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Correcting an IRS Notice for Unreported Third-Party Income
A 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 Court
A 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 veterans
Minnesota 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 File
Failing to file a federal income tax return does not make the filing obligation disappear. When the IRS receives income information from employers, banks,…
Tax consequences of forgiven debt in Minnesota
Having a loan balance canceled can feel like a financial release, but the tax effects may arrive later. Under federal tax law, canceled, forgiven, discharged,…
How to Handle a Multistate Tax Audit for a Minnesota Company
A multistate tax audit can affect a Minnesota company far beyond a single tax return. State revenue departments may examine income tax apportionment, sales and…
Sales tax audits for Minnesota restaurants and bars
A Minnesota restaurant or bar can face a sales tax audit even when its owners believe every return was filed on time. The Minnesota Department of Revenue may…
When the IRS Rejects Your Offer in Compromise
An IRS rejection of an Offer in Compromise does not always mean that tax debt settlement is impossible. It means the agency reviewed the financial information,…
Minnesota unclaimed property compliance and business tax consequences
Unclaimed property obligations can arise quietly in ordinary business operations. A stale payroll check, an unpaid vendor credit, an inactive customer account,…
IRS Audit Representation: What to Bring and What to Say
Receiving an IRS audit notice can make an ordinary tax year feel uncertain. The notice may request specific records, identify particular deductions, or ask you…