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Trust Fund Recovery Penalty Strategies for Minnesota Corporate Officers
Corporate officers who oversee payroll and withholding duties face a sobering reality: when a company fails to remit trust fund taxes to the IRS, the…
How to Handle an IRS CP2000 Notice for Minnesota Income
An IRS CP2000 notice can arrive when information reported to the tax authority by an employer, bank, broker, payer, or partnership does not match the income…
Minnesota manufacturing equipment sales tax exemptions explained
A Minnesota manufacturer may be able to buy qualifying machinery and equipment without paying sales tax at the time of purchase. The exemption is designed for…
Documentation Strategies for Minnesota Tax Abatement Based on Reasonable Cause
A Minnesota tax bill can grow quickly when penalties and interest are added to an underlying assessment. Individuals, company directors, trustees and finance…
How to Challenge Federal Tax Consequences After a Minnesota Audit
A Minnesota state tax audit may uncover income, deductions, residency issues, or sales tax liabilities that also affect a federal return. That does not mean…
Minnesota tax refund offsets and federal student loans
A Minnesota tax refund offset to pay federal student loans can come as a surprise, particularly for someone living in Australia who still files a US return,…
Requesting an IRS Collection Due Process Hearing for Minnesota Tax Debt
When a letter from the Internal Revenue Service lands in your letterbox about a Minnesota tax debt, the natural reaction for many Australians is to leave it in…
Minnesota sales tax audits of construction contractors explained
Construction projects generate complicated paper trails. Receipts for lumber, concrete, fixtures, and subcontracted labour flow through job-costing software,…
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,…