Many taxpayers in Minnesota and nationally will readily confess to having a bit of fear regarding their dealings with the Internal Revenue Service.
Tax liens and levies: Are they the same thing?
The short and unequivocal answer to the question posed in the above headline is this: No, liens and levies filed against a taxpayer’s property and assets by the Internal Revenue Service or Minnesota Department of Revenue are distinct legal instruments bringing different results.
Uncollected taxes can affect Minnesota business owners
Those who own or operate a business in Minnesota are likely familiar with paying their taxes and the different types of tax for which they are responsible. However, tax law can be complex, and even experienced business people may face a review of either their personal or business taxes. When this happens, they can benefit greatly from the advice of an experienced professional who will consider all factors of their personal situation. Mark A. Pridgeon, Attorney at Law, and his team have assisted many people who are facing liability from uncollected taxes.
How can I avoid or handle a tax audit in Minnesota?
Taxes are a certainty of life. No matter how one feels about having to pay taxes each year, it is unavoidable. If a person experiences a tax audit, it can be a stressful event. Fortunately, there are some measures that Minnesota families can take to minimize their chance that they will be audited and there are ways to manage an audit if it does occur.
