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How to Request an IRS Installment Agreement for Prior-Year Tax DebtA prior-year tax balance can remain unresolved long after the return was filed. Interest and late-payment penalties may continue to accrue, IRS notices may…When a business partner’s tax debt becomes your problemA business partner’s unpaid tax bill can begin as a private financial issue and quickly become a business disruption. The IRS or Minnesota Department of…Minnesota tax treatment of legal settlements and court awardsA settlement or court award can resolve a dispute while creating a separate tax question. The amount received, the claims involved, the agreement’s wording,…IRS tax lien subordination when selling or refinancing a homeAn IRS tax lien can complicate a home sale or refinance because the federal government has a legal claim against a taxpayer’s property. A mortgage lender or…Minnesota Medical Assistance Estate Recovery ExplainedMinnesota’s Medical Assistance (MA) program can help pay for nursing home care, home-based services, and other medical needs when a person meets financial and…How to Prove Reasonable Cause for an IRS Late-Filing PenaltyReceiving an IRS notice about a late-filing penalty can be alarming, especially when the return was eventually filed and the taxpayer did not intend to…Joint or separate filing when spouses have unresolved tax debtA spouse facing IRS or Minnesota tax debt may assume that filing separately is the safest way to protect the other spouse. That assumption can be wrong. Filing…Reporting Forgiven Mortgage Debt on a Minnesota Tax ReturnWhen a lender cancels, reduces, or settles mortgage debt, the unpaid amount may be treated as cancellation-of-debt income. A borrower who receives a Form…Minnesota use tax on out-of-state purchases explainedMinnesota’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 TaxpayersReceiving 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… 
