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S-corp shareholder compensation in Minnesota: salary vs. distributionsFor Minnesota business owners, choosing between salary and shareholder distributions is more than a payroll decision. The classification affects employment…IRS Correspondence Audits: How to Respond EffectivelyAn IRS correspondence audit is conducted through letters rather than an in-person examination. The agency may ask you to substantiate deductions, credits,…Minnesota Tax Rules for Intellectual Property RoyaltiesRoyalties from patents, copyrights, trademarks, trade names, software, licensing rights, and other intellectual property can create several Minnesota tax…The Fresh Start Program and IRS tax debt relief in MinnesotaFor Minnesota taxpayers facing unpaid federal taxes, the IRS Fresh Start initiative can make repayment more manageable. It is not a single application or…How a Tax Attorney Can Stop an IRS Seizure of Business EquipmentAn IRS seizure can threaten the machinery, vehicles, computers, tools, and inventory a company needs to operate. When federal tax debt remains unpaid, the…Minnesota Business Tax Deductions for Home Office ExpensesA home office can be a legitimate business expense when it is used in a way that satisfies federal tax rules and the related Minnesota filing requirements. The…Correcting an IRS Notice for Unreported Third-Party IncomeA notice about unreported income can be alarming, especially when the amount comes from a bank, brokerage, payment processor, employer, or other third party.…Challenging a Minnesota Department of Revenue Assessment in State CourtA Minnesota Department of Revenue assessment can create immediate financial pressure for an individual or business. The notice may demand unpaid income tax,…Minnesota tax relief options for disabled veteransMinnesota offers meaningful tax relief to qualifying disabled veterans, but the benefits are often misunderstood. The primary state program is a property tax…IRS Substitute Returns: What Happens When You Don’t FileFailing to file a federal income tax return does not make the filing obligation disappear. When the IRS receives income information from employers, banks,… 
