News

Common Deduction Pitfalls That Trigger IRS Audits of Minnesota Rental Property Owners
Minnesota's rental market has drawn steady interest from both local landlords and overseas investors, including Australians who balance duplexes in Minneapolis…
What to do when the IRS seizes your Minnesota business assets
Receiving notice that the Internal Revenue Service is moving against your Minnesota business can feel like the ground shifting. Bank accounts can be frozen,…
Minnesota State and Federal Tax Liens: Priority and Enforcement
When a person or company owes a tax debt, the relevant authority can register a claim against the debtor's property. In the United States, both the Internal…
How to respond to an IRS levy on your Minnesota bank account
Waking up to find your bank account frozen because of a US tax issue is a fair dinkum shock, especially when you are sitting in Sydney or Melbourne and assumed…
ling contingent tax debts through an IRS offer in compromise
A contingent liability is a debt that may or may not become due, depending on the outcome of a future event. For Minnesota taxpayers with cross-border ties to…
Securing a Minnesota sales tax permit for your seasonal business
Operating a pop-up market stall along Melbourne's St Kilda esplanade one summer and disappearing the next is a rhythm plenty of Australian founders know well.…
Minnesota Section 179 Rules for Heavy Equipment Purchases
Buying heavy equipment can produce a substantial federal tax deduction when the asset qualifies for Section 179 expensing. Excavators, loaders, skid steers,…
Reinstating A Lapsed IRS Payment Plan In Minnesota
An IRS installment agreement can provide essential breathing room when a taxpayer cannot pay a federal tax bill in full. The arrangement requires regular…
Minnesota service tax: consulting or construction?
Minnesota sales tax does not apply to every service sold by a business. That can feel unfamiliar to Australian readers used to the broad reach of GST, where…
How to respond to a Minnesota Department of Revenue field audit letter
Receiving a field audit letter from the Minnesota Department of Revenue can be unsettling, particularly when you are managing a business from Australia. A…