Minnesota businessman accused of almost $1M in tax evasion
Business owners must navigate a wide range of tax obligations. A failure to properly abide by these obligations can lead to an audit and, depending on the findings of the audit, allegations of criminal wrongdoing.A local Minnesota businessman provides a current...One tip to reduce your tax bill and save you money
There are many tax strategies that can help reduce your tax bill, some more complex than others. But putting aside money into a retirement account is one relatively easy step that can save everyone money. The step is like a one-two punch — not only are you...What not to do with an offer in compromise for the IRS
Even Hollywood’s elite find the Internal Revenue Service (IRS) a tough adversary. The most recent to learn this lesson: Hollywood movie star Wesley Snipes.A bit of history, not Wesley Snipes’ first battle over taxes: The actor, famous for starring roles in...Four steps that will make a big difference if you get audited
Dealing with taxes every April is bad enough. One thing that can make tax-related stress even worse is getting a notice that you are also the subject of an audit by the Internal Revenue Service (IRS).There are steps you can take now that will make it much easier to...
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