Jean's TAX TIPS - as seen in The Ely Echo, Ely Shopper & the Timberjay newspapers.
(Scroll down for helpful, timely tax tips for you and your family)
CLICK HERE TO FIND OUT IF YOUR GIFT TO A PARTICULAR CHARITY WILL GIVE YOU A TAX DEDUCTION
CLICK HERE for 6 helpful tips on starting your own business..
..Things you need to know.
Avoid a tax time surprise! Unemployment benefits are taxable income. This includes the special unemployment compensation received under the COVID CARES ACT.
The IRS suggests making estimated payments or having taxes withheld from your benefits.
CLICK HERE TO LEARN HOW YOUR "I DO'S" MAY AFFECT YOUR TAX SITUATION.
You may be eligible for a significant MN tax credit. CLICK HERE to check out an informative YouTube video on this credit for MN service members.
AND THANK YOU FOR YOUR SERVICE.
CLICK HERE AND TAKE THE GUESSWORK OUT OF PAYCHECK WITHHOLDING.
Click here for more information on how you can reconstruct your records after a natural disaster, theft or other loss.
SELF EMPLOYED?
Click here to visit the
Small Business Tax Center on the IRS website. It has LOTS of helpful information on starting, running and filing taxes for your business!
CLICK HERE TO LEARN MORE ON THE TAX IMPLICATIONS OF SELLING YOUR HOME.
Save your receipts. They might benefit you come tax time. For more information, CLICK HERE
What expenses qualify? Click here
Homeschooling?
Click here for more info
CLICK HERE TO LEARN MORE ON THE STEPS YOU MUST TAKE TO CLOSE YOUR BUSINESS.
NEED HELP WITH BOOKKEEPING?
PESHEL ACCOUNTING OFFERS PAYROLL AND BOOKKEEPING SERVICES, TAILORED TO YOUR NEEDS AT AFFORDABLE PRICES.
CALL TODAY FOR A FREE CONSULTATION.
218-365-2424
For the 2021-22 school year, you'll be using the 2019 tax return.
Use the IRS' Data Retrieval Tool to make the application process easier and more secure than before.
CLICK HERE to find out more.
Click here to visit the MN Dept of Revenue's new "Business Center", your one-stop shop, full of helpful resources and answers to your business tax questions.
Click here to visit the IRS' Business Center Tax site. Important, helpful information on both sites!
WHERE'S MY REFUND?
Click here to see what MN state tax benefits you may be eligible for because of your service to our country.
AND click here to learn about tax benefits from the IRS.
And THANK YOU!
CLICK HERE TO FIND OUT ANSWERS TO GENERAL TAX QUESTIONS FOR BOTH BUSINESSES & INDIVIDUALS.
CLICK HERE FOR MANY TIPS AND HELPFUL ONLINE RESOURCES FROM THE IRS.
Click here to find out how to get a transcript of the information contained in the return.
Both the Federal govt and the state of MN have posters which must be displayed in a location where employees can see them.
All posters are easily downloaded and can fit on an 8-1/2 x 11 piece of paper.
For all the state of MN posters,
click here.
To find out which Federal posters are required for your particular business,
and use the link in the blue box, stating: "begin firststep poster advisor now".
Also needed by all businesses:
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Please call us with any questions.