Audits

The deadline for getting those taxes in is quickly approaching, with April 15th right around the corner. For those in Minnesota who have yet to file, this is the time many are doing a mad dash trying to get all their paperwork in order. However, while the deadline is approaching, don’t let the stress ofcontinue reading…

Every year at this time, millions of Americans are preparing to submit a tax return to the Internal Revenue Service with the hope that everything will be processed as expected. The unfortunate reality is that well-intentioned people can receive a notice of audit from the IRS, rather than the refund check they were expecting. Incontinue reading…

Divorce can be a very difficult process for couples to complete, so imagine the stress and anxiety that a tax audit would add to the situation. The unfortunate reality, however, is that certain aspects of divorce could pique the interest of the Internal Revenue Service, particularly if a couple is splitting a large amount ofcontinue reading…

When a company is growing into international markets, it’s a sign of success. At the same time, however, businesses must work within a patchwork of laws when expanding business operations into a new country. Of course, this also means companies must take steps to adapt to differences in tax liabilities between nations. McDonald’s was just the mostcontinue reading…

Receiving notice of an Internal Revenue Service audit can create anxiety for individuals and businesses, no matter the value of their assets. Even if a person or organization has not knowingly provided inaccurate information to the IRS, it is definitely something to take seriously. A new audit rule, set to take effect as the calendar turns tocontinue reading…