Delinquency

Payroll taxes are one of the more serious side effects of being an employer. The payroll tax is owed by the employer and must be collected and paid to the IRS, but it is treated differently than typical income tax payments by a taxpayer. Because the payroll, or FICA tax, is a component of thecontinue reading…

The short and unequivocal answer to the question posed in the above headline is this: No, liens and levies filed against a taxpayer’s property and assets by the Internal Revenue Service or Minnesota Department of Revenue are distinct legal instruments bringing different results. Prior to any discussion of these potent tax agency tools, it meritscontinue reading…

Those who own or operate a business in Minnesota are likely familiar with paying their taxes and the different types of tax for which they are responsible. However, tax law can be complex, and even experienced business people may face a review of either their personal or business taxes. When this happens, they can benefitcontinue reading…