On behalf of Pridgeon & Zoss, PLLC | Jul 31, 2012 | Tax Controversy
If a piece of art cannot be legally sold, how can it have a value? In the drug world, those items which are possessed and cannot be legally sold (heroin for example) are confiscated by the government. In the art world, it seems an item which is possessed and cannot be...
On behalf of Pridgeon & Zoss, PLLC | Jul 27, 2012 | IRS
Nonpayment of federal taxes is a very serious matter and can land someone in prison. Famously, the gangster Al Capone who was said to vacation on White Bear Lake, Minnesota, was put in prison not for murder or racketeering, but for federal tax evasion.Recently it was...
On behalf of Pridgeon & Zoss, PLLC | Jul 21, 2012 | IRS
Our Minnesota readers probably know that years ago there were national laws created to protect consumers from creditor harassment. For example, to collect a past-due credit card debt, a collector must refrain from abusive practices such as after-hours phone...
On behalf of Pridgeon & Zoss, PLLC | Jul 13, 2012 | Tax Controversy
Normally when one thinks of tax fraud, one thinks of big crooked deals cooked up by shady characters. One doesn’t think of a 52-year-old woman in Duluth misstating her income by less than $7,000 over four separate tax years.And yet, that is the charge. A...
On behalf of Pridgeon & Zoss, PLLC | Jul 7, 2012 | IRS
Imagine your Minnesota business has workers with desks in your building, who maintain regular hours and receive instruction and guidance from management. Are those people independent contractors? Not likely.If you are an employer who has people performing the same...