News

Minnesota Crypto Tax Rules for Individual Investors
Cryptocurrency can create Minnesota tax obligations even when no dollars are withdrawn to a bank account. Selling Bitcoin for US dollars, exchanging Ether for…
IRS Audit Triggers for Minnesota Real Estate Investors
Minnesota real estate can look familiar to an Australian investor: rental homes, apartment buildings, commercial premises and renovation projects all produce…
How to Request a Minnesota Department of Revenue Informal Conference
A Minnesota Department of Revenue audit or adjustment notice does not always require immediate litigation. In many disputes, a taxpayer can ask for an informal…
Navigating a Minnesota sales tax audit for a retail business
A Minnesota sales tax audit can be unsettling for a retailer, particularly when the business is already managing stock, staff, suppliers, online orders and…
When Minnesota Trust Fund Penalties Are Assessed Incorrectly
A penalty assessed against a Minnesota trust fund can create personal exposure for an owner, director, officer, bookkeeper or other person the Minnesota…
Minnesota Tax Treatment of Work-From-Home Expense Reimbursements
Working from home can create a deceptively complicated tax question when an employer is based in Minnesota, an employee lives elsewhere, or a business has…
IRS Currently Not Collectible Status for Minnesota Small Business Owners
A Minnesota small business owner can be earning too little, holding very few assets, and still face persistent IRS collection activity. When available income…
Minnesota Sales Tax Returns for One-Time Sales
An Australian business or individual can create a Minnesota sales tax obligation from a single transaction, but one sale does not automatically mean a return…
Minnesota Property Tax Appeals for Vacant Land and Subdivisions
Owning vacant land in Minnesota can create a substantial tax burden even when the property produces no income. That concern is especially significant for…
IRS Trust Fund Recovery Penalties and Minnesota Nonprofit Boards
Serving on a Minnesota nonprofit board can feel far removed from day-to-day tax administration. Directors may volunteer at weekends, approve broad budgets, and…