Mark Your Calendars: Important Financial Dates in 2023
Sure, we are just starting the fourth quarter of 2022, but it always seems like October is a hop, skip and a holiday away from [...]
Planning Ahead: Tips to Prepare for 2023 Tax Filings
As the final tax filing deadlines of 2022 approach, it is time to start thinking about, and preparing for, 2023. While this may seem a [...]
Save Your School Supply Receipts and Save on Your Taxes
The Minnesota Department of Revenue reminds you that many school supply purchases may qualify for valuable K-12 tax benefits on your 2022 Minnesota income tax [...]
Student Loan Forgiveness and Higher Education Tax Credits
Student Loan Forgiveness Update Here are a few details of the proposed program: Who qualifies and for what level of forgiveness? The plan applies to federal [...]
Does the Error by the MN Department of Revenue Affect Your Tax Filings?
The MN Department of Revenue discovered an error in the instructions for tax years 2019 and 2020 that they are now attempting to correct. With [...]
Major Changes to Minnesota Unemployment Insurance Tax Rates for 2022
Employers have begun receiving their 2022 state unemployment notices and the rates are increasing significantly due to the high number of claims over the last [...]
The 1099 filing deadline is right around the corner. Are you ready?
As the new year approaches, we will soon find ourselves closing in on the 1099 filing deadline. If you made payments in the course of [...]
Preparing To File Taxes in 2022
On December 1, 2021, the Internal Revenue Service (IRS) issued a news bulletin with tips for taxpayers on preparing to file their 2021 tax returns [...]
TAX UPDATE: MN Pass-Through Entity Tax
Overview On July 1st, 2021, MN passed a new, elective, pass-through entity (PTE) tax effective for tax years beginning after December 31, 2020. This law [...]
