Tag: tax

Proposed Legislation in the House Tax Committee Would Address Workforce Shortage

St. Paul, MN — To help meet the needs of the current workforce shortage and to retain and attract more young families, the Tax Committee in the Minnesota House of Representatives has proposed legislation aimed at addressing that situation. The Tax Committee has a hearing this week to discuss a bill aimed at expanding the…
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February 14, 2022 0

Tax Chair Representative Marquart Discusses House Omnibus Tax Bill

St. Paul, MN — The Minnesota House of Representatives passed their omnibus tax bill on party line vote to move it on to the Ways and Means Committee. The bill would provide about $4.2 billion in property tax refunds, aids, and credits that Tax Committee Chair Representative Paul Marquart says will provide relief for Minnesota…
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April 12, 2021 0

Beginning Farmers in Minnesota have Tax Break Available in 2021

St. Paul – The Minnesota Department of Agriculture‚Äôs (MDA) Rural Finance Authority is now accepting applications for a tax credit for the sale or lease of land, equipment, machinery, and livestock in Minnesota by beginning farmers. To qualify, the applicant must be a Minnesota resident with the desire to start farming or who began farming…
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January 3, 2021 0

Polk County Property Valuation on the Rise; CARES Funding Update

By Mark Askelson markkrjb@loretel.net (10/20/20) Fosston, MN — The Polk County Board of Commissioners set their preliminary tax levy at the end of September at approximately $25.5 million, which is an increase of just under 5%. The preliminary tax levy can be decreased, but not increased, before the final levy is set in December. While…
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October 20, 2020 0