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Best Tax Services in Saint Paul

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Accurate Accounting & Tax Preparation Inc logo
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Accurate Accounting & Tax Preparation Inc

569 Payne Ave, Saint Paul, MN 55130
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  • Preparation & Planning

Business Description

Accurate Accounting & Tax Preparation Inc. serves individuals and businesses in Saint Paul. It prepares and plans clients' taxes, finding ways to minimize local, state, and federal liabilities. Its team members assist in managing tax issues like the impact of opening a new business to one's taxation status. They also help deal with sales tariffs and prepare returns. Charlotte A Cooper, who founded the firm in 2012, is an enrolled agent and a registered tax return preparer.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (9)
Ascension Financial Services logo
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Ascension Financial Services

Saint Paul, MN
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  • Preparation & Planning

Business Description

Ascension Financial Services is a cloud-based financial firm that provides assistance to clients in and around the Saint Paul area. It serves individuals, families, and small business owners. It performs various services, including tax preparation, planning, and controversy resolution. It also provides other solutions that include business formation, bookkeeping, trust planning, and accounting software training. The firm's founder, Maurice Jones, is an Enrolled Agent with America's Tax Experts. Ascension Financial Services is a DBA charter member.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Ballenthin Funk & Johnson LLP logo
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Ballenthin Funk & Johnson LLP

St. Paul, MN
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Business Description

Ballenthin Funk & Johnson LLP is a certified public accountant firm located in St. Paul offering accounting services for individuals and businesses. They have been providing tax, bookkeeping, financial statement and consulting services since 2002, and have extensive experience working with companies in manufacturing, real estate, construction, service, and retail industries. Other services include helping businesses with corporate tax strategies, business acquisitions, real estate and business expansions, and financial statement analysis.

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We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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Bergerson Tax Services logo
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Bergerson Tax Services

2580 Rice Street, Little Canada, MN 55113
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  • Preparation & Planning

Business Description

Bergerson Tax Services is a local firm that caters to individuals and small businesses in Saint Paul. It offers various year-round services, such as tax preparation and tax return filing. The firm assists clients with their state or federal tax concerns and provides them access to printable tax forms on its website. Bergerson Tax Services is managed by a brother-and-sister duo, Jeff and Jennie Bergerson. Jeff is an Enrolled Agent while Jennie is a certified tax professional.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.9 / 5 (60)
Yelp
2.5 / 5 (3)

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We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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By the Books Accounting logo
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By the Books Accounting

White Bear Lake, MN 55110
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Business Description

By the Books Accounting, located in White Bear Lake, offers tax and accounting services for individuals, businesses, and estates. The IRS-recognized company provides personal tax, business tax, and business accounting services, specializing in everything from quarterly tax estimates and payments and tax planning to accounts receivable and accounts payable posting. By the Books’ chief tax preparer, Daryl Kisch, is an Enrolled Agent (EA), the highest credential awarded by the IRS, and a graduate from Metropolitan State University with a BA in accounting.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (1)

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We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Dan Bane, CPA, LLC logo
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Dan Bane, CPA, LLC

St. Paul, MN
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Business Description

Dan Bane, CPA, LLC is a full-service accounting firm offering a wide range of personalized services for individuals and businesses in the St. Paul area. Their services include tax management, estate and trust planning, tax preparation, IRS representation, and entity selection and restructuring. They also help clients with accounting, bookkeeping/write-up, accounting software selection, and computer consulting, among others. The owner, Dan Bane, graduated from the University of Missouri in Columbia with a Bachelor of Science in Accounting. He specializes in tax management, accounting, software installation and maintenance, and financial planning.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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Dennis J. Hoskin, Ltd. logo
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Dennis J. Hoskin, Ltd.

