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Articles tagged under: Section 179

Walz Budget Proposal Includes Provisions for Farmers

Published February 20, 2019

Minnesota Governor Tim Walz is proposing a $49 billion budget for the biennium. The plan includes a 20 cent-per-gallon increase in the state gas tax to pay for roads, bridges and mass transit. Minnesota Agriculture Commissioner Thom Petersen says there…

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…

Articles tagged under: Section 179

Walz Budget Proposal Includes Provisions for Farmers

Tax Conformity Legislation Reviewed by MN Lawmakers

Tax Conformity a Focus for the MN Legislative Session

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Articles tagged under: Section 179

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