IRS holding $917 million in refunds from 2009
Most often than not, it is the Internal Revenue Service that is seeking money from taxpayers. A notice may be sent that says a tax payer owes x-dollars in unpaid taxes, interest and penalties after an audit. In a rare situation, a recent report was released that the...Dayton proposes shift to sales tax, II
If you read our blog last week, we had a post that shared Minnesota Gov. Mark Dayton’s proposal to rely more on sales tax than on income tax. The plan in Minnesota involves a combination of income tax and a broadened sales tax base. This has created some...Tax picture changing in Minnesota? Dayton proposes shift to sales
Taxes are certainly not something that is set in stone although it might feel like it to the taxpayers. The kinds of taxes, the structure, set thresholds for certain deductions or taxes are constantly changing. In fact, Gov. Mark Dayton has discussed the idea of...Sequester enters picture as stalemate continues
There has been a buildup of debate, concern and even fear over the resolution to the federal budget issue. First, there was the pending fiscal cliff, then there was the talk of sequester. Federal lawmakers were able to avoid the fiscal cliff, but it appears as though...
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