to tens of thousands of Minnesota taxpayers is now law. Gov. Mark Dayton signed the bill Saturday when it landed on his desk. Lawmakers gave it final approval late last week.
senate Republicans want to ditch Minnesota’s tax on Social Security checks. Minnesota is one of just seven states that apply an income tax to Social Security. Seniors who make less than $25,000 a year are exempt.
Gov. Mark Dayton will seek approval for an expanded child care tax credit that would extend the benefit to 92,000 more Minnesota families.
The tax filing season officially opens on Tuesday, and this year there are a number of potentially big changes of which citizens need to be aware. For the first time under the Affordable Care Act, most Americans will have to certify that they had health insurance coverage in 2014 to avoid a tax penalty.
A new report from Oxfam International finds that by 2016, the top one percent of people will own 50 percent of the world’s wealth. That’s up from 44 percent in 2009.
Packers fans still in shock over the NFC Title Game….hear Mike Max discuss it by clicking the link above.