The Minnesota Department of Revenue has recently posted the 2014 Income Tax Brackets.
Click on the this link to view the brackets and rate %s: Link
These rates and brackets are important to know especially for small business owners who pay their taxes based on their individual tax rates. This would include sole proprietors, partnerships, and S corporation shareholders.
It is good to know in advance what the new rates are to help with the up-coming year's tax planning.
Please contact the LFC office if you have questions or concerns: info@lfconinc.com
