IRS Announces More Flexible Offer-in-Compromise Terms
The IRS announced today that it is expanding its “Fresh Start” initiative to provide for more flexible terms to its Offer in Compromise (OIC) [...]
Underpayment and Overpayment Interest Rates for the First Quarter of 2012
On November 29, 2011, the Internal Revenue Service announced that underpayment and overpayment interest rates will remain the same for the calendar quarter beginning [...]
Tax Lawyers St Paul: Tax Filing Deadline Extended to April 18, 2011
On January 4, 2011, IRS extended the tax filing and tax payment deadline for individual taxpayers until April 18, 2011. The extension is made [...]
Tax Attorney St Paul | Who Must Wait to File 2010 Tax Return
While for most taxpayers, the 2011 tax filing season starts on schedule. Due to tax law changes enacted by Congress in December, however, some [...]
Partnership Tax Lawyers St Paul | Partnerships: Required Taxable Year
Under the U.S. tax laws, partnership income and expenses flow through to each partner in a partnership, at a partnership’s tax year-end. Generally, the [...]