With careful planning, you may find yourself paying the IRS much less than you have in years past.
Newlyweds are often confused about the best type of filing for their particular situation as well as the legalities involved. If you want to enjoy the lowest tax rate possible, you’ll need to do your homework, starting with these considerations.
When it comes to figuring your taxes, should you rely on software or turn to a pro?
Forget the stress of tax season by using one of these e-filing programs.
Save money — and maximize your refund — with these tips for doing your taxes all on you own.
Minnesota property taxes owed this year are mostly static once refunds and credits are factored in, state officials said Friday, despite their earlier prediction that those taxes would drop considerably. A Department of Revenue analysis shows a net $8 million drop in a property tax system that generates $8 billion a year.
Democrats who control Minnesota’s House and Senate agree a $1.2 billion surplus is likely to make for an easier legislative session, but there’s not agreement yet on how much to spend, save or rebate to taxpayers. House Speaker Paul Thissen says he wants to move quickly on more than $500 million in tax relief.
A tantalizing Minnesota budget surplus has stirred talk of tax cuts or funding bumps for prized programs and infrastructure upgrades, but a less-flashy option also has gained some currency: saving some to prepare for the next economic downturn.
Gov. Mark Dayton is urging final action by mid-March on a package of tax breaks and the repeal of some recently adopted business taxes.
Voters in Wayzata, Minn. are going to the polls Tuesday to deciding if they should expand the high school, build an elementary school and upgrade safety, security and technology districtwide. The district believes a bigger high school is needed because so many people have moved to the Wayzata area.
Every year, the IRS receives 240 million tax returns. The Minnesota Department of Revenue processes 2.7 million returns. On Friday, WCCO viewer Brian from Shakopee was surprised when both the state and federal governments approved his filing within hours. He has a Good Question for us: Does an actual person actually read over tax forms, or does a computer program scan it for errors? According to Terri Steenblock, the assistant commissioner of individual taxes with the Minnesota Department Revenue, the answer can be both.
Minnesota taxpayers might have thought the Vikings stadium debate was behind them, but there may be another controversy brewing.
A 64-year-old Minnetonka man has been accused of stealing clients’ refund money while working as a tax preparer, the Minnesota Department of Revenue announced Wednesday.
We are just a few days into tax filing season. Though most people probably haven’t gotten their taxes done quite yet, WCCO took look into answering one of the most common questions. Tax season was delayed a few weeks, but the deadline is still April 15.