News

IRS Penalty Abatement for Medical Emergencies in Minnesota
A serious illness, hospital admission, surgery, or sudden incapacity can make it impossible to file a tax return, pay an assessment, or respond to an IRS…
Reducing Minnesota Tax on Retirement Distributions
Retirement income can create a state tax bill that surprises people who have spent years planning around federal tax. Minnesota generally begins with federal…
Responding to an IRS Notice of Tax Lien for a Minnesota Small Business
An IRS tax lien notice can alarm a Minnesota small business owner, particularly when the business relies on regular cash flow to cover wages, rent, suppliers,…
How Chapter 13 Can Address Minnesota Tax Debt
A Minnesota state tax bill can become difficult to manage when penalties, interest, collection notices, bank levies, or tax liens keep growing. Chapter 13…
Minnesota Sales Tax Rules for Subscription Boxes and Membership Clubs
Subscription businesses often look simple to customers: a recurring payment, a parcel or digital benefit, and automatic renewal. Minnesota tax treatment can be…
IRS Innocent Spouse Relief for Minnesota Joint Returns
A joint US federal tax return can create shared responsibility for tax, penalties and interest, even when only one spouse earned the income or handled the…
Minnesota Tax Consequences of Selling a Business to an ESOP
Selling a business to an employee stock ownership plan (ESOP) can give an owner a succession strategy, provide employees with an ownership interest, and create…
How to Prove Residency and Avoid Minnesota Income Tax
Remote work has made state residency harder to establish and easier to dispute. A person may work for a Minnesota company from a home in another state, split…
IRS Offers in Compromise After the Collection Period Expires
For a Minnesota taxpayer facing old federal tax debt, an Offer in Compromise may appear to be the cleanest way to settle the account. Yet when the IRS…
Minnesota Sales Tax Exemption For Manufacturing Equipment Purchases
A Minnesota business may be able to buy qualifying manufacturing machinery without paying sales tax at the time of purchase. The exemption can reduce the cost…