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Legislative News and Views - Rep. Jason Isaacson (DFL)

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New Tax Cuts for Middle Class Families and Small Businesses

Friday, March 28, 2014

To the editor of the Shoreview Press:

The Minnesota House, Senate and Governor Dayton recently approved legislation that cuts taxes for over one million Minnesotans, including married couples, working families, homeowners, people with student loans, educators and others.

The bill also repeals three business-to-business sales taxes, including a tax on warehousing services that was scheduled to go into effect on April 1. I was proud to author legislation to repeal all three of those taxes.

This is another positive step towards growing Minnesota’s economy from the middle out so more individuals, families and businesses can share in our recovery. Our economy is growing stronger and these middle class tax cuts will keep us on the right track.

The Department of Revenue is working to implement the new law as soon as possible.

If you have not yet filed your 2013 Minnesota tax return, you should wait until April 3, 2014 to do so. The Department of Revenue will complete updates to their online systems by that date to account for tax refund changes.

If you already filed, you do not need to do anything right now. The Department of Revenue will examine your return, determine whether you qualify for new tax breaks then send you your refund. If your return cannot be adjusted, they will notify you that you need to file an amended return.

For more information and helpful resources, visit the Department of Revenue’s website at www.revenue.state.mn.us and click the orange button labeled “Tax Law Changes.” You can also contact me by phone at (651) 296-7153 or by email at rep.jason.isaacson@house.mn with any questions.

Sincerely,


Jason Isaacson
State Representative, District 42B