Category: State and Local Taxation
August 23, 2023 by Jack Siegle
Effective October 1, 2023, the local sales and use tax for the seven-county metro in Minnesota will increase by 1%. The seven counties that this will impact are Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington. The 1% total increase to the current sales tax will be used to support...
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As I wrote about on April 12th there was a large increase in Minnesota unemployment taxes for Q1 2022. After nearly all companies filed their Q1 unemployment tax returns (due 5/2) the Minnesota Legislature passed a “Trust Fund Replacement Bill” on April 29. This change reduces the unemployment tax rates...
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There is a large payroll tax increase for employers (businesses and non-profits) in Minnesota that hasn’t gotten much attention. The increase is starting to be noticed now that Quarter 1 2022 payroll tax filings are coming due and taxes have to be paid. This increase is in MN Unemployment tax...
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November 24, 2020 by Staff
For states where you are not filing sales tax, review your 2020 sales into those states to determine if you are close to the Wayfair thresholds. You may have to register and begin collecting sales tax by the beginning of 2021. Most states’ thresholds are based on calendar year sales. ...
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March 12, 2020 by Staff
In June 2018 the US Supreme Court transformed the landscape for businesses collecting sales tax[i]. Our October 8, 2018 blog, “Economic Nexus and How it Might Affect You”, explained the impact of this decision. A year and half later, apart from Florida and Missouri, all states with a sales tax[ii]...
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