Accounting Services in Edina, MN
At It All Adds Up Accounting and Tax, we always strive to be your trusted partner for all things related to accounting, bookkeeping, tax services, payroll, consulting, business information, and retirement planning. That’s why, since 1982, we’ve been dedicated to helping both individuals and businesses manage their financial affairs with precision and care. Our accountants are always here to provide you with expert advice and personalized solutions tailored to your
Tax
Services
At It All Adds Up Accounting and Tax, we understand that tax season can be stressful. That’s why we offer comprehensive tax services to ensure your returns are filed accurately and efficiently. Our tax preparation services cover a wide range of needs:
Individual Tax Returns – Whether you’re a freelancer, a retiree, or anywhere in between, we handle all aspects of individual tax preparation. We ensure that every eligible deduction and credit is applied to minimize your tax liability and maximize your refund.
Partnership and Corporate Tax Returns – Our team is experienced in preparing tax returns for partnerships and corporations. We provide detailed analysis and strategic planning to optimize your business’s tax position and ensure compliance with all regulations.
Fiduciary and Estate Tax Returns – Managing the financial aspects of an estate can be complex. We offer specialized tax services for fiduciaries and estates, helping you navigate the intricacies of estate tax returns and ensure that all obligations are met.
Trust Tax Returns – Our expertise extends to trust tax returns, ensuring that trusts are managed and taxed correctly. We work closely with trustees to maintain compliance and fulfill reporting requirements.
Accounting
Services
Our accounting services are designed to support your business’s financial health and growth. From detailed financial analysis to strategic planning, we offer a range of services to meet your accounting needs.
Financial Statement Preparation – We prepare accurate financial statements that provide a clear view of your business’s financial position. This includes balance sheets, income statements, and cash flow statements, which are essential for making informed business decisions.
Budgeting and Forecasting – Effective budgeting and forecasting are key to achieving your financial goals. We work with you to create realistic budgets and financial forecasts, helping you plan for the future and manage cash flow effectively.
Retirement Plan Setup – Planning for retirement is crucial for both individuals and businesses. We can help you set up retirement plans with profit-sharing components, 401k plans, and other options. Our goal is to ensure you’re saving effectively and taking advantage of available tax benefits.
Payroll Services
Managing payroll can be time-consuming and complex. Our payroll services are designed to streamline the process and ensure compliance with all regulations.
Accurate Payroll Processing
We handle all aspects of payroll processing, including calculating wages, withholding taxes, and issuing payments. Our attention to detail ensures that your employees are paid accurately and on time.
Tax Filing and Compliance
Keeping up with payroll tax regulations can be challenging. We manage all aspects of payroll tax filing and compliance, helping you avoid penalties and stay in good standing with tax authorities.
Employee Benefits Administration
We assist with administering employee benefits, including health insurance and retirement plan contributions. Our services ensure that benefits are managed correctly and in accordance with your policies.
Why
Choose Us?
At It All Adds Up Accounting and Tax, we pride ourselves on providing personalized service and expert advice, and our team is dedicated to helping you achieve your financial goals and navigate the complexities of accounting and tax regulations. Plus, with our extensive experience and commitment to excellence, you can trust us to handle your accounting needs with the utmost care and professionalism.
So if you’re looking for reliable tax services or you need some expert help with bookkeeping, accounting, or payroll services, we’re here to assist you! Simply contact us today to learn more about how we can support your financial needs and schedule a consultation. Let’s work together to ensure that your financial future is secure and successful!