News

Minnesota use tax on out-of-state purchases explained
Minnesota’s use tax applies when a resident buys a taxable product or service without paying the required Minnesota sales tax and then uses it in the state. It…
IRS Collection Due Process Hearings for Minnesota Taxpayers
Receiving an IRS notice that threatens a federal tax lien or levy can make an already difficult tax problem feel immediate and overwhelming. A Collection Due…
How to Appeal a Minnesota Sales Tax Denial
A denial from the Minnesota Department of Revenue can affect a business’s cash flow, customer relationships, and ongoing ability to operate. The decision may…
Minnesota tax issues for nonresident rental property owners
Owning a rental home, duplex, apartment building, or vacation property in Minnesota can create state tax obligations even when the owner lives elsewhere.…
Penalty Relief for First-Time Tax Offenders in Minnesota
A tax penalty can grow quickly after a missed filing, late payment, or inaccurate return. For individuals and businesses in Minnesota, the balance may include…
What to Do When Minnesota Freezes Your Business Bank Account
A frozen business bank account can interrupt payroll, vendor payments, inventory purchases, and ordinary operating expenses within hours. The restriction may…
S-corp shareholder compensation in Minnesota: salary vs. distributions
For 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 Effectively
An 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 Royalties
Royalties 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 Minnesota
For Minnesota taxpayers facing unpaid federal taxes, the IRS Fresh Start initiative can make repayment more manageable. It is not a single application or…