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When the IRS Seizes Real Estate in MinnesotaAn IRS seizure of real estate is one of the most serious collection actions a taxpayer can face. It can place a home, commercial building, land parcel, or…Structuring a Business Loan to Avoid IRS Debt Classification in MinnesotaA business loan can provide working capital without creating taxable income. The basic rule is that borrowed money is generally not income because the borrower…Minnesota tax implications of inherited retirement accountsInheriting a 401(k), traditional IRA, Roth IRA, or other retirement account can create tax obligations that are easy to overlook. The beneficiary may need to…IRS trust fund recovery penalty: defending against the 100% assessmentWhen a business fails to send withheld payroll taxes to the IRS, the government may pursue the individuals it believes were responsible. The resulting Trust…Filing an Innocent Spouse Claim in MinnesotaA joint tax return can create shared responsibility for an unpaid balance, even when one spouse handled the finances, prepared the return, or concealed income.…Understanding Minnesota’s Tax Collection Time LimitsMinnesota tax liabilities do not remain collectible forever in every situation. State law establishes a period during which the Minnesota Department of Revenue…Challenging a wrongful IRS levy on your personal bank accountA bank levy can turn an unresolved tax balance into an immediate financial crisis. When the Internal Revenue Service serves a levy on your account, the bank…Minnesota Tax Treatment of Employee Relocation Expenses and ReimbursementsMoving an employee to Minnesota can create tax consequences for the worker and the employer. The result depends on whether the payment covers a business…When the IRS Levies Your Minnesota Social Security BenefitsA levy on Social Security benefits can disrupt a household budget immediately. The IRS may collect certain unpaid federal taxes through the Federal Payment…Navigating a Multi-Year IRS Audit as a Minnesota Small Business OwnerA multi-year IRS audit can affect far more than a single tax return. The examination may cover several filing periods, involve related business and personal… 
