50+ Messages / Page

  Minnesota Department of Revenue · [email protected]
May 15, 2025 at 6:12 PM

Military Appreciation Month – Claim a Subtraction for Military Pensions

Military Appreciation Month – Claim a Subtraction for Military Pensions You may be able to subtract certain military retirement pay, including pensions, from your Minnesota taxable income and alternative minimum taxable income. Do I qualify? You may qualify if your retirement pay is t…
  Minnesota Department of Revenue · [email protected]
May 15, 2025 at 3:38 PM

Tax Professional Tip #20 – 2025 Filing Season Update

Tax Professional Tip #20 – 2025 Filing Season Update This is the last tax pro tip in this series for 2025. See you next year! Congratulations on completing another successful filing season! As professional tax preparers, you filed almost 63,000 more returns this year. Over 176…
  Minnesota Department of Revenue · [email protected]
May 12, 2025 at 3:20 PM

Register for One of Our Business Income Tax Webinars

Register for One of Our Business Income Tax Webinars The Corporate Franchise Tax Division is offering two business income tax webinars for tax professionals and business owners this summer. Pass-Through Entity Tax This webinar will cover the PTE election and related topics. S Corporat…
  Minnesota Department of Revenue · [email protected]
May 12, 2025 at 2:06 PM

Distributor Cigarette Tax and Tobacco Tax Returns Due May 19

Distributor Cigarette Tax and Tobacco Tax Returns Due May 19 Distributor Returns due May 19 Your April return and payment for Cigarette Tax or Tobacco Tax are due May 19.  Remember that you can file your return and pay any tax due electronically through e-Services. Requirements for Ju…
  Minnesota Department of Revenue · [email protected]
May 8, 2025 at 7:46 PM

Military Appreciation Month – Claim Your 2021 Combat Zone Tax Credit

Military Appreciation Month – Claim Your 2021 Combat Zone Tax Credit The Minnesota Department of Revenue reminds Minnesota service members to take advantage of the refundable Credit for Military Service in a Combat Zone. The 2021 credit expires for most qualifying service members on O…
  Minnesota Department of Revenue · [email protected]
May 8, 2025 at 3:37 PM

Tax Professional Tip #19 – What to do When a Letter Arrives

Tax Professional Tip #19 – What to do When a Letter Arrives Getting a letter from the Minnesota Department of Revenue can be stressful. If your clients receive a letter from us: Read the entire letter carefully. Most letters deal with a specific issue and provide instructions on wha…
  Minnesota Department of Revenue · [email protected]
May 7, 2025 at 4:43 PM

Join us Monday, May 19 for a Withholding Tax Employer Responsibilities webinar

Join us Monday, May 19 for a Withholding Tax Employer Responsibilities webinar 5/19, 10 AM-12 PM CDT Want to learn more about Minnesota Withholding Tax and your responsibilities as an employer? The Minnesota Department of Revenue is holding free webinars designed for busine…
  Minnesota Department of Revenue · [email protected]
May 6, 2025 at 7:52 PM

Advance Payments Welcome Letter

Advance Payments Welcome Letter The Minnesota Department of Revenue is sending a welcome letter to taxpayers who chose advance payments of their Child Tax Credit. The letter includes information about how to change or stop payments, repayment situations, and more. If I have a Power of…
  Minnesota Department of Revenue · [email protected]
May 5, 2025 at 6:04 PM

We still have room! Join us in Willmar on May 14th for an employment tax seminar

We still have room! Join us in Willmar on May 14th for an employment tax seminar Brainerd 6/5, Alexandria 7/10 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-person seminars fo…
  Minnesota Department of Revenue · [email protected]
May 1, 2025 at 8:28 PM

May is National Military Appreciation Month!

