TAX EXPERTS WHO ARE TRULY THERE FOR YOU

Brown County, Minnesota: Best Business Tax Preparers in the county – Hire the Right CPA Today

Let’s find you the

right CPA

Within minutes!

What do you need help with?

James ******
Seller (Online or independent seller)
Q. Hi I've got a tax question that I could use your help on if you're able. If an individual gives shares (equity) of a private company to an individual, are there any immediate tax implications for the giver or receiver of the shares? For example, if someone gifts me shares of a private company then would I or the giver need to pay taxes on that? Would the lifetime exclusion value be based on the latest 409A valuation of the private company shares? Also, I’m an investor currently looking to buy a business in the next 3-12 months and will be searching for a tax advisor. Thanks! James
When giving shares of a private company, remember to factor in the potential gift tax implications for the donor and future capital gains tax for the recipient.
Tina ***************
Healthcare professional
Q. I have already calculated my deductible expenses for 2023 and I was getting ready to send them to my long time CPA (who moved across the country) and I found your service. Can I skip the AI for 2023 and just upload the numbers? Then give access for 2024? FYI, I have been a psychotherapist in private practice for 20+ years, so I know my deductibles. Thanks.
If you'd like, you can skip the AI for 2023 and upload your deductible expenses right away. Just link your account and attach the documents under "other docs" for filing. Let us know if you need any help. - Team FlyFin
Christina ********
Cleaning services
Q. Hello, In 2014 I was hired to clean my husband's office building for $400/month. However, in 2023, my two oldest kids (ages 14 and 16) took over the cleaning and received 100% of the income. For the sake of simplicity we kept it in my name so the checks still come to me, but I then transfer the money to their accounts. Since their annual earnings only come to $2,400 each, they shouldn't owe any tax....correct? Nor should I since I kept $0 of the income earned. I do not have an EIN or registered business name. How do I go about filing for each of the kids since they don't have an official 1099 from me? Thanks so much for your time. Christina
In 2023, if your kids make $2,400 or less from cleaning services, they would generally not owe federal income tax. You won't have tax liability either as you didn't retain any income. Seek guidance from a tax professional on filing taxes for your children without an official 1099 form.
Kristen
Real-estate agent
Q. I worked as a independent contractor for a real estate firm and received a 1099. The real estate firm is sending me a 1099 for money I never received. They are doing this I believe to avoid paying taxes themselves on it. Here is an example of what I mean. I closed a transaction and the gross commission check that the closing attorney writes out to the firm (not to kristen) is $5000. The firm then takes their split out of it and then writes me a check for $2500. On my 1099 they put they gave me the full $5000 which would be incorrect. I think they do it this way so they don't have to pay takes on any of the money. I tried reaching out to the firms tax accountant and got nothing but a nasty response back that basically said I will not be fixing your 1099.
Write down the incorrect 1099 sent out by the company to avoid IRS taxation on the entire amount. Contact a different party in the company for resolution.
Dan ******
Freelance marketer
Q. I have an individual 401K and I'm filing out Form 5500-EZ. On Part III, Line 7 the instructions say to include cash contributions "received and/or receivable" during the plan year. I interpret that to mean I should include contributions made in 2024 for tax year 2023, but I'm not sure.
Until 15 April 2024, you can contribute to an individual 401k for tax year 2023.
Pierre *******
Esthetician
Q. My wife and I live in Maryland. She is a Tour Guide for several agencies under 1099, and she operates as a Master Esthetician under her (single member) LLC. We opened a Solo 401k under her Master Esthetician LLC, and want to know if we are allowed to send profits from her Tour Guide activities, to said Solo 401k.
Contributions from the profits of her Master Esthetician business can be used to fund your wife's Solo 401(k), even if she is also a Tour Guide on a 1099.
James ******
Seller (Online or independent seller)
Q. Hi I've got a tax question that I could use your help on if you're able. If an individual gives shares (equity) of a private company to an individual, are there any immediate tax implications for the giver or receiver of the shares? For example, if someone gifts me shares of a private company then would I or the giver need to pay taxes on that? Would the lifetime exclusion value be based on the latest 409A valuation of the private company shares? Also, I’m an investor currently looking to buy a business in the next 3-12 months and will be searching for a tax advisor. Thanks! James
When giving shares of a private company, remember to factor in the potential gift tax implications for the donor and future capital gains tax for the recipient.
Tina ***************
Healthcare professional
Q. I have already calculated my deductible expenses for 2023 and I was getting ready to send them to my long time CPA (who moved across the country) and I found your service. Can I skip the AI for 2023 and just upload the numbers? Then give access for 2024? FYI, I have been a psychotherapist in private practice for 20+ years, so I know my deductibles. Thanks.
If you'd like, you can skip the AI for 2023 and upload your deductible expenses right away. Just link your account and attach the documents under "other docs" for filing. Let us know if you need any help. - Team FlyFin
Christina ********
Cleaning services
Q. Hello, In 2014 I was hired to clean my husband's office building for $400/month. However, in 2023, my two oldest kids (ages 14 and 16) took over the cleaning and received 100% of the income. For the sake of simplicity we kept it in my name so the checks still come to me, but I then transfer the money to their accounts. Since their annual earnings only come to $2,400 each, they shouldn't owe any tax....correct? Nor should I since I kept $0 of the income earned. I do not have an EIN or registered business name. How do I go about filing for each of the kids since they don't have an official 1099 from me? Thanks so much for your time. Christina
In 2023, if your kids make $2,400 or less from cleaning services, they would generally not owe federal income tax. You won't have tax liability either as you didn't retain any income. Seek guidance from a tax professional on filing taxes for your children without an official 1099 form.
Kristen
Real-estate agent
Q. I worked as a independent contractor for a real estate firm and received a 1099. The real estate firm is sending me a 1099 for money I never received. They are doing this I believe to avoid paying taxes themselves on it. Here is an example of what I mean. I closed a transaction and the gross commission check that the closing attorney writes out to the firm (not to kristen) is $5000. The firm then takes their split out of it and then writes me a check for $2500. On my 1099 they put they gave me the full $5000 which would be incorrect. I think they do it this way so they don't have to pay takes on any of the money. I tried reaching out to the firms tax accountant and got nothing but a nasty response back that basically said I will not be fixing your 1099.
Write down the incorrect 1099 sent out by the company to avoid IRS taxation on the entire amount. Contact a different party in the company for resolution.

