Luhman Tax LLC

11/01/2024

Are you organized, detail-oriented, and are a multi-tasker? Our CPA office is looking for an outstanding individual who thrives in a fast-paced environment, excels at the technical aspects of the job and brings a touch of awesomeness to the workplace with their exceptional skills and personality. Check out the career opportunities on our website. We are currently looking for a seasonal administrative assistant. https://www.luhmantax.com/careers

07/22/2024

Are you organized, detail-oriented, and have a knack for numbers? Our CPA office is looking for outstanding individuals who thrive in a fast-paced environment, excel at the technical aspects of the job and bring a touch of awesomeness to the workplace with their exceptional skills and personality. Check out the career opportunities on our website. We are currently looking for full time, part time and seasonal tax preparers and administrative assistants. https://www.luhmantax.com/careers

11/16/2023

Earned Sick and Safe Time starts January 1, 2024. If you are an employer, you should be planning now for implementation of this new law that affects nearly all employers and employees in Minnesota. Follow this link to learn more.

Here are the highlights Minnesota's earned sick and safe time (ESST) law goes into effect Jan. 1, 2024. Employers must provide each employee working in Minnesota at least one hour of paid sick and safe time for every 30 hours worked, up to a minimum of 48 hours of accrued ESST per yea

08/17/2023

One-Time Tax Rebate Payments of up to $1,300 Will Begin This Week

The one-time tax rebate payments of up to $1,300 per family are going out this week. The legislation, signed in May, provides payments to eligible Minnesotans of:

$520 for married couples filing a joint 2021 income or property tax return with adjusted gross income of $150,000 or less.

$260 for all other individuals with 2021 adjusted gross income of $75,000 or less.

Another $260 for each dependent, up to three dependents.

Direct deposit payments will go out first, followed by paper checks in about 2-3 weeks. The department expects the nearly 2.1 million rebate payments to be initiated by the end of September.

The rebate is processed outside of the usual tax refund system so taxpayers will not be able to track it. If you do not receive a check by October, and feel you are entitled to, contact a customer assistance representative to look into your situation. You can call 651-565-6595 or email [email protected].

05/24/2023

Minnesota Rebate Checks

The Minnesota Legislature has decided to send rebate checks to qualifying taxpayers. The details are still being worked out, but here’s what we know as of May 24, 2023. The rebate checks will be based upon the 2021 Tax Year. Those who filed as a single taxpayer and had an adjusted gross income (AGI) of less than $75,000 will receive $260. Married couples filing jointly in 2021 with an adjusted gross income of less than $150,000 will receive $520. Another $260 per dependent, up to three dependents, will be added to those figures. You do not need to apply for the rebate checks, the money will be sent this fall. There is no phase out for this Rebate, which means if your AGI is $1 higher than the limits, you do not qualify.

To be eligible, you must have been a part year or full year resident for the tax year of 2021, filed a Minnesota Individual Income Tax Return or a Homestead Credit Refund before December 31, 2022 and meet the AGI requirements. For more information, check out this link:

05/01/2023

Now that tax season is over, we will be moving to our summer hours starting May 1. We will be open Tuesday through Thursday 9-3 or by appointment. Have a great summer!

12/14/2022

https://www.luhmantax.com/news/you-received-a-1099-k-from-a-third-party-settlement-organization-now-what

When the American Rescue Plan Act passed in 2021, it drastically dropped the 1099-k requirements for 2022 from $20,000 (and 200 transactions) to $600 from any one platform.  You may receive a 1099-K if you: Received money from friends or family via Venmo, Paypal or other payment apps.

11/18/2022

https://www.luhmantax.com/news/irs-warns-employers-to-beware-of-third-parties-promoting-improper-employee-retention-credit-erc-claims

On October 19, 2022, the Internal Revenue Service warned employers to be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. These third parties often charge large upfront fees or a fee that is contingent on the amount of the refund a

10/26/2022

We are a growing tax firm looking for seasonal tax preparers for full or part time positions. Our busy season starts in November and goes through the end of April. We are looking for individuals that pride themselves on the work they do, have great people skills and have at least one year of tax preparation experience. Interested candidates can send their resume to [email protected].

10/26/2022

We are a growing tax firm looking for seasonal tax preparers for full or part time positions. Our busy season starts in November and goes through the end of April. Off season hours would be up to 3 days per week. We are looking for individuals that pride themselves on the work they do, have great people skills and have at least one year of tax preparation experience.