Starting A Business: Part 2 | Minnesota

Q:  I got my entity picked, now what do I need to do to start my business? A:  First, you may need to get a Federal Identification Number from the IRS, unless you are eligible to use your social security number.  If you need one, you need to complete Form SS-4, which can be both … Read more

Fake IRS Letters | Rice County, Minnesota

Over the past couple of days, my office has received phone calls and clients stopping in with a letter from the IRS.  While this is fairly normal, these particular letters are, in fact, completely fake.  For one, the letter asks for a BLANK money order of $5,000 within ten business days.  The IRS would not … Read more

Follow-up on IRS Impersonators | Southern Minnesota

Q:  I heard that criminals are impersonating IRS agents with aggressive and threatening phone calls, is this true? A:  Yes, the Treasury Inspector General for Tax Administration (TIGTA) announced that they have received reports of roughly 896,000 contacts and have become aware of over 5,000 victims who have collectively paid over $26,500,000 as a result … Read more