Oakdale, MN
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Business Description

Dennis J. Hoskin, Ltd. is a company based in Oakdale, MD that specializes in tax preparation and accounting services for individuals and businesses. They serve a wide variety of clients, offering services such as individual tax return filing and tax planning, business tax return filing, and bookkeeping and financial statements for small businesses. To stay current, the firm participates in Continuing Professional Education courses, which are annually offered by local chapters of national accounting and tax associations.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Fresh Start Income Tax Service logo
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Fresh Start Income Tax Service

882 Payne Avenue, Saint Paul, MN 55130
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  • Preparation & Planning

Business Description

Fresh Start Income Tax Service offers in-person and virtual consultations for individuals and businesses in Saint Paul. It examines the financial records of clients to determine taxation concerns, from annual expenses to potential returns. The firm prepares invoices and tax forms for bookkeeping. It also examines the financial outcomes of business decisions, such as mergers and acquisitions of other companies. Aside from tax concerns, the company manages payroll rates and documents for its client's employees. it also provides profit and expense reports for executives and directors.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Genesis Financial & Tax Solutions logo
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Genesis Financial & Tax Solutions

Woodbury, MN
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Business Description

Genesis Financial & Tax Solutions is a family-owned business offering accounting services to residents in and around Woodbury. With over 23 years of industry experience, the agency is committed to providing reliable tax preparation and planning for individuals and businesses, bookkeeping, and more. They also offer Cash Flow Management plans for businesses. Genesis Financial & Tax Solutions’ accountant Nicole St. Sauver is a proud member of the Minnesota Association of Public Accountants, Business Network International, and the Woodbury Chamber of Commerce. She’s also an IRS Registered Tax Return Preparer certified.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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GlobalBiz Services logo
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GlobalBiz Services

1174 7th Street East, Suite 1, Saint Paul, MN 55106
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  • Business Accounting

Business Description

Based in Saint Paul, GlobalBiz Services is a consulting firm that assists individuals and businesses within the local community. It helps clients navigate complex tax preparation procedures by drafting financial statements, filing tax extensions, and representing clients during any auditing process. It also provides other consulting services to clients in need of insurance, payroll processing solutions, legal coverage, and virtual bookkeeping assistance. GlobalBiz Services is affiliated with American Modern Insurance Group and has served over 1,581 clients.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.2 / 5 (36)
John A. Knutson & Co., PLLP logo
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John A. Knutson & Co., PLLP

Falcon Heights, MN
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Business Description

John A. Knutson & Co., PLLP is a mid-sized accounting firm in Falcon Heights that has been providing accounting services throughout Minnesota and beyond since 1925. Serving clients in the construction, retail/wholesale, service, real estate, and manufacturing industries, they specialize in business consulting, tax, audit and accounting services. John A. Knutson & Co. primarily helps clients with audit and assurance, estate and trust, tax consulting, accounting, consulting, and technology solutions.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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Detail
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Mahoney logo
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Mahoney

10 River Park Plaza, Suite 800, Saint Paul, MN 55107
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  • Preparation & Planning
  • Business Accounting

Business Description

Mahoney provides tax services to the Saint Paul metro and the surrounding areas. The company helps clients manage their taxes, including charitable gift planning, tax preparation, stock option analysis, and tax consulting. It also represents individuals before the IRS. Its team also serves business owners needing real estate taxation, business entity planning, succession exit strategies, and multi-state business operation services. Mahoney's managing partner, Rozalyn Z. Allyson, has experience in conducting audit and accounting services for real estate and not-for-profit industries.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (8)
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
McKenna Consulting, CPA logo
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McKenna Consulting, CPA

Woodbury, MN 55125
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Business Description

McKenna Consulting, CPA, is a full-service accounting company located in Woodbury. They offer a variety of services for small businesses and individuals, including personal federal and state tax preparation, bookkeeping, business tax preparation, and payroll. McKenna Consulting, CPA's payroll and bookkeeping services are tailored to meet the individual needs of each client. They take pride in having hard-working professionals who can provide the solutions, allowing clients to focus more on running their company.

