Minnesota

Tax Compliance and Regulatory Resources for Minnesota

Navigating Minnesota's evolving business regulations can be challenging. Avionté aims to make it easier by providing comprehensive compliance resources for businesses in Minnesota. Explore essential requirements such as tax rates, reciprocity rules, paid leave laws, and more to ensure your business stays compliant.

Chapters:

 

Wage & Hour

 Wage Type  Amount
 Minimum Wage  $10.85 (Large Employer);   $8.85 (All Others)
 Minimum Cash Wage (Tipped Employee)  $10.85
 City/County/Industry Specific Minimum Wages  Amount
 Minneapolis, Saint Paul  $15.57

 

Tax

 Unemployment Type  Rule
 State Unemployment Wage Base Limit  $42,000
 State Unemployment Rate Range  .1%-9%
 State Unemployment Rate for New Employers  Varies based on industry

 

 Supplemental State Tax Rate
  • 6.25%

 Tax Reciprocity Rules
  • Reciprocity with: Residents of MI and ND are exempt from MN WH and residents of MN are exempt from those state WH.

 

 SOC Code Requirements
  • None

 

 Special Taxes for the State
  • SUI Additional Assessment (ER) = varies by employer
  • Federal Loan Interest Assessment (ER) = varies by employer
  • Workforce Development Fee (ER) = .10% up to wage base

 

State Retirement Plans

 State Retirement Savings Programs

 

Leave Law

 Paid Leave Plans

 

Pay Equity

 Pay Transparency

 

General Information

 State Resources

 

3rd party link Disclaimer: These links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by Avionté of any of the products, services or opinions of the corporation or organization or individual. Avionté bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. Contact the external site.

Articles in this section

Was this article helpful?
0 out of 0 found this helpful
Share

Comments

0 comments

Please sign in to leave a comment.