August, 2017 | Pridgeon & Zoss, PLLC

IRS to crack down on unreported employment tax

On behalf of Pridgeon & Zoss, PLLC | Aug 31, 2017 | IRS

The United States Treasury Inspector General for Tax Administration (TIGTA) recently released a report finding “billions of dollars of employment taxes are uncollected.” As a result, the Internal Revenue Service (IRS) is focusing in on businesses that have...

4 FAQs about moving, starting a new job and tax consequences

On behalf of Pridgeon & Zoss, PLLC | Aug 17, 2017 | IRS

Getting a new job is an exciting prospect. For some, this requires moving to a new area and potentially selling an old home. These are big life changes that often come with a number of questions, some of the more common follow. Are there any tax benefits to moving for...

Win big at the casino in MN? Don’t forget about Uncle Sam’s cut.

On behalf of Pridgeon & Zoss, PLLC | Aug 7, 2017 | IRS

Winning big at a casino is cause to celebrate. But, before celebrations get too out of hand, be sure to keep in mind that a chunk of those winnings will go to Uncle Sam. A failure to pay these taxes can result in an audit, which could lead to penalties and fees that...