United States Map
      July 23, 2018

Home  >  Tax Relief  >  Shop By State  >  Minnesota

Your Information Is Secure
60-Plus Ways to Save Money Newsletter

Latest Reviews

Business Cards

Company Incorporation

Credit Repair Companies

Home Warranties

Meal Delivery

Medical Alert Systems

Mobility Scooters

Pet Insurance


Whiskey Clubs


Related Articles

Can the IRS Garnish Wages?

How To Choose A Tax Relief Agency

Protecting Yourself From Tax Relief Scams

Questions To Ask Tax Relief Agencies

Why Would The IRS Settle My Tax Debt?


Disclosure: We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we may be compensated for links and advertisements on our website. Click here for details.

Tax Relief in Minnesota

Minnesota MapMinnesota residents are feeling the burden of the same financial struggles affecting the rest of the nation, including those that come as a result of tax debt. For instance, Minnesota’s top tier of personal income tax is fourth highest in the United States at a rate of 9.85%. The state collects an average of $1,404 per person in local and state income tax each year, ranking the state 6th highest nationwide.

Even with respect to property taxes, Minnesotans pay approximately $1,535 per person each year, which places the state in 16th highest place overall.

Although property taxes in the state are relatively low, Minnesota residents often find themselves in the position of owing money to the IRS and to local and state collection agencies. For Minnesotans who have little-to-no savings, and who often live from one paycheck to the next, setting aside the money to pay Uncle Sam is often a lower priority than paying the rent, taking care of medical bills, buying groceries, or making car payments. Paying taxes takes a backseat to meeting immediate, urgent needs.

While the average amount of federal taxes collected in Minnesota is almost the same as the national average of $11,715, the state’s median household income has declined by 17% in recent years.

Financial difficulties have prompted many Minnesotans to seek out tax relief as a solution to increasing personal debt. Tax relief companies help individuals to minimize the stress of owing money to state and federal tax authorities, and to avoid the possibility of assets being seized or wages garnished. Experts in tax relief work with their clients to reduce their overall tax debt and can use a variety of methods to do so. Some such approaches include negotiating penalty abatement, setting up installment agreements with the IRS, and amending previous years’ tax returns.


Disaster victims granted more time for MN taxes

ST. PAUL - The Minnesota Department of Revenue announced Tuesday, July 17, that taxpayers who were affected by the recent severe weather and flooding will get extra time to file Minnesota returns and ...

Published:  Tue, 17 Jul 2018 10:03:00 GMT

Minnesota's online sales tax plan due next week

Minnesota's tax agency will provide answers next week about how and when online retailers will be required to collect sales taxes. . Officials at the Department of Revenue have been analyzing a June d...

Published:  Tue, 17 Jul 2018 10:19:00 GMT

CBDT to add 13 mn new income tax filers this year; UP sees highest target

The higher number of tax filings will help the government to meet the direct tax collections target for the financial year. The CBDT aims to add a sizeable number of new taxpayers in the current finan...

Published:  Fri, 20 Jul 2018 03:24:00 GMT

House Speaker Paul Ryan talks jobs, taxes with Reps. Erik Paulsen, Jason Lewis at Minnesota firms

U.S. House Speaker Paul Ryan visited several Twin Cities businesses Monday, touting tax cuts and technical careers while also talking up the chances of two fellow Republicans facing competitive congre...

Published:  Tue, 10 Jul 2018 05:16:00 GMT

India tax department sells $216 mn of Vedanta shares

Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax authorities sold $216 million worth of its shares in the Indian mining company in a dispute ...

Published:  Mon, 09 Jul 2018 06:56:00 GMT

St. Paul school board votes unanimously to ask voters for $18.6 million tax increase this fall

The new measure would replace that tax with a new one worth an estimated $46.2 million ... the state's alternative compensation program. 200 Minnesota mentors needed for teens at risk of not graduatin...

Published:  Tue, 17 Jul 2018 19:56:00 GMT

New Video: How To Set Up A Pre-tax Health Savings Account For Your Employees

BRADENTON, Fla., July 9, 2018 /PRNewswire-iReach/ -- Core Documents, the nation's leading provider of Section 125 Cafeteria and HRA plan documents, has produced a new video, "How to set up a pre-tax H...

Published:  Mon, 09 Jul 2018 15:19:00 GMT

Share Us!    Share on Twitter Share on LinkedIn Share on Google+ Share on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure