Markve & Zweifel, PLLC

04/22/2026

📋 New Federal Income Tax Brackets for 2026 — What You Need to Know

The IRS has released updated federal income tax brackets for 2026 (for returns filed in 2027). While the same seven tax rates apply, income thresholds have been adjusted upward to account for inflation — helping prevent "bracket creep."

A few highlights:
✅ Standard deduction increases to $16,100 (single) / $32,200 (married filing jointly)
✅ The top 37% rate now kicks in above $640,600 for single filers
✅ Small threshold shifts can still impact retirement planning, investment timing, and charitable giving

Wondering how these changes affect your financial or estate plan? We'd love to help. 👇

🔗 Read the full breakdown on our blog: https://mzlaw.us/new-federal-income-tax-brackets-for-2026-what-taxpayers-should-know/

📞 Schedule a consultation: 763-450-1639

The IRS released new income tax brackets for 2026. Learn how updated tax thresholds and deductions may affect taxpayers.

04/15/2026

Big news for estate planning in 2026!

Federal legislation has increased the estate and gift tax exemption to $15 million per person — meaning married couples could potentially pass $30 million or more to their heirs without federal estate tax.

But here's what Minnesota residents need to know: Minnesota has its own estate tax with a much lower exemption threshold. So even if your estate is under the federal limit, you could still owe state taxes.

Now is a great time to review your estate plan — especially if it was drafted before 2026 or under older tax rules.

👉 Read our latest blog post to learn what this change means for your family and what planning opportunities may be available to you: https://mzlaw.us/estate-tax-exemption-2026/

Have questions? We'd love to help. Call us at 763-450-1639 or visit mzlaw.us to schedule a consultation.

The federal estate tax exemption will rise to $15M in 2026. Learn what the change means for estate planning and wealth transfer.

04/09/2026

Big changes are coming in 2026 that could impact how — and when — you give to charity.

Rules around charitable giving are shifting in ways that may affect your planning.

If charitable giving is part of your financial or estate plan, now is the time to understand what’s changing and how to adapt.

👉 Read more: https://mzlaw.us/2026-tax-law-changes-that-may-impact-charitable-giving/

Have questions about how these changes impact you? We’re here to help.

Charitable giving tax deductions are changing in 2026. Understand how the new rules may affect donors and estate planning strategies.

04/01/2026

New protections are here for vulnerable adults in Minnesota.

A new law expands the ability to obtain court orders to prevent and stop financial exploitation—giving families and concerned individuals a stronger, faster way to act when something isn’t right.

From freezing accounts to restricting access to assets, these tools are designed to protect those who may not be able to protect themselves.

If you have an aging parent or loved one, this is an important update you should understand.

👉 Read more: https://mzlaw.us/new-minnesota-law-broadens-protection-orders-for-financial-exploitation-of-vulnerable-adults/

Have questions about how this law may apply to your situation? We’re here to help.

A new Minnesota law allows courts to issue protection orders to stop financial exploitation of vulnerable adults and freeze assets.

03/25/2026

Minnesota’s Pass-Through Entity (PTE) tax election has officially expired after the 2025 tax year—and it could have a meaningful impact on business owners.

This election allowed certain entities to pay state income tax at the entity level, helping many owners work around federal SALT deduction limits. Beginning in 2026, that option is no longer available unless the Legislature acts to extend it.

What does this mean?
➡️ Taxes shift back to the individual owner level
➡️ Federal deduction limitations may return
➡️ 2026 tax planning just became more complex

If you own an S corporation, partnership, or LLC, now is the time to revisit your tax strategy.

Minnesota’s pass-through entity tax election expires after 2025 unless extended. Learn what the change means for business owners.

03/18/2026

Understanding your estate plan isn’t just about what’s in your will—sometimes the most important details are hidden in the fine print.

Beneficiary designations control assets like retirement accounts and life insurance, often overriding your estate plan entirely. If they’re outdated or unclear, the results can be very different from what you intended.

There is more to Estate Planning than wills and trusts. Beneficiary Designations might control your most valuable assets. When did you last review them?

03/02/2026

Beginning March 1st, new reporting requirements have been issued by the Financial Crimes Enforcement Network (FinCEN) for certain real estate transactions. Learn more and get tips and resources at our blog:

New reporting requirements will impact how certain real estate transactions are documented. Are you prepared to be in compliance?

02/18/2026

Giving back to causes you care about is meaningful — and with the right planning, it can also become part of your lasting legacy.

Our newest blog post breaks down how charitable planning works within an estate plan, including ways to support charities, help your family, and potentially receive tax advantages along the way.

If you’ve ever wondered how to include charitable giving in your long-term plans, this is a great place to start.

Learn how charitable planning can reduce taxes, support your favorite causes, and strengthen your estate plan for the future.

02/09/2026

Maple Grove Magazine’s best businesses in Maple Grove for 2026 has officially launched!
With most of our lawyers and staff being local to the Maple Grove community, we take a special pride in serving our neighbors. If you consider our law firm to be one of the best, we’d appreciate your vote!

12/17/2025

Thank you to everyone who donated to our holiday toy drive and joined our holiday party this year! Your generosity supports CROSS Services and local Minnesota families this season.