Solid Solutions to Serious Tax Problems Income Tax Workouts • Responding to Notices
Business and Self-Employment Tax Problems
Free Initial 30 Minute Consultation 952-232-0371 | 877-221-1651
Hurry! Hurry! Hurry! Do Not Delay Responding to a Tax Notice
Learn How i can help

Contact Me

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

March 2017 Archives

In taxes, IRS gets first call on what's a frivolous argument

What is silly? What is frivolous? To call the sky yellow on a clear day surely fits the bill. Someone might try to make an argument for yellow skies, but most people will write it off as nonsense. At best, it might be dismissed as that person's opinion.

What to know about cancelled mortgage debt

Minnesota residents may be aware that canceled debt is generally considered as income that must be reported to the IRS. However, there are some exceptions to that rule. For instance, some homeowners who had their mortgage debt canceled in 2015 and 2016 may not have to count it as income. This exemption may apply to those who took out loans to buy, build or improve their main homes in a substantial manner.

The effect of constructive receipt on income taxes

Minnesota residents know that they have to report wage income on their tax returns. Typically, income is reported on a W-2 or a Form 1099. However, there are other forms of income that may need to be reported even if no cash is involved. The concept of constructive receipt says that an individual must report income when he or she has the right to receive it.

Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters.