You do business in Minnesota or Wisconsin, or both. In today’s business environment, the big buzzword is growth. If you aren’t growing, your business is dying. At least that’s the admonition from some business experts. However, with every step forward that a company takes, there are risks that have to be assessed and addressed. Taxescontinue reading…
Tax Controversy
Prince music deal: Step toward tax resolution or controversy?
On this day in history, U.S. Grant won the presidential election of 1868. That’s just one little tidbit of trivia that has been recorded and which operations like The Associated Press make available to subscribers. One other notable recent benchmark that we think went largely unnoticed by nearly everyone in Minnesota and the rest ofcontinue reading…
The IRS has a special force, too
If you are considered a threat to national security, there are people in the government who have been trained to deal with you. They go by different names. Delta Force. Navy Seals. In the fictional realm, you have Men in Black. The thing that these forces all have in common is that they are madecontinue reading…
State Supreme Court ruling upholds taxation of the whole, not parts
When you buy a car in Minnesota or Wisconsin, you pay a sales tax on the price of the whole vehicle. You don’t, nor should you expect to, pay taxes on the purchase of every individual part that goes into that vehicle. Many experts would likely argue that such a practice is inherently impractical andcontinue reading…
After a bad audit, preparing for the appeal process
No one likes to hear that the government is auditing them. Whether the Internal Revenue Service or revenue officials in Minnesota or Wisconsin wield the fine – toothed comb, the prospect of the process is enough to leave a person with a major lump in his or her throat. However, the right response to beingcontinue reading…
