With the federal government shutdown entering its second month, the Minnesota Department of Revenue reminds those impacted of the various options available to lessen the negative effects ...
It's confirmed. The IRS will tax state rebates sent to many Minnesota residents last year. These rebates, commonly known as "Walz checks," were worth up to $1,300 in some cases and were a result of a ...
The Internal Revenue Service says the nearly $1 billion in state tax rebates sent to more than 2 million Minnesotans last fall will be subject to federal income taxes, despite pleas from state ...
Minnesota won't tax the rebate checks that were sent to households this fall, but the federal government will. The IRS recently determined the checks will be considered federally taxable income, ...
MinnPost’s reporting is free every single day, but it isn’t free to produce. Join 4,800 members with a donation right now. Two sets of changes to the Minnesota tax code last year — one aimed at high ...
Minnesota homeowners who’ve enjoyed years of rising home values may face an unexpected consequence when they sell: a tax bill they never anticipated. Nearly a quarter of homeowners in the state now ...