Yellow files inside a filing drawer.

Minnesota Supreme Court: The Consequences of Poor Recordkeeping

The Minnesota Supreme Court recently issued a decision that serves as an important reminder for business owners: maintaining accurate books and records is not merely a best practice, it is a legal requirement. In PASCP, Inc. v. Commissioner of Revenue, the Court upheld both an expanded audit period and a negligence penalty after a taxpayer [...]

Categories

Recent Posts

Archives

Archives