News

Minnesota Section 179 Rules for Heavy Equipment Purchases
Buying heavy equipment can produce a substantial federal tax deduction when the asset qualifies for Section 179 expensing. Excavators, loaders, skid steers,…
Reinstating A Lapsed IRS Payment Plan In Minnesota
An IRS installment agreement can provide essential breathing room when a taxpayer cannot pay a federal tax bill in full. The arrangement requires regular…
Minnesota service tax: consulting or construction?
Minnesota sales tax does not apply to every service sold by a business. That can feel unfamiliar to Australian readers used to the broad reach of GST, where…
How to respond to a Minnesota Department of Revenue field audit letter
Receiving a field audit letter from the Minnesota Department of Revenue can be unsettling, particularly when you are managing a business from Australia. A…
Minnesota Tax Treatment of Restricted Stock Units for Australian Employees
Restricted stock units can look straightforward when they appear in an employment offer, yet their tax treatment often spans several events, jurisdictions, and…
IRS Collection Alternatives for Minnesota Taxpayers With Ongoing Business Losses
A business can be commercially valuable while still producing tax losses. Seasonal revenue, rising wages, inventory costs, lease commitments, and unexpected…
Cross-border retirement tax planning for Minnesota residents
Australians settling in Minneapolis-St. Paul or working remotely for Sydney-based employers are increasingly encountering the complexities of US retirement…
Minnesota tax clearance letters when you sell a business
Selling a business in Minnesota is rarely as simple as signing paperwork and waiting for the wire to land. State authorities want assurance that the entity…
Minnesota sales tax on printed advertising materials and brochures
For many marketing teams, the cost of printing brochures and direct mail pieces feels like a straightforward business expense. Yet in Minnesota, the tax…
IRS Audit Defence for Minnesota Taxpayers With Foreign Accounts
Living abroad while still owing tax obligations to the United States can feel like navigating a bureaucratic maze built for someone else's rules. For…