When the filing deadline for income tax returns comes and goes in mid April, the Internal Revenue Service starts their sorting. The agency works hard to double check whether or not a taxpayer has completed their April duty. The technilogical benefits that computers...
Economists worry that Minnesota tax plan might be unsustainable
More legislative changes are underway in Minnesota after Governor Mark Dayton signs another bill into law. The first this month was the history-making passing of same-sex marriage, which invariably requires a tax conversation over changes that might need to be...
The passing of Minnesota same-sex legislation brings tax changes
Major legislative changes were made in the recent past and especially this week that will affect many same-sex couples that currently reside in Minnesota or may choose to move here in the future. That change was to legalize same-sex marriage. This change will affect...
Offshore bank account causes trouble for 79-year-old widow
In many marriages one spouse takes care of the finances. Whether it is for ease or because of understanding, the bills are often paid, the investments made and the assets controlled by one and not both partners. When the spouse with the financial responsibilities...