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How Minnesota Retailers Can Navigate a Sales Tax AuditA Minnesota sales tax audit can affect more than the amount shown on a recent return. The Minnesota Department of Revenue may review point-of-sale records,…Tax Consequences of Selling Your Minnesota Business AssetsSelling a Minnesota business can generate tax consequences long after the purchase agreement is signed. When a buyer purchases assets rather than the ownership…Minnesota Sales Tax Rules for Service BusinessesMinnesota businesses often assume that sales tax applies only to products. That assumption can create exposure when a service includes taxable labor,…IRS Installment Agreement Default: Options for Minnesota TaxpayersAn IRS installment agreement can make a tax debt manageable by spreading payments over time. For many Minnesota taxpayers, the arrangement provides necessary…Requesting Minnesota Tax Penalty AbatementA penalty from the Minnesota Department of Revenue can increase an already difficult tax problem. Late filing, late payment, underpayment, and reporting errors…Minnesota property tax exemptions for nonprofit organizationsMinnesota nonprofit organizations may qualify for property tax relief when their real estate serves a recognized charitable, educational, religious, or other…IRS Audit Triggers Minnesota Small Businesses Should AvoidAn IRS audit can begin with a letter about a single return, a request for records, or a mismatch between business income and information reported by customers,…Minnesota Tax Treatment of Cryptocurrency Mining IncomeCryptocurrency mining can create taxable income before a miner converts digital assets into U.S. dollars. When a blockchain network rewards a participant with…What Happens When the IRS Levies Your Minnesota Bank AccountA federal bank levy can interrupt access to money you expected to use for rent, payroll, mortgage payments, or everyday expenses. When the Internal Revenue…Minnesota Sales Tax Rules for Construction Materials and ContractorsMinnesota construction contractors often encounter sales tax at several points in a project: when buying materials, purchasing equipment, hiring… 
