Back Taxes Or Tax Debt

Many Minnesota residents make painstaking efforts to plan personal budgets and finances. However, no amount of preparation can account for unexpected, drastic changes in income or expenses. Knowing this, a person can fall behind on financial obligations. Along the way, a person could also fail to meet his or her tax burden. Although a personcontinue reading…

As the new year continues to settle in, many Minnesota residents are beginning to think about their state and federal income tax filings. Of course, this means it’s necessary to gather records of income related to work, investments and other financial instruments. What some people may not realize is that that canceled debt is alsocontinue reading…

Over the last several years, Manny Pacquiao has earned his way to becoming one of the most successful boxers in the world. In fact, he was listed as the 14th highest paid athlete in 2013 by Forbes. Of course, these earnings aren’t without sizeable tax liabilities. Even though Pacquiao has gone to significant lengths to plancontinue reading…

Life can be full of twists and turns. Keeping this in mind, a person’s financial fortunes can change almost overnight. A medical emergency could create a significant amount of debt, leaving an individual wondering what to do next. In this situation, it’s not hard to understand why people may suddenly be unable to pay theircontinue reading…

In the 1990s, people across the country lined up for hours to purchase Beanie Babies. High demand for the stuffed animals caused them to become instantly collectible. Since that time, however, interest in the product has diminished, and the toy’s creator, H. Ty Warner, has seen this reflected in his company’s income. After Beanie Babiescontinue reading…