Best Tax Attorneys in Minneapolis

Frequently Asked Questions

• Where does the Tax Court hold trial sessions closest to Minneapolis, Minnesota?

  The closest location to Minneapolis where the United States Tax Court holds trial sessions is the W.E. Burger Federal Building & U.S. Courthouse at 316 North Robert St, Room 444, St. Paul, MN 55101. Additionally, the Minnesota Tax Court, located at 245 Minnesota Judicial Center, 25 Rev. Dr. Martin Luther King, Jr. Blvd., Saint Paul, Minnesota, conducts trials throughout the state.

• Where is the low-income taxpayer clinic that is closest to Minneapolis, Minnesota?

  The Mid-Minnesota Legal Aid, located at 111 N 5th Street, is a low-income taxpayer clinic in Minneapolis that is open Monday to Friday, 9:30 a.m. to 11:30 a.m. and 1:30 p.m. to 3:30 p.m. It can be contacted by phone at 800-292-4150 or 612-334-5970.

• What are the taxpayer rights in Minneapolis?

  In Minneapolis, taxpayers have the right to full transparency concerning their tax dues and any corresponding penalties or interest. They are also entitled to receive courteous and quick answers to their queries and assurance of their information's privacy. If a recording is made by the Minnesota Department of Revenue and the taxpayer hasn't recorded it, they can purchase a copy. Furthermore, taxpayers can seek legal redress if they believe an employee has intentionally or recklessly flouted the law during tax collection.

• What are the income subtraction requirements for older or disabled individuals in Minneapolis?

  To qualify for an income subtraction in Minneapolis, individuals must be 65 years or older by the end of the tax year or be permanently disabled with federally taxable disability income. A qualifying disability prevents substantial gainful activity and is either long-term or potentially fatal, as determined by a physician. If married and filing separately, individuals are only eligible if they lived apart all tax year.

• What is the average rate of property tax in Minneapolis?

  The typical property tax rate in Minneapolis is about 1.32%, somewhat exceeding the US average. Each year on January 2, the county assessor establishes a property's estimated market value. Property owners receive three notices annually detailing the property's estimated market value, classification, and taxes due. They can also challenge the valuations using these notices, either informally or formally.

• Can a retailer in Minneapolis be exempted from collecting and remitting sales and use tax?

  Yes, a retailer in Minneapolis can be exempted from collecting and remitting the sales and use tax if they receive a bona fide exemption certificate from a purchaser. This exemption certificate, acquired from the commissioner under Minnesota Statutes Section 297A.11, could denote the purchased goods are for resale or otherwise tax-exempt. Accepting this certificate in good faith offers the retailer definitive relief from tax duties on that sale.

• What happens if a resident of Minneapolis pays their income tax late?

  In Minneapolis, individuals who fail to settle their income taxes by April 15 are liable to a late fee of 4% on the outstanding amount. An additional 4% fine may be imposed if assessed amounts aren't cleared within 60 days of the revenue commissioner's order or if no appeal is made. For unpaid taxes 180 days post an order or tax filing, an extra 5% extended delinquency fee may apply.