State of Minnesota Reports $941 Million Budget Boost
Minnesota ended its last fiscal year with nearly $1 billion more than predicted in its general fund account.
taxes
Minnesota Tax Revenues Exceed Forecast by 4.2% in August
Higher than expected income tax payments accounted for most of the increase.
July Tax Receipts in Minnesota Lag Behind Forecast
It was the first month of the new fiscal year for the State of Minnesota.
Minnesota Ends Fiscal Year $850M Over Revenue Forecast
Higher-than-expected income tax payments paved the way.
MN April Tax Revenues Top Forecast by $391M - Led by Income Tax
The positive report was issued as the State Legislature and the Governor are attempting to negotiate the next state budget.
Minnesotans Could Be Sitting On a $1,000+ Refund and Not Know It
Many Minnesota residents are eligible to receive up to $3,000.
Minnesota February Tax Collections Were 10% Higher Than Expected
The positive report followed a recently released revenue forecast that predicts a nearly $6 billion budget deficit.
Identify Sneaky IRS Scams With These Two Surefire Tricks
Do these two things before you even consider handing over money.
Minnesotans Will Be Paying More For Gas In '25
Minnesota residents to pay 3 cents more per gallon due to gas tax hike in 2025, bringing the total rate to 31.8 cents. Revenue funds highway projects.
Need Gas? Avoid These States If You Are On A Summer Road Trip
Yesterday several states increased their gas taxes, Minnesota was NOT one of those states, but several of our Midwest neighbors did.
The Irony of Rudy Gobert Getting Fined For His ‘Money’ Gestures
The money gestures are actually saving him some money...in taxes
Local Senator Authors Bill To "Zero Out" MN's First Tax Bracket
Currently, unmarried individuals and spouses are taxed at 5.35% for the first rate. Basically, everyone would benefit from zeroing out this rate.