IRS case against bakery enough to make more than dough rise
We have written before that when a Minnesota taxpayer is in a dispute with the IRS, it’s important to have the right representation. The level of success may well depend not only on whether you have a qualified accountant at your side, but also if you have an...‘Not collectible’ status doesn’t lift tax obligation
Not everyone is flush with ready cash at any given moment. Many families in Minneapolis-St. Paul work on tight budgets. So, when the IRS drops a notice on you that says you have an outstanding tax obligation due, it may not only come as a surprise but also cause you a...What are the chances of an IRS audit and should I worry?
Most people don’t cheat on their taxes. The forms aren’t all that easy to comprehend and fill out, even if you are a certified public accountant, so someone in Minnesota might innocently make a mistake in calculations or reporting. None of that means much,...On amended tax returns, and why you shouldn’t worry too much
So you filed your tax return a few months ago and it feels great to have your tax refund in the bank. You go about your day merrily, thinking nothing of it. In fact, days, weeks and even months pass before you even think about that tax return. One day, it just pops...How do I get out from under tax debt?
Owing back taxes or a tax debt to the IRS can be stressful. The situation may have been caused by several things:Being self-employed and not having taxes withheldNot having enough taxes taken out initiallyNot having the money to pay taxes when they were dueSimply not...
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