Mickelson's Tax Service LLC logo
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Mickelson's Tax Service LLC

420 S Robert St., St. Paul, MN 55107
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  • IRS Relief
  • Preparation & Planning
  • Business Accounting

Business Description

Mickelson's Tax Service LLC is an advisory company that caters to individuals and companies in Saint Paul. It provides tax analysis for various types of financial records, from personal expenses to potential company acquisitions. The company uses existing tax rates and returns to determine future profits or expenses. It also handles payroll services and online bookkeeping. Mickelson's Tax Service can coordinate with the IRS to resolve existing tax issues with its clients. This includes concerns regarding overdue payments and tax filing.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (43)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Miller Tax Service logo
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Miller Tax Service

1696 White Bear Ave N, Maplewood, MN 55109
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  • Preparation & Planning

Business Description

Established in 1983, Miller Tax Service is a locally owned firm serving individuals in Saint Paul and the surrounding areas. It offers various services to help clients minimize their tax liabilities and maximize their cash flow. Its services include tax preparation, planning, and reporting. The Maplewood-based firm handles payroll tasks for small businesses, including monitoring tax issues and administering cheques. It also takes care of tax return preparation for businesses. Miller Tax Service provides clients with same-day services.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (60)
Yelp
4.5 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Helpfulness
Detail
Mohs Tax Service logo
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Mohs Tax Service

1771 Ford Parkway, St. Paul, MN 55116
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  • Preparation & Planning

Business Description

Mohs Tax Service caters to individuals and businesses in Saint Paul and the surrounding communities. It helps clients make informed financial decisions by offering various services, such as audit representation and tax preparation. Its team has experience working with companies in different fields, including personal returns, estates, trusts, LLCs, and corporations. The firm also provides accounting solutions and helps produce monthly, quarterly, and annual profit and loss reports. Mohs Tax Service has been in operation since 1971.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.8 / 5 (41)
Yelp
2.5 / 5 (5)
Facebook
3.7 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
Quayle Tax Service Inc logo
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Quayle Tax Service Inc

1450 Concordia Ave., St. Paul, MN 55104
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  • Preparation & Planning

Business Description

Quayle Tax Service Inc. assists individuals and businesses in Saint Paul. The professionals from the firm prepare clients' tax returns and help them lessen federal, state, and local liabilities. They also conduct audits and reviews, as well as financial analyses that allow clients to better utilize their funds. In addition, the company has notary public services, which include authenticating documents and serving as a witness in agreements. Quayle Tax Service's team has extensive experience in personal and commercial tax planning.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Ruth Ann Michnay, P.A. logo
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Ruth Ann Michnay, P.A.

Oakdale, MN
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Business Description

Based in Oakdale, Ruth Ann Michnay, P.A. has provided tax services to the Twin Cities since 2004. A certified public accountant, Ruth Ann Michnay has over 25 years of experience as a tax and accounting/bookkeeping professional, is an Enrolled Agent with the IRS, a U.S. Tax Court Practitioner, and a tax instructor at the University of Minnesota College of Continuing Education. She helps clients with federal and state income tax, individual, small business, partnership, S corporation and nonprofit annual tax return preparation, and business consulting services.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.5 / 5 (8)
Yelp
5.0 / 5 (1)
S.K. Income Tax & Accounting logo
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S.K. Income Tax & Accounting

Inver Grove Heights, MN 55076
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Business Description

S.K. Income Tax & Accounting aims to provide a personalized approach for every client. Based in Inver Grove Heights, the firm offers a broad range of services, including accounting software selection and implementation, audits, reviews and compilations, and bookkeeping/write-up. They are also available for IRS representation, management advisory services, payroll, notary public, retirement planning, and more. Sue Weller, the firm's Enrolled Agent, holds an Accounting and Paralegal Degree and works with tax professional and accountant Diane Knie.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Facebook
4.6 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Siddiqui & Basnet LLC logo
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Siddiqui & Basnet LLC

2429 University Ave W., Suite 100, St. Paul, MN 55114
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  • Preparation & Planning

