Whether we choose to live in Minnesota depends on many factors, including the weather, quality schools, access to social amenities and the ability to find a good job. For some, it also depends on the tax rate.For a business, it is much more complicated. Does the state...
Election year tax controversy — church and IRS at odds
What our Minneapolis readers probably believe is that when a legal precedent-setting case is decided, that it affects laws and law enforcement moving forward. There are dozens, perhaps hundreds of cases such as this -- the most notable perhaps being Roe v. Wade, or...
Keep an eye out for the dividend cliff
It is no secret to our Minneapolis readers that this is a Presidential election year, and that the outcome is uncertain. Will deductions change? Will the tax rate change? And what will Congress do? Will we go off the so-called fiscal cliff?It appears that there may be...
Tax reciprocity with Wisconsin must wait until 2014
Those of us in Minnesota who have been to school (and who hasn't) remember that when you miss a deadline for getting a paper turned in, that your grade suffers accordingly. Your teacher was not happy. Your parents were not happy. You did not get the "A" that you so...
Tax havens can work if you can stand the paperwork
Our economic and social world is full of systems which balance themselves either naturally or with a little help. As interest rates go down, the housing market tends to up. When bond prices rise, stock prices usually fall. For every plus, there seems to be a minus. It...