It’s general knowledge that the world economy has suffered through a prolonged financial crisis. Recently, the European Union financial saga has been playing out like a drama starring Merkozy (German Chancellor, Angela Merkel and French President, Nicolas Sarkozy). While interesting from a historic and economic perspective, the negative impact on multi-national companies could be significant [...]
Qualifying capital equipment for use in Minnesota is eligible for a refund of the Minnesota and any local sales or use tax you paid.
Capital equipment means machinery and equipment purchased or leased, and used in Minnesota by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately [...]
The Dow Jones Industrial Average dropped below 10,000 last week due in part to a stalling of manufacturing activity reported in the Kansas City district of the Federal Reserve Bank. This report added to a number of economic warning signs in recent weeks.
In an effort to stimulate manufacturing in the U.S., President Barack Obama signed [...]
IRS regulations require us to advise you that, unless otherwise specifically noted, any federal tax advice in this communication (including any attachments, enclosures, or other accompanying materials) was not intended or written to be used, by any taxpayer for the purpose of avoiding tax-related penalties imposed under the U.S. Internal Revenue Code or any other applicable state or local tax law provision; furthermore, this communication was not intended or written to support the promoting, marketing or recommending of any of the transactions or matters it addresses.
