Tax Preparation Services in Minneapolis, MN

There isn't one number, and anyone quoting a flat price without seeing your situation is guessing. Cost tracks the work: how many forms and schedules, whether there's a business or rental, multistate or foreign income, the condition of your records, and whether past years or IRS letters need attention too. A W-2 return with a mortgage is a different job from an S corporation owner with a K-1 and a home office. Ask any preparer what's included and whether IRS representation is billed separately.

Bring last year's federal and Minnesota returns, a photo ID, and every income form you received: W-2s, 1099s, K-1s and brokerage statements. Add mortgage interest (Form 1098), property tax statements, charitable receipts, childcare costs and any estimated payments you made. If you rent, keep your Certificate of Rent Paid for the Minnesota renter's refund. Business owners, landlords and anyone with foreign accounts should bring those statements too. The more complete the pile, the fewer follow up questions.

Yes. Enrolled Agents are licensed by the U.S. Treasury to prepare returns for individuals and businesses. The license also gives unlimited practice rights before the IRS, so the same person who prepares your return can represent you if it's ever examined or a balance goes to collection. That continuity is the main reason people choose an EA over a seasonal preparer.

Yes, and you're not the first. We figure out which years are missing, request your IRS wage and income transcripts to see what was reported, rebuild records where needed, and estimate what each year will show before anything is filed. Getting compliant is usually the first step toward a payment plan, penalty relief or another IRS resolution option, so we plan the filings with that goal in mind.

File on time anyway. The failure to file penalty is far larger than the penalty for paying late, so a filed return with a balance is better than no return at all. Once it's in, look at options: an IRS installment agreement, a request for penalty relief if you qualify, or another arrangement depending on your finances. Interest keeps running, so it's worth acting on the balance quickly rather than waiting for the notices.

We do. We prepare partnership, S corporation and C corporation returns for established companies, and we start from the books rather than a shoebox. Send the trial balance, prior returns, payroll reports, entity documents and details on big purchases or loans. For companies that want more than a once a year return, we also offer fractional CFO support, and government contractors can get GovCon accounting so their books are ready for a DCAA review.

It depends mostly on you. A current year return with complete documents moves quickly. Returns with a business, several income sources, missing records or multiple overdue years take longer because we have to request transcripts, reconcile figures and ask questions. Sending everything early leaves room for review and avoids a rush at the April deadline.

Yes. If the IRS sends a notice, opens an audit or starts collection, we can review it and, with a signed Form 2848, deal with the IRS for you. Keep every letter and the records behind the return, and don't let the response date pass. Missing a deadline can close off options like an appeal or a payment plan.