taxes
It’s tax season. Tax forms usually start to arrive at the libraries in January. Minnesota Income and Property tax booklets and forms have begun to arrive. East Central Regional Library has received notice that, due to budget cuts in the 2015 Omnibus Appropriations Bill recently passed by Congress,...Read More
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County assessor explains valuations Barbara Johnson, the owner of the Grant House Hotel & Eatery in Rush City since 2012, said she was taken aback when she received her statement for taxes payable on the business in 2015. The area on which the Grant House resides is divided into three parcels. O...Read More
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The Internal Revenue Service is providing late-payment penalty relief to individuals and businesses requesting a tax-filing extension because they are attaching to their returns any of the forms that couldn’t be filed until after January. The relief applies to the late-payment penalty, normally 0....Read More
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by Jason Alderman Congress could well debate the debt ceiling, tax reform and other important economic issues until the cows come home, but one thing’s for sure: If you don’t pay your income taxes – or at least file for an extension – by April 15, you could be in for a world of financial [.....Read More
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Minnesota has adopted most federal tax changes enacted by Congress for the 2012 tax year under a new law signed by Gov. Mark Dayton. The changes will provide $18.5 million in tax benefits to Minnesotans. Conforming to federal tax law also helps provide clear and consistent rules that help reduce tax...Read More
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All taxpayers have a fast, safe and free option when it comes to preparing their own federal taxes. It’s called Free File, and it’s available only at IRS.gov. Free File offers brand-name tax software to people who earned $57,000 or less last year, which is 70 percent of all taxpayers. For those ...Read More
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