News
Negotiating With The Minnesota Department Of RevenueNegotiating with the Minnesota Department of Revenue requires preparation, timing, and a clear understanding of the agency’s procedures. Whether the issue…Minnesota Tax Relief Options for Identity Theft VictimsIdentity theft can create a tax problem that appears to belong to you even though you never earned the income, opened the account, or claimed the refund. A…How To Respond To An IRS Notice Of DeficiencyAn IRS notice of deficiency is a formal letter stating that the agency believes you owe additional federal income tax, penalties, and possibly interest. It is…Uncollected Payroll Taxes: Risks for Business Partners and OfficersPayroll taxes create a special level of risk for business owners and managers. Amounts withheld from employees’ wages for federal income tax, Social Security,…Minnesota State Tax Court: When to File a PetitionA dispute with the Minnesota Department of Revenue can move quickly once the agency issues a formal order. Whether the matter involves individual income tax,…Can the IRS Seize Your Home in Minnesota?An unpaid federal tax bill can place serious pressure on a Minnesota homeowner. The IRS may file a federal tax lien, send collection notices, levy bank…Tax Debt Pitfalls for Minneapolis Self-Employed ProfessionalsSelf-employed professionals in Minneapolis often have more control over their schedules and revenue than traditional employees, but that flexibility comes with…IRS Installment Agreements: How To Negotiate A Manageable Payment PlanAn IRS installment agreement can give taxpayers time to resolve federal tax debt without paying the full balance immediately. The arrangement converts an…Minnesota Estate Tax Responsibilities For ExecutorsServing as an executor in Minnesota involves more than collecting assets and distributing property. You may need to identify taxable transfers, obtain…When the IRS levies your bank account: immediate steps to takeA bank account levy can turn an ordinary tax dispute into an immediate cash-flow crisis. The IRS may instruct your bank to freeze funds in an account and send…