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Minnesota Tax Consequences of Selling a Business to an ESOPSelling a business to an employee stock ownership plan (ESOP) can give an owner a succession strategy, provide employees with an ownership interest, and create…How to Prove Residency and Avoid Minnesota Income TaxRemote work has made state residency harder to establish and easier to dispute. A person may work for a Minnesota company from a home in another state, split…IRS Offers in Compromise After the Collection Period ExpiresFor a Minnesota taxpayer facing old federal tax debt, an Offer in Compromise may appear to be the cleanest way to settle the account. Yet when the IRS…Minnesota Sales Tax Exemption For Manufacturing Equipment PurchasesA Minnesota business may be able to buy qualifying manufacturing machinery without paying sales tax at the time of purchase. The exemption can reduce the cost…How to Handle an IRS Levy on Your Minnesota Bank AccountAn IRS bank levy can be alarming because it reaches money already sitting in an account, rather than simply sending a warning about a future debt. For someone…When Minnesota Tax Penalties May Be Reduced Through AbatementA Minnesota tax penalty can arise from a late return, late payment, underpayment of estimated tax, inaccurate information, or a failure to comply with a state…Minnesota Crypto Tax Rules for Individual InvestorsCryptocurrency can create Minnesota tax obligations even when no dollars are withdrawn to a bank account. Selling Bitcoin for US dollars, exchanging Ether for…IRS Audit Triggers for Minnesota Real Estate InvestorsMinnesota real estate can look familiar to an Australian investor: rental homes, apartment buildings, commercial premises and renovation projects all produce…How to Request a Minnesota Department of Revenue Informal ConferenceA Minnesota Department of Revenue audit or adjustment notice does not always require immediate litigation. In many disputes, a taxpayer can ask for an informal…Navigating a Minnesota sales tax audit for a retail businessA Minnesota sales tax audit can be unsettling for a retailer, particularly when the business is already managing stock, staff, suppliers, online orders and… 
