If your company spends real money in Minnesota figuring out how to make a new product work, how to make an existing product better, or how to solve a technical problem the answer to which is not …
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The Minnesota pass-through entity tax election is a state-level workaround for a federal problem: the cap on individual deductions for state and local taxes. When your LLC or S-corp makes the …
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Minnesota treats your LLC as a state-law entity with liability protection, but the IRS treats that same LLC under the federal default classification rules unless the LLC makes a valid election into an …
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