The State budget passed – what does it mean for you?

On May 25, 2019, Minnesota state legislators passed a $48.3 billion budget. One of the many things involved in this budget is a tax bill that makes Minnesota tax law conform with the Federal Tax Cuts and Jobs Act. What does this mean for you?

A SALT study could benefit your business

Are you taking advantage of the many state tax exemptions available for your business? A Sales and Use Tax Refund Study is a great way to be sure and generally results in cash savings.The study involves a thorough review of your business activities and purchases to identify sales/use tax overpayments for periods already filed and open under state statute of limitations (e.g. MN 3.5 years). The review also uncovers any potential state credit and incentive programs and federal excise tax exemptions that fit your business.