May is National Military Appreciation Month! In honor of National Military Appreciation Month, the Minnesota Department of Revenue reminds military members and their families about Minnesota’s valuable military-related tax benefits. We will send weekly messages throughout the month to…
  Minnesota Department of Revenue · [email protected]
May 1, 2025 at 2:00 PM

Tax Professional Tip #18 – Filing Amended Returns

Tax Professional Tip #18 – Filing Amended Returns You must file an amended Minnesota return on Form M1X if any of these apply: An error is discovered on your client’s Minnesota return The IRS made changes to your client’s federal return You amend your client’s federal return What sh…
  Minnesota Department of Revenue · [email protected]
April 25, 2025 at 3:02 PM

Notification of Local Sales and Use Tax Changes for Third Quarter 2025

Notification of Local Sales and Use Tax Changes for Third Quarter 2025 Beginning July 1, 2025, the following new local taxes are administered by the Department of Revenue:   Roseville Sales and Use Tax 0.5%  East Grand Forks Sales and Use Tax 1.0% Beginning July 1, 2025, the followi…
  Minnesota Department of Revenue · [email protected]
April 24, 2025 at 1:36 PM

Tax Professional Tip #17 – Taxpayer Rights Advocate Office

Tax Professional Tip #17 – Taxpayer Rights Advocate Office If your client is having trouble resolving a tax issue with the Minnesota Department of Revenue and they have tried all other solutions, the Taxpayer Rights Advocate Office may be able to help explain the options available to …
  Minnesota Department of Revenue · [email protected]
April 23, 2025 at 7:51 PM

New Course – Fundamentals of Minnesota Tax Preparer Regulations

New Course – Fundamentals of Minnesota Tax Preparer Regulations NEW! Subscribe to our new Tax Pro Education email list! You’ll hear all about education opportunities available through the Department. The Minnesota Department of Revenue is excited to announce the launch of our new Tax …
  Minnesota Department of Revenue · [email protected]
April 22, 2025 at 7:03 PM

Join us in Edina or Willmar in May for an employment tax seminar

Join us in Edina or Willmar in May for an employment tax seminar Edina 5/8, Willmar 5/14, Brainerd 6/5 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-person seminars for employ…
  Minnesota Department of Revenue · [email protected]
April 17, 2025 at 6:51 PM

Tax Professional Tip #16 – Preparer Data Breaches

Tax Professional Tip #16 – Preparer Data Breaches QUICK REMINDER: Now that the filing deadline has passed, please remember your responsibility as a Minnesota taxpayer to file your own return and pay your own tax in a timely manner. While your clients’ returns are important, your retur…
  Minnesota Department of Revenue · [email protected]
April 16, 2025 at 4:02 PM

New Cannabis Publications for Sales and Use Tax

New Cannabis Publications for Sales and Use Tax The Minnesota Department of Revenue added these new resources on our website for cannabis businesses. Cannabis Guide This guide was developed to help cannabis businesses learn their Sales and Use Tax obligations. Cannabis Business Tax Pa…
  Minnesota Department of Revenue · [email protected]
April 11, 2025 at 2:02 PM

Distributor Cigarette Tax and Tobacco Tax Returns Due April 18

Distributor Cigarette Tax and Tobacco Tax Returns Due April 18 Distributor Returns Due April 18 Your March return and payment for Cigarette Tax or Tobacco Tax are due April 18. You can file your return and pay any tax due electronically through e-Services. Questions? Contact us at cig…
  Minnesota Department of Revenue · [email protected]
April 10, 2025 at 1:42 PM

Tax Professional Tip #15 – Last Minute Suggestions

Tax Professional Tip #15 – Last Minute Suggestions The April 15 filing deadline is fast approaching. In Minnesota, you do not file an extension form for returns. The late filing penalty applies for returns filed after October 15, 2025. The late payment penalty and interest applies for…
  Minnesota Department of Revenue · [email protected]
April 9, 2025 at 7:45 PM

Minnesota First Quarter Withholding Tax Returns Due April 30

Minnesota First Quarter Withholding Tax Returns Due April 30 The first quarter Minnesota Withholding Tax return is due April 30, 2025. This is for January through March 2025. Deposits are due according to your semiweekly or monthly deposit schedule. Deposit Exception You may make your…
  Minnesota Department of Revenue · [email protected]
April 8, 2025 at 6:32 PM

Sales and Use Tax Webinars!

