Income taxes consume quite a bit of an individual's paycheck and, therefore, directly affect their overall standard of living. When filing annual income tax returns, most working adults understandably want to minimize how much they end up paying the government. Some...
For those purchasing real estate, having a seller accept an offer often feels like a victory. Although it may mean that someone is in the home stretch, an accepted offer does not mean the race is over yet. Plenty can go wrong before people sign final documents and...
There’s been a lot of buzz about the fact that the IRS has been hiring lately, and that has a lot of sole proprietors and contract workers concerned about the possibility of audits in the future. A lot of that has to do with the fact that sole proprietors and contract...
Real estate transactions are often the biggest purchases that people living in Minnesota ever complete. You may spend hundreds of thousands of dollars, and you obviously want to make a smart choice about what property you purchase and how much you pay for it. Factors...
Maybe you are about to add a fresh college graduate to your accounting team. Perhaps you sign contracts with clients because you offer a countertop refinishing service. You might even be in the middle of negotiations with a supplier who could help you cut your costs...
If you owe money to the Internal Revenue Service and haven’t taken steps to pay what you owe, you may receive a letter in the mail that indicates that the IRS knows that you owe money or that it would like to have you contact it about an installment plan. In some...
Condominium associations perform an important role in their communities. They help establish rules that apply to all of the units. They invest in community spaces and maintain shared facilities, ranging from a lobby to exterior spaces for condo owners to enjoy. Condo...
Many adults only have to think about their income taxes when they file their annual tax returns. Their employers handle the necessary withholding of estimated taxes and send the money directly to federal and state authorities. However, those who aren't employees may...
A low unemployment rate may be good for the economy, but it can make hiring new employees a challenge. While there were certain challenges with the COVID-19 pandemic, many of those are reversing now that much of the state is going back to business as (somewhat) usual....
Many individuals become worried when facing IRS tax debt and the possibility of being summoned to attend a detailed audit. Failing to address this critical situation, however, can lead to increased penalties and devastating consequences. It is wise to confront the...