Facts and figures about
Brown County, Minnesota

minnesota
population

25,819

County Population

population

New Ulm

County Seat

population

610.86 sq mi

County area

population

7.88%

Brown County sales tax rate

😵‍💫 Smart CPAs are accessible and affordable, but there's only 1 Minnesota CPA for every 300 residents.

😓 19 million taxpayers filed late last year. Smart CPAs can help taxpayers be prepared.

😨 Smart CPAs can help the 30 million Americans who miss tax deductions each year.

😣 Smart CPAs can put an end to the overpaying on taxes that half of Americans do every year.

Download now

Minnesota State Income Tax Rates & Brackets for 2023

The following tables represents Minnesota's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

$0 - $28,080

5.35%

$28,080 - $92,230

6.80%

$92,230 - $ 1,71,220

7.85%

$ 1,71,220+

9.85%

MARRIED FILING JOINTLY

Brackets

Rates

$0 - $41,050

5.35%

$41,050 - $ 1,63,060

6.80%

$ 1,63,060 - $ 2,84,810

7.85%

$ 2,84,810+

9.85%

Filing Status

Standard Deduction Amt.

Single

$12,900

Couple

$19,350

Brown county Sales Tax Rates for 2023

City

Sales Tax Rate

Tax Jurisdiction

New Ulm

7.88%

New Ulm

Sleepy Eye

7.38%

Redwood Co Tr

Springfield

7.38%

Redwood Co Tr

Hanska

7.38%

Blue Earth

Comfrey

7.38%

Brown Co Tr

Essig

7.38%

Brown Co Tr

Searles

7.38%

Brown Co Tr

Frequently Asked Questions

How does Brown County Minnesota tax filing work online?