Sales and Use Tax Webinars! The Minnesota Department of Revenue is offering the following webinars in April and May. Introduction to Sales and Use Tax Wednesday, April 16, 2025, 9 to 11:30 a.m. Central Time This course is an introduction to sales and use taxes in Minnesota. The purpose o…
  Minnesota Department of Revenue · [email protected]
April 3, 2025 at 2:51 PM

Tax Professional Tip #14 –Income Tax Penalties and Interest Rates

Tax Professional Tip #14 –Income Tax Penalties and Interest Rates The Minnesota Department of Revenue assesses penalties and interest on income tax returns. It’s important to understand these penalties and when we charge them.  Type of Penalty When It Applies Late Filing Y…
  Minnesota Department of Revenue · [email protected]
April 2, 2025 at 8:29 PM

We still have room! Join us in Grand Rapids on April 25 for our employment tax seminar

We still have room! Join us in Grand Rapids on April 25 for our employment tax seminar Edina 5/8, Willmar 5/14, Brainerd 6/5 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-pers…
  Minnesota Department of Revenue · [email protected]
April 2, 2025 at 3:53 PM

Fiduciary Returns Due April 15 for Calendar Filers

Fiduciary Returns Due April 15 for Calendar Filers Reminder 2024 tax returns for fiduciary calendar year filers are due April 15, 2025. You must file a return even if you report no tax due. If you have already filed your return, please disregard this message. Need help? Visit our web…
  Minnesota Department of Revenue · [email protected]
April 1, 2025 at 3:04 PM

Partnership and S Corporation Estimated Payments Due April 15

Partnership and S Corporation Estimated Payments Due April 15 Reminder A partnership or S corporation must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more: Minimum fee Nonresident withholding Composi…
  Minnesota Department of Revenue · [email protected]
April 1, 2025 at 3:04 PM

Fiduciary Estimated Payments Due April 15

Fiduciary Estimated Payments Due April 15 Reminder A fiduciary must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more: Fiduciary income tax Composite income tax Quarterly estimated payments are due fo…
  Minnesota Department of Revenue · [email protected]
March 27, 2025 at 2:09 PM

Tax Professional Tip #13 – Filing for Deceased Taxpayers

Tax Professional Tip #13 – Filing for Deceased Taxpayers When a client or their family member passes away, it can change their tax filing situation and needs. The Minnesota Department of Revenue has many resources to help you file for deceased taxpayers. Guidance for filing final ret…
  Minnesota Department of Revenue · [email protected]
March 24, 2025 at 7:12 PM

Reminder: W-4MN is a Required Form

Reminder: W-4MN is a Required Form Now available in Spanish! Employers must use Form W-4MN to determine the amount of Minnesota tax to withhold from an employee’s paycheck. Federal Form W-4 no longer determines allowances for Minnesota withholding. Employees must complete both…
  Minnesota Department of Revenue · [email protected]
March 20, 2025 at 4:37 PM

Tax Professional Tip #12 – Return Verification and Identity Verification Letters

Tax Professional Tip #12 – Return Verification and Identity Verification Letters The Minnesota Department of Revenue takes extra steps to protect your clients’ identities. If your client receives either of these letters, ask them to complete the steps in the letter as soon as possible…
  Minnesota Department of Revenue · [email protected]
March 18, 2025 at 4:59 PM

Openings available for S Corporation and Partnership Basics webinars

Openings available for S Corporation and Partnership Basics webinars The Minnesota Department of Revenue is offering a free, one-hour S Corporation and Partnership Basics class for business owners and tax professionals. What does this webinar cover? This class focuses on partnership a…
  Minnesota Department of Revenue · [email protected]
March 14, 2025 at 3:08 PM

