26 June, 2021: PARENTS – The IRS is going to begin making direct payments for half of the new “increased” Child Tax Credit starting on July 15th, 2021. This is going to drastically change how income tax refunds/payments look in the spring. The direct payments will be based on the increased credit but eligibility for the increased credit phases out at a much lower Adjusted Gross Income than the Child Tax Credit. You are automatically set to receive payments and have to opt-out if you do not want them, which we recommend (linked below under “manage payments”). If you do opt-out, you will still be eligible to claim the full CTC you are due on your tax return in the spring. Also, if choosing to opt-out, both parents must go through the process to stop payments. There is additional information linked at the bottom of the linked page that can help inform your decision.
08 June, 2021: Many of the changes that lead to the lengthening of tax season are now having the same effect on the processing of refunds. The IRS and many states are taking far longer than normal, up to 2+ months, to process tax refunds for 2020. Use the “Where’s My Refund” link above to check on your return. You will need the first two pages of your IRS 1040 if waiting on Federal or the first 2 pages of your state return to track your refunds.
18 May 2021: Since Tax Day has passed, We are still working to complete tax returns as quickly as possible in the order they were received. Our Summer hours are by appointment only, but we are generally are in the office from 9 a.m. to 5 p.m. Monday to Thursday through Labor Day. Please call or email for availability.
We will still contact you when your return is finished and arrange a time or times to pick up. As always, if you need to get us any documentation, ie. Property Tax Statements to process Minnesota Property Tax Refunds or any documents we’ve requested, you can use the drop slot on our side door anytime.
Covid Update: We are no longer requiring face masks or distancing in our office, please take precautions as you see fit. We are planning to return to our normal hour-long appointments in 2022.
In accordance with IRS guidelines, we will no longer accept any document attachments to regular email. Please use our “Secure Upload” link at the right side of this page to ensure your documents are sent safely.
This website exists to provide clients and potential clients with information concerning our firm and our unique, low-pressure approach to personal and professional services. We have an excellent client-retention rate, and we are extremely proud of the high-quality services that our firm provides.
The Tax Cuts and Jobs Act is entering year three and due to the Covid-19 pandemic, there are many provisions from the CARES Act that could affect your 2020 tax filings. When you are ready to learn more about what we can do for you, we encourage you to contact us.
Thank you for visiting our website, we hope to hear from you soon!