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Individual Tax Service St. Paul, MN

Rosemarie Valencia • Jan 12, 2021

Individual Tax Service St. Paul, MN

Tax season is here, and you’re looking for a local tax company to file your personal tax returns. Here is the overview of the Trujillo Tax Service St. Paul location and most common questions asked. If you run a business (or had that side hustle grow a lot this year) check our our business tax prep page.

When do I need to file taxes in Minnesota?
With the due date of April 15th turning around the corner, you need to make sure the tax documents that we’re filing meet standards and that our St Paul Tax preparation company has the right papers in place to start. This means we need to get documents such as your 1040 or 1040ez in our hands as soon as possible.

What do I need to give my tax preparer?
When you earn an income from your employer, you will be issued a 1040 document. This 1040 document has the income information for the time you’ve spent with that employer. When you work at a different company in the same tax year, you may be given another 1040 document.

However, if you are self-employed or a contractor – you will need to provide a 1099 document. The 1099c is the contractor document that lists your income after expenses. As a 1099, you are usually responsible for quarterly tax payments as well as handling the taxes that you, as your own employer, must pay. This looks like additional federal or state taxes.

When does the tax year start and finish?
The timeline for each tax year starts on the first of january to the end of december. When companies talk about fiscal calendars, they may be using their own system of measuring, but when it comes to tax filing in St. Paul, MN you must gather your income from Jan 1st to Dec 31st.

Why should I pay my taxes earlier?
There are no bonuses besides benefits such as ease of mind when it comes to paying your taxes on time. When you’re complicit with the tax laws and pay exactly what you are supposted to pay before everyone else, you are able to take advantage of the slower-times and the dilligence of our St. Paul Trujillo Tax Service office. When Minnesotans are nearing the due date, they like to ask and get additional services during these peak houts. When our St. Paul tax prep company will be the busiest we’ll ever be for the year, we charge late fees specially with the days leading up to April 15th. Filing your taxes before that rush, allows you to get our own attention to answer your questions, and we’ll have the time and focus to help you with any other concerns outside of tax prep.

Why should I pay my taxes?
Not paying your tax share or not reporting accurate tax records will result in the IRS (Internal Revenue Service) performing an audit of your finances. It may occur right away, but it may happen years after an incident.

An audit requires your complete cooperation with the IRS agent, and the interest and fees involved for this are staggering. The cost of the fees and interest may be more than the tax liability owed. As a Minnesota Enrolled Agent, Rodolfo Trujillo can represent individuals and companies by negotiating their tax liabiltity to the IRS.

