Oversight report shows IRS failing in PPIA review duty
The Internal Revenue Service has a lot of enforcement power over government money and taxpayers as well in Minnesota and all other 50 states. The agency is essentially the biggest “collector” in the country, which is why the agency surely needs a little...Can the IRS go after a business to satisfy a personal liability?
There are a lot of taxpayers in Minneapolis that have ties to a business, whether it is a somewhat detached investment interest or a hands-on management role. Can these businesses be reached to satisfy a personal tax liability? The answer, like so many others is...More money means higher risk for audit
It does not seem fair — and it probably isn’t. However, the more income that you earn, the higher chance you have for a tax audit conducted by the Internal Revenue Service. The overall chance of falling on the receiving end of a tax audit is about 1...
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