Join us in Grand Rapids on April 25 for our employment tax seminar

Join us in Grand Rapids on April 25 for our employment tax seminar Other dates: St. Cloud 3/26, Edina 5/8 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-person seminars for emp…
  Minnesota Department of Revenue · [email protected]
March 13, 2025 at 2:19 PM

Tax Professional Tip #11 – Form M1PR Changes for Homeowners

Tax Professional Tip #11 – Form M1PR Changes for Homeowners With renters now claiming the Renter’s Credit on Form M1 and Schedule M1RENT, look for these changes to Form M1PR for homeowners: Schedule M1PR-AI has been replaced with the expansion of Line 6 on Form M1PR. There is now spa…
  Minnesota Department of Revenue · [email protected]
March 11, 2025 at 2:07 PM

Distributor Cigarette Tax and Tobacco Tax Returns Due March 18

Distributor Cigarette Tax and Tobacco Tax Returns Due March 18 Distributor Returns Due March 18 Your February return and payment for Cigarette Tax or Tobacco Tax are due March 18. You can file your return and pay any tax due electronically through e-Services. Revised Forms for 2025 Sa…
  Minnesota Department of Revenue · [email protected]
March 7, 2025 at 5:04 PM

Reminder: e-Services and other online services unavailable TODAY

Reminder: e-Services and other online services unavailable TODAY Regular deadlines for filing and paying taxes still apply. e-Services and other online services unavailable TODAY Due to scheduled maintenance, our e-Services system and other online services will be unavailable …
  Minnesota Department of Revenue · [email protected]
March 6, 2025 at 3:36 PM

Tax Professional Tip #10: Renter’s Credit FAQs

Tax Professional Tip #10: Renter’s Credit FAQs We created a new webpage, Renter's Credit FAQs, to answer the most common questions about the new Renter’s Credit. This page can help you when completing Schedule M1RENT. Our 2025 Annual Tax Pro Webinar Q&A Document has additional gui…
  Minnesota Department of Revenue · [email protected]
March 5, 2025 at 5:19 PM

Join us next Tuesday, March 11 for a Withholding Tax Employer Responsibilities webinar

Join us next Tuesday, March 11 for a Withholding Tax Employer Responsibilities webinar Want to learn more about Minnesota Withholding Tax and your responsibilities as an employer? The Minnesota Department of Revenue is holding free webinars designed for business owners, tax and pay…
  Minnesota Department of Revenue · [email protected]
March 3, 2025 at 12:29 PM

C corporation Quarterly Estimated Payment Due March 17

C corporation Quarterly Estimated Payment Due March 17 C corporations must make quarterly estimated tax payments if their Corporation Franchise Tax liability exceeds $500 for the year. C corporation estimated payments are due: March 15 June 15 September 15 December 15 How can I make…
  Minnesota Department of Revenue · [email protected]
March 3, 2025 at 12:26 PM

Partnership and S Corporation Returns Due March 17 for Calendar Filers

Partnership and S Corporation Returns Due March 17 for Calendar Filers 2024 tax returns for partnership and S corporation calendar year filers are due March 17, 2025. You must file a return even if you report no tax due. If you have already filed your return, please disregard this mes…
  Minnesota Department of Revenue · [email protected]
February 28, 2025 at 4:04 PM

Reminder: e-Services and other online services unavailable Friday, March 7, 2025

Reminder: e-Services and other online services unavailable Friday, March 7, 2025 Regular deadlines for filing and paying taxes still apply. e-Services and other online services unavailable Friday, March 7, 2025 Due to scheduled maintenance, our e-Services system and other onli…
  Minnesota Department of Revenue · [email protected]
February 27, 2025 at 8:39 PM

2024 Minimum Fee Table Correction

2024 Minimum Fee Table Correction The Minnesota Department of Revenue updated the minimum fee table to correct an error on the 2024 business income tax forms and Minimum Fee webpage. The correction was made on the 2024 minimum fee amount for entities with Minnesota property, payroll, …
  Minnesota Department of Revenue · [email protected]
February 27, 2025 at 3:58 PM

Tax Professional Tip #9 – Returns for Tribal Members in Minnesota

Tax Professional Tip #9 – Returns for Tribal Members in Minnesota There may be different rules to follow when preparing returns for members of Minnesota Indian Tribes. Be aware of these differences to better serve your clients and prepare their returns accurately.   These resource…
  Minnesota Department of Revenue · [email protected]
February 25, 2025 at 8:33 PM

Sales and Use Tax Webinars!

