If you need the money on a short-term basis, you could sock it away in ahigh-interest savings account, which can now exceed 4%. By comparison, the IRS doesn't pay interest on tax refunds, which means you could be missing out on making some extra money through a high-yield savings a...
Tax Refunds for Trusts With Minnesota Grantors? Minnesota Trust Income Tax Statute Ruled UnconstitutionalLaura S. Carlson
Tax penalties may result if using the cash value as a loan or withdrawal Most importantly, the cash value of the policy changes over time. Your life insurance quotes are always free. In addition to the three life insurance options above, Minnesota Life offers options for specific concerns one...
the obligor may keep paying the 20% overage until the arrears are fully satisfied. Two, a judgment may be entered against the obligor, and the arrears are satisfied by garnishing wages, levying bank accounts or intercepting tax refunds. Three, there can be a negotiated settlement and schedule...
Audits, assessments, refunds, appeals, and other administrative provisions applicable to the fee are the same as those used in the sales and use tax law. In February, the Minnesota Department of Revenue released additional guidance on complying with the new retail delivery fee. Specifically, the...
Between these new or expanded exemptions and the old exemptions, I am thinking that most of my clients who need to use state exemptions will now find a Chapter 7 bankruptcy to be relatively painless. In many cases the only thing that will still not be exempt will be tax refunds. For a ...
about whether it's financially wiser to get a tax refund or to have as close to a "net zero" tax return and get nothing back from the IRS. The prevalence of tax refunds has also sparked economic research, with experts pointing to everything from "inertia" in tweaking one's tax ...