Talking Points: The Looming Budget BattleThe Minnesota legislative session is already framing up as a battle over proposed spending cuts by Republicans and proposed tax increases by Gov. Tim Walz. While partisan politics will impact the outcome, so will factors that are now impossible to predict.
Everything You Need To Know Before Filing Your Income Taxes This YearThis year the IRS will start accepting tax returns in mid-February. But there are a few changes this year that you should know about.
Gov. Walz's 2-Year, $52B Budget Proposal Calls For Income Tax Hike For Those Earning $1M+Minnesota Gov. Tim Walz has released his two-year budget proposal, saying his package bolsters his education plan and offers economic relief for small businesses and families hurt by the COVID-19 pandemic.
Stimulus Check Update: How Much Money Will New Parents Receive?Parents of children born in 2020 are eligible for stimulus payments covering their dependents, if they meet the income requirements.
Tax Day Moved To July 15, Treasury Secretary Mnuchin SaysAmericans will have an additional three months to file their taxes amid the coronavirus pandemic, the US Treasury Secretary said on Friday.
New Property Tax Classification Has Some Minnesota Cabin Owners ScramblingAfter the explosion of the VRBO and Airbnb market, Minnesota's Department of Revenue told all 87 County Assessors to clarify vacation rentals, pushing the tax class to commercial property.
St. Paul Considers Sales Tax HikeConversations are underway in St. Paul that could affect anyone who eats or shops in the city.
Income Tax Filing Season Begins MondayTaxpayers have until Wednesday, April 15 to file and pay their taxes.
Lawmaker Seeks Compromise On Property Tax Classification That Could Cost Cabin Owners BigMinnesota Sen. Tom Bakk finds himself in the middle of a controversy that he hopes will be sorted out at the State Capitol.
'It Is Very Concerning': Tax Increase Could Have Some Minnesota Cabin Owners Paying Triple For Their PropertyA change in the new year could have some Minnesota cabin owners paying triple for their property.
Loss In Trust Account Tax Case Could Cost Minnesota MillionsA court defeat in a case over the way Minnesota taxed trust accounts in other states could end up costing about $130 million this budget cycle.