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A proposal is currently moving through the Minnesota legislature which includes a plan to mandate 24-weeks of paid leave. This is one of many provisions included in Governor Walz’s initial budget proposal he released last week.

The first bill to pass in the 2023 Minnesota legislative session will update several provisions in the state’s tax code to conform to the federal tax code for tax years 2017 through 2022.

Are you hoping to qualify for a clean vehicle tax credit? There’s a new list of potentially eligible plug-in electric or fuel cell vehicles purchased after 2022.

The IRS has issued the 2023 optional cents-per-mile rates used to calculate the tax deductible costs of operating a vehicle. Find the updated numbers here.

The Consolidated Appropriations Act of 2023 encompasses the SECURE 2.0 Act, with many provisions that will affect both employers and tax payers.

Distributions from a traditional Individual Retirement Account (IRA) are generally taxable when received, though exceptions like the Qualified Charitable Distribution (QCD) for those who are interested in making charitable donations.

If you’re closing a business, there are important bases you may have to cover. Here’s a rundown.

The IRS has announced contribution updates for both 401(k) plans and employer-sponsored health Flexible Spending Accounts (FSAs). Get the latest.

Did you earn more than $600 in income in 2022 from selling goods or providing services? If you received that income via third-party payment apps, you may receive Form 1099-K and the reporting rules for this form have recently changed.