income taxes

The income tax filing season for the state of Minnesota opens in just over two weeks.

Treasury Secretary Steve Mnuchin has announced that the deadline for filing U.S. income taxes has been moved from April 15 to July 15.

A $500 million package containing middle-income tax cuts and the repeal of some business taxes is zooming through the Minnesota House.

Amount of income, number of deductions, total receipts, amount of times you banged your head on the table: April is the month of figures.

Good news for procrastinators - you have two additional days to file your income taxes this year.

Gov. Mark Dayton has released 2010 income tax returns which show he made $671,724 last year. Dayton's office released his state and federal returns Tuesday.

A new report by the state Revenue Department says wealthy Minnesotans pay a smaller share of their incomes in state and local taxes. The 10 percent of Minnesotans who earn more than $130,000 annually paid an average of about 10 percent of their incomes in taxes in 2008, the latest year for which the data was available.

Minnesota House Republicans have outlined a series of income tax cuts, which Democratic Gov. Mark Dayton says would disproportionately benefit top earners.The House plan would lower two of Minnesota's three tax rates by a faction of a percent each, phasing the reductions in over three years.