Exactly what is a Brown County Minnesota CPA?

What does an online Brown County Minnesota Certified Public Accountant do?

How does a FlyFin Smart CPAs work online?

Ask a CPA in other Counties of Minnesota

Ask a CPA in AitkinAsk a CPA in AnokaAsk a CPA in BeckerAsk a CPA in BeltramiAsk a CPA in BentonAsk a CPA in Big StoneAsk a CPA in Blue EarthAsk a CPA in CarltonAsk a CPA in CarverAsk a CPA in CassAsk a CPA in ChippewaAsk a CPA in ChisagoAsk a CPA in ClayAsk a CPA in ClearwaterAsk a CPA in CookAsk a CPA in CottonwoodAsk a CPA in Crow WingAsk a CPA in DakotaAsk a CPA in DodgeAsk a CPA in DouglasAsk a CPA in FaribaultAsk a CPA in FillmoreAsk a CPA in FreebornAsk a CPA in GoodhueAsk a CPA in GrantAsk a CPA in HennepinAsk a CPA in HoustonAsk a CPA in HubbardAsk a CPA in IsantiAsk a CPA in ItascaAsk a CPA in JacksonAsk a CPA in KanabecAsk a CPA in KandiyohiAsk a CPA in KittsonAsk a CPA in KoochichingAsk a CPA in Lac Qui ParleAsk a CPA in LakeAsk a CPA in Lake Of The WoodsAsk a CPA in Le SueurAsk a CPA in LincolnAsk a CPA in LyonAsk a CPA in MahnomenAsk a CPA in MarshallAsk a CPA in MartinAsk a CPA in McleodAsk a CPA in MeekerAsk a CPA in Mille LacsAsk a CPA in MorrisonAsk a CPA in MowerAsk a CPA in MurrayAsk a CPA in NicolletAsk a CPA in NoblesAsk a CPA in NormanAsk a CPA in OlmstedAsk a CPA in Otter TailAsk a CPA in PenningtonAsk a CPA in PineAsk a CPA in PipestoneAsk a CPA in PolkAsk a CPA in PopeAsk a CPA in RamseyAsk a CPA in Red LakeAsk a CPA in RedwoodAsk a CPA in RenvilleAsk a CPA in RiceAsk a CPA in RockAsk a CPA in RoseauAsk a CPA in ScottAsk a CPA in SherburneAsk a CPA in SibleyAsk a CPA in St LouisAsk a CPA in StearnsAsk a CPA in SteeleAsk a CPA in StevensAsk a CPA in SwiftAsk a CPA in ToddAsk a CPA in TraverseAsk a CPA in WabashaAsk a CPA in WadenaAsk a CPA in WasecaAsk a CPA in WashingtonAsk a CPA in WatonwanAsk a CPA in WilkinAsk a CPA in WinonaAsk a CPA in WrightAsk a CPA in Yellow Medicine

Ask a CPA in Cities of Brown

How do FlyFin CPAs save freelance taxpayers time and money?

Unlike employees, who have taxes automatically deducted from their paychecks, freelancers, sole proprietors, gig workers and independent contractors have to be responsible for everything tax-related. FlyFin was designed to meet all of their unique tax needs in one place. The A.I.-powered tax app automatically tracks business expenses to find every write-off and lets taxpayers of all kinds file their taxes. FlyFin CPAs answer any tax question at no cost and take 95% of the effort of doing taxes out of taxpayers' hands by filing 100%-accurate state and federal tax returns and saving taxpayers $3,500 on average.
https://dem95u0op6keg.cloudfront.net/image/PriceCalculator.webp

Expert tax CPAs ensure 100% accurate tax filing

https://dem95u0op6keg.cloudfront.net/image/AiBrain.webp

A.I. finds every tax deduction eliminating 95% of your work

https://dem95u0op6keg.cloudfront.net/image/MoneySack.webp

On average users save $3,700

rightCTAImage