The Internal Revenue Service has more than one problem. Noncompliance, scofflaws, tax evasion, plus plain vanilla tax errors found during random audits of Minnesota taxpayers are just a few of the issues with which the IRS is dealing. An additional issue in recent years has been identity theft which can lead to fraudulent tax returns. Taxcontinue reading…
Downhill skier pays a mountain of back taxes
In many ways celebrities are just like us. They work hard at their jobs. They get married — they divorce. And they file their tax returns. For Lindsey Vonn, the Olympic gold medalist and world champion skier from Minnesota, her career and marriage and taxes all combined into one story. The Internal Revenue Service reportedlycontinue reading…
Six post tax day tips – – what to keep?
Whether you use a professional tax preparer, or do your taxes with a pencil at the kitchen table, once your taxes are done, what do you do with all that paper? The temptation may be to keep it all, but that would be too much. Other people may want to keep only the return itself,continue reading…
