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Navigating a Minnesota Multi-Year Sales Tax AuditA Minnesota sales tax audit can reach far beyond a review of a few invoices. When the Minnesota Department of Revenue examines several tax periods, it may…Minnesota corporate franchise tax filing requirementsMinnesota’s franchise tax is the state corporate income tax imposed on corporations that are organized in Minnesota or conduct business in the state. The…How Future Income Shapes an IRS Offer in CompromiseAn Offer in Compromise (OIC) allows an eligible taxpayer to settle certain federal tax debts for less than the full balance. The IRS generally evaluates…The Effect of an IRS Levy on Your Minnesota Small Business Bank AccountAn IRS levy on a Minnesota small business bank account can interrupt operations with little warning. The bank may restrict funds needed for payroll, rent,…When an IRS summons reaches a businessAn IRS summons can require a company, its officers, or a third party to provide records, answer questions, or appear for testimony. Receiving one does not…Minnesota tax credits for historic building rehabilitationRehabilitating an older commercial property can preserve architectural character while creating a valuable source of financing. In Minnesota, qualifying…When the IRS Uses a Substitute for Return to Assess Your Tax LiabilityA missing federal tax return does not prevent the IRS from calculating and collecting a liability. If its records show that you received wages, business…Penalty Abatement for Minnesota State Tax FilersA Minnesota tax penalty can add substantially to an unpaid balance, particularly when late-filing, late-payment, estimated-tax, or reporting penalties continue…Minnesota Sales Tax Rules for Auto Repair ShopsAutomotive repair businesses in Minnesota must manage more than parts invoices and labor charges. Sales tax can apply to repair work, replacement components,…Discharging Tax Debt Through Chapter 7 in MinnesotaBankruptcy can eliminate some federal and Minnesota tax liabilities, but tax debt does not become dischargeable simply because a Chapter 7 case is filed. The… 