Business Description

Siddiqui & Basnet LLC is a CPA firm in St. Paul that provides tax preparation and business consultation to clients in the metro. The company has been in business since 1994 and serves individuals, companies, and families in their tax dealings, business formations, and accounting needs. Its services include individual tax preparation, back tax preparation, IRS issue resolution, tax planning, and IRS filing. The company also offers investment, retirement, and legacy financial planning services.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Facebook
5.0 / 5 (12)
Google
4.6 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Superior Tax LLC logo
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Superior Tax LLC

Little Canada, MN 55117
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Business Description

Located in Little Canada, MN, Superior Tax LLC specializes in helping individuals and businesses with their tax preparation. The family-owned business has been providing tax services to individuals in the White Bear Lake and Little Canada area for more than 50 years. In addition to helping clients prepare and file their taxes each season, Superior Tax LLC offers employment-specific worksheets to help clients determine their eligible deductions and expenses for the fiscal year.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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TDC Tax Services, LLC logo
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TDC Tax Services, LLC

St Paul​, MN 55101
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  • Preparation & Planning

Business Description

TDC Tax Services, LLC, in Saint Paul serves individuals and businesses throughout the local area. Its scope of work includes online tax preparation and planning, financial forecasting for businesses of various sizes, and general consultations regarding tax and finance matters. As an enrolled agent, owner Tracy Dow Couch offers IRS representation services, helping individuals and businesses work through audits and tax issues. Tracy holds a master's degree in business administration with a focus on accounting and finance.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (8)
Facebook
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Trujillo Service logo
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Trujillo Service

420 E Lake Street, Minneapolis, MN 55408
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  • Preparation & Planning

Business Description

Trujillo Service caters to clients in the Saint Paul area. Its team helps people prepare their individual and corporate tax returns and assists in adding dependents and making amendments. The professionals also take care of federal and state audits and write affidavits for court. Businesses can hire the company to give advice on formation, partnerships, and accounting matters. Trujillo Service is a member of the American Translators Association and offers interpreter services to private entities and government offices.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Facebook
4.6 / 5 (18)
Google
3.6 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Vetscher & Associates, LLC logo
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Vetscher & Associates, LLC

2550 University Ave. W. 185S, Saint Paul, MN 55114
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  • Preparation & Planning

Business Description

Vetscher & Associates, LLC, caters to the tax filing needs of Saint Paul residents. It provides clients with tax management services and guides them in tax preparation and planning. It offers strategies to minimize clients’ tax liabilities and maximize their cash flow. Thomas Vetscher is a CPA who worked for three years in a global accounting firm performing audit and tax work. His father trained him for six years before he took over the firm in 2010.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Google
4.3 / 5 (11)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Back to Providers

Frequently Asked Questions

Introduction

In the early spring of every year, nearly everyone has a decision to make — should you try to file your taxes on your own or hire a tax professional? There are pros and cons to each option. For example, hiring someone to do your taxes isn't free, but it will ensure that you can take advantage of everything at your disposal when filing your tax returns.


Ultimately, the decision about whether to hire a tax professional will come down to factors such as the complexity of your tax situation and whether you'll be able to file them on your own.

When can I file my taxes?

You can file your tax returns between getting access to your annual income information and Tax Day. In most years, federal Tax Day occurs on April 15, but in 2020 and 2021, tax deadlines were delayed because of COVID-19, extending the filing period. 

How much do you have to make to file taxes?

State and local minimums to file taxes vary concerning where you live. The federal minimums fluctuate depending on your age, filing status, and tax year. For example, if you filed in 2020 as single and under 65 years of age, your income needed to be at least $12,200.

Do I have to file taxes?

If your income over a calendar year exceeds the threshold for your age group and filing status, you must file a federal tax return for that year. State and local rules vary. For example, there are some areas that don't have income tax at all and have different rules for filing taxes.

What happens if you don\'t file taxes?

