Governor Signs Tax Conformity Law
Minnesota Governor Tim Walz has signed the tax conformity bill. This bill updates several parts of the state’s tax code, putting it in compliance with the federal tax code.
Articles tagged under: tax conformity
Tax Conformity Prioritized
The first bill to be heard in the Minnesota House was the tax conformity bill. Minnesota has not adopted the many tax changes passed by Congress since 2018, resulting in a more complex tax return and additional compliance costs. "The…
Co-op Day Concentrates on Rural Development and Economic Stability
Minnesota farm cooperative leaders met virtually with officials from the state agriculture department and the legislature Wednesday. Cooperative Network outlined legislative priorities, including tax conformity and broadband infrastructure. Agriculture Commissioner Thom Petersen addressed the group, saying mental health issues are…
MN Farmers Want Tax Conformity at State Level
Tax conformity tops the wish list for soybean farmers in the Minnesota legislative session. Minnesota Soybean Growers Association President Mike Petefish says it's a challenging situation with the federal government and state government being so different on deductions and the…
