ST. PAUL, Minn. - Governor Tim Walz recently signed legislation that directs the Minnesota Department of Revenue to distribute direct tax rebate payments to eligible taxpayers. These payments are:
If you are a tax preparer who is required to file Minnesota tax returns electronically, you must pay a $5 paper-filing fee for each original return filed on paper that could have been e-filed.
Bonus depreciation is a federal tax deduction that allows businesses to immediately deduct a large percentage of the purchase price of eligible assets.
The 2023 legislative session resulted in a number of changes to Minnesota's tax code, including some that affect previous tax years. Major changes are summarized below. Individuals