Sales and Use Tax Webinars! The Minnesota Department of Revenue is offering the following webinars in March and April. Introduction to Sales and Use Tax Wednesday, March 5, 2025, 1:30 to 4 p.m. Central Time This course is an introduction to sales and use taxes in Minnesota. The purpose o…
  Minnesota Department of Revenue · [email protected]
February 25, 2025 at 8:25 PM

Join us in St. Cloud on March 26 for our employment tax seminar

Join us in St. Cloud on March 26 for our employment tax seminar Coming up: Grand Rapids 4/25, Willmar 5/14 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-person seminars for em…
  Minnesota Department of Revenue · [email protected]
February 20, 2025 at 9:13 PM

Tax Professional Tip #8 – New Schedule M1QPEN and Resources

Tax Professional Tip #8 – New Schedule M1QPEN and Resources All about the Public Pension Subtraction To help you determine if your client’s public pension qualifies for the Public Pension Subtraction, the Minnesota Department of Revenue implemented these new tools:  Sche…
  Minnesota Department of Revenue · [email protected]
February 14, 2025 at 5:31 PM

Child Tax Credit Advance Payments SNAP Estimator Tool

Child Tax Credit Advance Payments SNAP Estimator Tool The new tool provides an estimate of the effect of advance payments on a household's SNAP benefit. Choosing advance payments of the Child Tax Credit may impact Supplemental Nutrition Assistance Program (SNAP) benefits and e…
  Minnesota Department of Revenue · [email protected]
February 14, 2025 at 5:02 PM

e-Services and other online services unavailable Friday, March 7, 2025

e-Services and other online services unavailable Friday, March 7, 2025 Regular deadlines for filing and paying taxes still apply. e-Services and other online services unavailable Friday, March 7, 2025 Due to scheduled maintenance, our e-Services system and other online service…
  Minnesota Department of Revenue · [email protected]
February 14, 2025 at 2:02 PM

Annual Tax Pro Webinar Recording and Materials Now Available

Annual Tax Pro Webinar Recording and Materials Now Available The Minnesota Department of Revenue held annual webinars for tax professionals in December and January, reviewing individual, business, and withholding tax updates for the 2025 filing season. Important highlights of the webi…
  Minnesota Department of Revenue · [email protected]
February 13, 2025 at 5:03 PM

Free tax preparation sites are now open across Minnesota to help taxpayers file their returns

Free tax preparation sites are now open across Minnesota to help taxpayers file their returns Site volunteers can help you file your state and federal income tax returns. Free tax preparation sites are now open across Minnesota to help taxpayers file their returns With income …
  Minnesota Department of Revenue · [email protected]
February 13, 2025 at 4:40 PM

Tax Professional Tip #7 – The Minimum Credit Explained

Tax Professional Tip #7 – The Minimum Credit Explained Sometimes taxpayers worry they will have to return advance payments of their Child Tax Credit if their financial situation changes. Starting with tax year 2025, the Minnesota Department of Revenue is implementing a Minimum Credi…
  Minnesota Department of Revenue · [email protected]
February 11, 2025 at 3:11 PM

Distributor Cigarette Tax and Tobacco Tax Returns Due February 18

Distributor Cigarette Tax and Tobacco Tax Returns Due February 18 Distributor Returns Due February 18 Your January return and payment for Cigarette Tax or Tobacco Tax are due February 18. You can file your return and pay any tax due electronically through e-Services. Revised Forms for…