Tax-related identity theft occurs when someone uses your Social Security number (SSN) to file a tax return claiming a fraudulent refund. If you become a victim, the IRS is committed to resolving your case as quickly as possible. You may be unaware that this has happened until you e-file your return and discover that a […]

For fiscal year filers, Partnership and S Corporation tax returns will be due the 15th day of the third month after the end of their tax year.  C Corporation tax returns will be due the 15th day of the fourth month after the end of the tax year. New Tax Due Dates for 2016 Calendar […]

As the IRS steps up its efforts to combat identity theft and tax refund fraud by implementing security safeguards, taxpayers may face additional review resulting in a delay of their refund.  The IRS will hold the entire refund for any tax return claiming either the Earned Income Tax Credit or Additional Child Tax Credit until […]

The Protecting Americans from Tax Hikes (PATH) Act, aimed at making it easier for the IRS to detect and prevent refund fraud, created new filing deadlines for employers. Form W-2 and certain Forms 1099-MISC reporting non-employee compensation must be submitted to Social Security Administration or the Internal Revenue Service by January 31, 2017. The new […]

The deadline for filing for a Minnesota Homestead Credit Refund (for Homeowners) or Renter’s Property Tax Refund is August 15, 2016.  Please contact our office if you would like us to file this return for you.  A copy of your property tax statement payable in 2016 can be obtained from your county auditor’s office.  A […]

As you begin back to school shopping with your children in grades K-12 in Minnesota remember to keep the receipts.   Parents can use the costs incurred to purchase most school supplies to benefit them on their 2015 Minnesota tax return.  Families can either qualify for the refundable K-12 education credit (income limits apply) or the […]