Some Farms Are Sitting on R&D Tax Credits and Don’t Know It
Most agribusiness owners don’t see themselves as running research and development operations. They think in terms of solving problems, improving...
The 2024 Minnesota unemployment insurance tax rate determinations have now been sent out by the U.S. mail or can be found online in your correspondence tab when logged in on the MNUI System. In 2024, the first $42,000 of wages you pay to each employee is taxable for MN unemployment insurance. The base tax rate is 0.10% and can go up to a maximum of 8.90% based of your experience rate.
There are no additional assessments for 2024.
We recommend employers review their annual tax rate determination notices to plan for additional taxes.
Employers can log in to view their tax rates and use the optional calculator tools available in their employer portal. Please visit https://www.uimn.org/ to login.
Most agribusiness owners don’t see themselves as running research and development operations. They think in terms of solving problems, improving...
Many organizations don’t think of software development as a core part of their business. But whether it’s a website redesign, a new ERP system, or...
Minnesota’s recently signed omnibus tax bill (H.F. 2438) introduces several updates impacting businesses across the state. Many of these changes will...