Most people want to minimize their tax obligations. For families trying to transfer their farm business to the next generation, some basic understanding of these tax ...
Agricultural Productions Systems McLeod/Meeker counties The University of Minnesota Extension will present “Farm Transition & Estate Planning: Building Your Exit ...
and sales tax rates are on the high end when compared to other states. Additionally, Minnesota has an estate tax that applies to estates over $3 million, which is a lower threshold than for ...
If you qualified for a property tax refund on your 2023 tax filings, the Minnesota Department of Revenue's website has all of the information you'll need to track it down if the refund hasn't yet ...
Robert Holcomb, who works in the Ag Business Management department at the University of Minnesota Extension, recently led a tax planning ... doing a farm estate transfer plan or anything.
Glen Hjelle’s farm ... a different tax bracket, all the money he threw at us.” Whether the federal government could unleash those payments again remains an open question. Minnesota producers ...
The 2017 Tax Cuts and Jobs Act (TCJA) introduced significant changes to Federal individual income and estate tax policies, including a temporary increase in the estate tax exemption amount from $5 ...