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IRS payment options for a Minnesota LLC
An IRS installment agreement and an offer in compromise can both address unpaid federal tax, but they solve different problems. An installment agreement…
Minnesota Individual Income Tax Audit: Red Flags and Triggers
A Minnesota individual income tax audit can be unsettling, particularly when the taxpayer lives overseas or has financial ties across several jurisdictions.…
Negotiating a Minnesota state tax lien subordination
When a business owner in Sydney discovers that the Minnesota Department of Revenue has filed a state tax lien against an entity tied to a US-based investment,…
Minnesota Business Dissolution and Its State and Federal Tax Impact
When a Minnesota business closes its doors, the work is far from finished. Federal and state tax authorities expect a sequence of filings, asset valuations,…
IRS penalty abatement options for first-time Minnesota taxpayers
Australians living in Melbourne or Sydney sometimes carry tax obligations they never expected. Holding shares in a US company, receiving royalties from…
Minnesota Sales Tax Rules for Commercial Property Repairs
For Australian businesses investing in or operating commercial property in Minnesota, sales tax treatment can be less intuitive than GST treatment in…
Amending a Minnesota state tax return after an IRS adjustment
When the Internal Revenue Service adjusts a federal return, the ripple often reaches a state revenue department within weeks. Australians living between Sydney…
Resolving IRS Self-Employment Tax Debt Through an Offer in Compromise
Running a small business or working as a freelancer comes with a level of financial juggling that would test any seasoned bookkeeper. When self-employment…
Minnesota Tax Rules When Selling Your Main Home
Selling a primary residence in Minnesota can create federal and state tax questions, particularly when the owner has moved between countries, rented the…
Federal Tax Liens and the Path to Discharge in Minnesota Bankruptcy
Australians with United States tax obligations often face complex questions when the Internal Revenue Service files a lien against their property. Whether you…