Articles tagged under: Section 179
Tax Conformity Legislation Reviewed by MN Lawmakers
Published February 7, 2019
The Minnesota House Tax Committee held a hearing on tax conformity Thursday. Legislation from Representatives Jeanne Poppe and Glen Gruenhagen on Section 179 were both reviewed. Poppe’s bill would eliminate Section 179 expensing. Gruenhagen’s bill would modify expensing. Section 168 bonus…Tax Conformity a Focus for the MN Legislative Session
Published December 31, 2018
Tax conformity will be a focus during the upcoming legislative session. Minnesota Farmers Union Government Relations Director Thom Petersen says it’s a priority to update the Section 179 deduction. "Minnesota conforms at a very low level so if a farmer buys…