Bloomington is the fifth largest city in the U.S. state of Minnesota in Hennepin County, and the third core city of the Minneapolis-St. Paul-Bloomington, MN-WI MSA. Located on the north bank of the Minnesota River above its confluence with the Mississippi River, Bloomington lies at the heart of the southern metro area, 10 miles (16 km) south of downtown Minneapolis. The city's population was 85,172 in the 2000 Census and was estimated at 80,869 in 2006. Established as a post-World War II housing boom suburb connected to the urban street grid of Minneapolis and serviced by two major highways, Interstate 35W and Interstate 494, Bloomington's residential areas include upper-tier households in the western Bush Lake area and traditional middle-class families in its rows of single-family homes in the central to eastern portions. Large-scale commercial development is concentrated along the Interstate 494 corridor. Besides an extensive park system, with over 1,000 square feet (93 m) of parkland per capita, the city's south border with the Minnesota River is buffered by the Minnesota Valley National Wildlife Refuge. Bloomington, considered by many to be a bedroom community, has more jobs per capita than either Minneapolis or St. Paul. Its economy includes headquarters of major companies such as Ceridian, Donaldson Company Inc. , HealthPartners and Toro. The city is a hospitality and retail magnet, recognized nationally for the United States' largest enclosed shopping center, Mall of America. It is presently the only suburb in the metro to be serviced by a light rail line. Early settlers named the city after Bloomington, Illinois.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Illinois

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...