Tag: tax relief

Beginning Farmers in Minnesota have Tax Break Available in 2021

St. Paul – The Minnesota Department of Agriculture‚Äôs (MDA) Rural Finance Authority is now accepting applications for a tax credit for the sale or lease of land, equipment, machinery, and livestock in Minnesota by beginning farmers. To qualify, the applicant must be a Minnesota resident with the desire to start farming or who began farming…
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January 3, 2021 0

MN Legislature Approves Tax Relief for Small Businesses and Farmers

By Mark Askelson markkrjb@loretel.net (10/23/20) St. Paul, MN — Along with a nearly $2 billion dollar bonding bill, the Minnesota Legislature was also able to pass a tax relief bill during their special session last week. Included in that bill is a tax break that will specifically benefit farmers and small business owners by allowing…
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October 23, 2020 0