The IRS and Minnesota Department of Revenue take a close look at the returns of owners and operators of businesses, particularly operations such as bars, restaurants and nightclubs that historically have frequent cash transactions. It is not unusual for owners to receive official notice that their personal income tax returns and business tax returns and records are under review for unreported income or failure to pay sales taxes on revenues or withholding tax on employees. Often, corporate officers are surprised to learn that they may share responsibility for unpaid tax liability, in the event the corporate tax structure does not protect them from liability.
If you are the owner or operator of a business in Minnesota, or are located in western Wisconsin and own a Minnesota business or have a federal tax debt, dispute or question, and have received notification of an audit by the IRS or Minnesota Department of Revenue regarding an audit for possible tax evasion or underpayment of taxes, talk to our tax attorneys at Pridgeon & Zoss, PLLC well in advance about responding to the notice.
In addition to being an experienced tax lawyer, attorney Mark Pridgeon is also a certified public accountant. With more than 35 years of professional work experience exclusively in the area of IRS and Minnesota tax accountancy and law, Mark has earned recognition as one of the Twin Cities area’s pre-eminent tax law attorneys. Attorney Dave Zoss has a Master of Law degree in Taxation to go along with over 40 years of professional experience as a licensed attorney, including nearly 30 years as an IRS litigation attorney. Dave taught law school-level federal tax classes on numerous occasions, and is also and is also a published author on tax and tax-accounting issues. He also is recognized as one of the Twin Cities area’s pre-eminent tax law attorneys.
Business owners have rights under the U.S. and Minnesota tax codes. If your business is facing a serious liability for uncollected taxes, our legal team will evaluate your circumstances and give you an honest assessment of your options for moving forward.
“Our practice is founded on integrity and honest hard work for my clients. Tax officials know that we practice with respect for the law and zeal for protecting our clients’ rights. When we challenge a tax liability, our reputation for integrity often makes the difference.” – Attorneys Mark Pridgeon and Dave Zoss.
Pridgeon & Zoss, PLLC has a record of successes helping clients resolve problems involving federal and Minnesota Department of Revenue liabilities for uncollected taxes, including resolving issues such as:
- Payroll tax withholding, trust violations, underpayment of employment taxes
- Personal liability for business taxes
- Responding to notices and tax audits
- Tax disputes and appeals, tax litigation
- Reducing or eliminating penalties and fines
- Offers in compromise, options for outstanding balances, installment plans
- Tax liens, tax levies and IRS collections
Penalties and Fines
Penalties, interest and fines are often an unfortunate reality for taxpayers facing tax liabilities for tax evasion, late payment, unreported income or claiming unauthorized tax deductions and credits. If you have been notified of heavy penalties or fines that will increase your total tax liability, it may help to know that federal and state tax collection authorities are often more interested in collecting the taxes due, than the fines and penalties. It is often possible to reduce or eliminate the penalties and fines by working out an acceptable offer in compromise.
If you are a resident of Minnesota or Western Wisconsin and are facing a significant fine for taxes owed over $20,000 to the IRS or Minnesota Department of Revenue, arrange a consultation with a tax law attorney at Pridgeon & Zoss, PLLC. Our lawyers have applied their entire professional careers to the practice of tax law, combining years IRS tax law experience, before opening a tax law firm to help taxpayers who are facing significant tax problems at the state or federal level.
“In our experience, tax authorities are primarily interested in making sure you meet your tax obligations. We have earned the respect of the people at the Minnesota IRS offices and at the Minnesota Department of Revenue. When we propose a reasonable solution to reduce or eliminate a penalty or fine, they trust that it is in the best interest of all parties.” – Attorneys Mark Pridgeon and Dave Zoss
Minnesota Attorneys Handling Withholding Tax Cases
From offices in Edina and St. Anthony, Minnesota, Pridgeon & Zoss, PLLC advises and represents clients in communities throughout Minnesota and Western Wisconsin. If you are facing a significant tax liability of $20,000 or more, contact the firm for a no-cost half-hour initial consultation with a Minneapolis tax dispute attorney at Pridgeon & Zoss, PLLC, today. You can reach us toll free at 1-866-989-2796 or 952-835-8320. You may also use the convenient email contact form to explain your circumstances and request a consultation.
Weekday office hours are 9 a.m. to 5 p.m. in our Edina office, and 10:00 a.m. to 4:00 p.m. in our St. Anthony office. Evening and weekend appointments may be available by special arrangement.