There are so many sayings that seem to apply to our topic today. There’s the one in the headline. There’s also, once bitten, twice shy. And how about, the definition of insanity is doing the same thing over and over again and expecting a different result. Back in April, word came down that the IRScontinue reading…
Rely on IRS.gov FAQs at your peril
If you have questions about immigration to the United States, you go to USCIS.gov, the official website for the Citizenship and Immigration Services. They have a Frequently Asked Questions area you can turn to and hopefully get straight answers to specific questions. The same goes for most of the major departments. As important as thecontinue reading…
Dealing with IRS liens against property
When you purchase property, is it really yours? The answer, of course, is yes. However, there are qualifiers. If you borrow money to buy a house or car and use the property as collateral, your lender has a stake in the game in the form of a lien. However, even if you hold clear titlecontinue reading…
The tax challenges of legalized marijuana
Talk about your sticky wickets. Pardon what might seem a flip remark about a sensitive issue, but it’s hard to describe the situation regarding legalizing marijuana any other way. Minnesota is only at the stage of allowing the use of marijuana for a short list of specific medical conditions. Regulatory structures for that aren’t incontinue reading…
Avoiding harsh penalties for honest tax mistakes
The power of the Internal Revenue Service can be immense. It has the capacity to make life misery for anyone in Minnesota suspected of failing to meet tax obligations. The agency doesn’t tend to wield that power right off the bat, however. An experienced tax attorney knows that actions don’t tend to start with audits.continue reading…