If you don't file and pay your taxes by the deadline, unpaid taxes will incur interest up to 25% of the unpaid amount. This, in addition to the unpaid amount, will be what you owe the IRS. Different states treat unpaid taxes differently and penalties range from fines to jail time.

How do I file taxes?

Filing taxes involves getting your annual income documents and statements and filling out a tax return, which will tell you the amount you owe for the year. You can choose to fill out your returns yourself and mail them or file online. Or, you can hire a professional to fill out and file the returns for you.

How do I file taxes for free?

There are several services that offer free filing of federal tax returns. The most notable are online services, including IRS.gov and TurboTax. You can also look around for community organizations that offer tax filing for free as a service for community members, including the local library.

Should you pay someone to do your taxes?

If you're concerned about getting everything right and paying the right amount, you may want to hire someone to fill out and file your tax returns for you. You don’t need a tax accountant, but many people prefer not to have to worry about their taxes every year.

What is a tax accountant?

A tax accountant is a professional who receives training in federal, state, and local tax laws, codes, and proceedings. They are qualified to assist individuals in filing their taxes and are usually in a private practice or employed by a professional tax service.

What do tax accountants do?

Tax accounts ensure their clients' tax returns are filled out and filed correctly. They also advise clients on the correct documents to bring to their appointment and make sure they're aware of every credit or deduction available to them based on their specific circumstances.

How much does it cost to have someone do your taxes?

According to Investopedia, the average cost of hiring a tax professional is usually between $146 and $457. If you have complex taxes or your income is higher than average, a tax accountant may charge higher fees because of the extra time and risk involved.

How do I check if taxes were filed?

To see if your federal taxes were filed correctly, you can contact the IRS by phone or by going online — IRS.gov — and viewing your account. If you filed with an online service, check for a confirmation that your returns were accepted. For state and local taxes, contact tax departments where you live.

Can a dependent file taxes?

Technically, a dependent can file. They're only required to file taxes when their annual income is over the tax year's minimum threshold. With this in mind, if someone who is a dependent on another person's return expects to be eligible for a refund, they can, and should, file taxes for the year.

Can a 17 year old file taxes?

A minor can file taxes but isn't required to, outside of a few situations. The most common instance is when their income exceeds the standard deduction for the year. In most cases, the parent is allowed to include this return and income with theirs for the year.

Can you file taxes with no income?

It's legal to file your taxes, even if you didn't earn an income during the tax year. Many people choose to do this because even if you didn't pay any taxes for the year, you can still take advantage of eligible credits, carry over state deductions, and protect against future audits.

How do I file a tax extension?

To file an extension with the IRS, you'll need to fill out Form 4868 and pay any taxes you owe so that you don't have to pay a penalty for unpaid taxes. The extension itself is not penalized — it gives you an extra six months to file your tax paperwork.

How do I file back taxes?

To file your returns for unpaid taxes that you owe, you'll need to gather the forms you would've filed with the old returns and file them. You can still take advantage of any credits and deductions that were active over the years you didn't file if you can show the necessary documents.

Can married couples file taxes separately?

Married couples can choose to file taxes together or separately, but they’re encouraged to file together. The IRS extends several benefits for married couples who file jointly, so this is the most common option of the two.

How do I become a tax accountant?

To become a tax accountant, you need to receive a traditional bachelor's degree in accounting and training — either as part of your education or separately — in your local, state, and federal tax codes. Many tax professionals receive post-graduate certifications, such as the CPA, although this isn't required.

How much do tax accountants make?

The annual earnings of tax accounts and preparers varies widely based on their level of experience and employer. According to Forbes, the average earnings for an accountant can reach $95,000 in some states, while tax preparers usually earn less.

Do tax accountants need to be CPAs?

Tax accountants are not required to be CPAs but many are. This is because accountants who are also CPAs are often looked at as being more credible and qualified if they're in private practice. It also qualifies them for more responsibilities as they move up in their careers.

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