The MCDPA is a state-level legislation designed to safeguard the personal data of Minnesota residents. Rather than permit organizations to collect, process, and generally do whatever they wish with consumers’ personal information, data privacy regulations like the MCDPA: Set limits on what organiz...
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Michelle Payne has 15 years of experience as a Certified Public Accountant with a strong background in audit, tax, and consulting services. Michelle earned a Bachelor’s of Science and Accounting from Minnesota State University and has provided accounting support across a variety of industries, incl...
Calculate your debt-to-income ratio to determine your eligibility for a mortgage or pay down debt to buy the home of your dreams.
Post-TCJA is the 2019 rate. The Tax, Cuts and Jobs Act took effect January 1, 2018. Alt Text: Bar chart showing income taxes pre and post-tax cuts and jobs act in percentages. Long Form Text Description: Average individual income tax rate, percentage Bar chart showing income taxes pre ...
In a news conference in Seattle, outgoing Gov. Jay Inslee said the state’s election results “provided a light of inspiration” to the rest of the country. Voters backed Democrats in all decided statewide positions, which he said was an affirmation th...
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the decedent lived or owned property in a state with an inheritance tax, and the bequest is not fully exempt under that state's law, the beneficiary faces the federal estate tax as well as a state inheritance tax. The estate is taxed before it is distributed, and the inheritance is then ...
There are 11 states that currently tax Social Security benefits—Colorado, Connecticut, Kansas, Minnesota, Montana, Nebraska, New Mexico, Rhode Island, Utah, Vermont, and West Virginia. What Percentage of Social Security Benefits Does a Widow Receive? Widows can receive up to 100% of the decease...
A number of states also approved additional stimulus checks to residents in response to the COVID-19 pandemic. They include California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Maine, Minnesota, New Jersey, New Mexico, Oregon, Rhode Island, South Carolina, and Vir...