What is Trujillo Tax Service?
They are a tax preparation service in South Minneapolis and St. Paul, MN. The offices are located in the latino community to provide, spanish-speaking tax assistance, affordable tax preperation. The owner, Rudy Trujillo has been working with Trujillo’s Services for over 25 years and have negotiated hundreds of thousands of dollars of tax liability in front of the IRS. Contact Rudy Trujillo’s Tax Office and get a 30 minute tax consult today.
By Rosemarie Valencia 12 Jan, 2021
With over 25+ years servicing the public as an accountant and now as an Enrolled Agent, Rodolfo Trujillo helps Minnesota businesses and individuals in the South Minneapolis community. Dear reader, First off, a big “Thank You” for trusting me, Rodolfo Trujillo with your personal business questions and leaving great reviews for Trujillos Tax Service. Usually, when I meet with folks, they call me so they can save on the $100+ accounting and EA fees in that halfhour session. Then, after, when you’ve gotten your answers taken care of, I can tell you more about the types of services that I provide for my customers and that I will provide for you, if you join the big, happy Rodolfo Trujillo family. But first… I know that you are looking for someone who you can trust to help you with your financial situation in one way or another. These are the sorts of topics people ask me. Maybe you need: Your personal taxes done (including for non-residents) Your business taxes done Advice on setting up systems for categorizing & tracking your expenses A better understanding of what is or isn’t tax deductible for business or personal Help with dealing with the IRS, like preparing for an audit Assist with business formation And because I have over 25 years of experience there really are so many things I can help you with after I help you with your questions! I just need to know what is most urgent in your world. And I really can’t know that unless we sit down and talk about whatever is on you mind and get you the answers you need to maneuver around the organized tax world that I thrive in. And that’s exactly why I am offering you that for free. No kidding! All you have to do is to contact us here or call 612-294-1670, and we can schedule a time to meet. I’ll make my way to you, and you can ask me in a secure setting at your leisure. But here’s a person’s tax case study. Why? Because for most people, the IRS and dealing with tax issues are one of the most frightening things they can think of. After all, taxes are the only other “inevitable” thing in life… and that other inevitable thing (death) is also a scary thing. Anyway, this story is meant to show that – when managed correctly – there is nothing to fear about taxes and the IRS. I know this because my company does this for a lot of people who are very happy for our services, as you’ll see in their own words in a just minute. And of course, for me my “clients” are like family to me. So my staff and I always approach our work thinking “if this situation were mine or my sister’s, what would I do?” One of my clients, Jake, had a bit of a nightmare with his business taxes before he came to me. He had gone to one of those big name tax preparation firms with his business taxes. They just “did their job” treating him like just another fee-paying customer… and they didn’t only miss several very important things in the process – they just didn’t collect ANY information and file any taxes. So he had to handle it 100% on his own. Jake is not an accountant. Jake suspected that there were issues, and that got confirmed by the IRS and he had his refund declined, and had to pay out of pocket for the difference. That set him back. Once he got their notice, he found us. We took time to understand his situation, found the issues, and now he’s planning on opening an amendment to get it all back in order through Trujillo Tax Services. But Jake was now a part of the Trujillo Tax Services family. So that was not the only time we served him. Here’s what Jake had to say about it on Google after being a satisfied family member. “My father told me that a man needs three people in their life. A good doctor, an empathetic priest, and a cunning accountant. Rodolfo Trujillo goes beyond the fold and I’m highly appreciative having met him. He’s saved me much more than just my bottom line. Hes saving my sanity.” -Jake Goss-Kuehn You don’t get a review like that unless you really deserve it. I have some others I will share with you another time because I love hearing from my client family that Trujillo Tax Services has earned their trust over time. For now, I hope that you can see that if you “join the family” we are going to take care of you. And the first step Jake took was to have that free 30-minute call with us. But as I wrap this post up, I’ll walk through a high-level overview of the services we offer. I know you won’t need them all, but I believe that you’ll be interested in knowing what we can do. With every new client I sit down with for one of my signature 30-minute free consultations, I start with this in mind: “How may I help you?” And then I listen. I listen very closely to their answer because first I need to know IF I can help them (very likely) and HOW my over 25 years of experience can be of service to them. And once I’ve understood what they need, then I can choose what to offer them from the menu of services that we offer at Trujillo Services. Sometimes I feel a bit like a waiter, helping a new visitor to my restaurant make a great choice for their dinner. 🙂 I want to show you our MN tax prep services today, and because I know you’re a busy person, I will give you more of a summary instead of all of the secret sauce details. But you can find those on our website at www.trujilloservices.com if you see something that you’re interested in in the list below. The Trujillo Services Menu: Tax Preparation: for individuals, corporations, and non-residents. Includes tax return amendments. IRS Audits & Tax Problems: we will help you prepare for and navigate an IRS audit or any other tax problem. We’ve successfully resolved over 300 cases in front of the IRS. Individual Taxpayer Identification Number (ITIN) application: This is a special tax id number for non-resident aliens and others who can’t get a social security number. We can provide advice and help you with the application process. Business Financial Services (the main course of our business!): Business formation: We can advise and help you choose the right business structure. And help with navigating the process. Accounting: We want our family members to succeed in their businesses. Accounting is the essential thing that you need to know the facts about how it’s going. Payroll services: Do you have employees? We provide payroll services to take that load off of your shoulders. We can process payroll for you weekly, monthly, or every two weeks, whatever works for you. As you read that list over, I hope something resonated with you. Please contact us now if it did. Or, perhaps you thought of someone else who could also benefit from one or more of our services. If so, please forward them this page and tell them to give us a call. As a Latino-owned company, one of our passions is to serve the Latino community in Minneapolis, which is one reason why we offer ITIN, translation, and interpretation services on top of our other tax and accounting services. After you get your answers, I’ll tell you more about how Trujillo Services can help you after I help you, but I know you’re a busy person and I don’t want to take too much more of your time today. For now, the highlight “about me” is that, yes, I am an accountant, but I’m not just an accountant. I’m also an Enrolled Agent, which means that – if you need it – I can represent you before the IRS. Hopefully, you’ll never need me to do that for you, but if you ever do, you can feel confident that I will take very good care of you. And if you know anyone else who may need that kind of help, please feel free to give them my contact information. We have successfully represented over 300 cases before the IRS. In any case, I look forward to sitting down with you and learning more about you and your financial needs, so please be in touch! All the best, Rudy Trujillo, Enrolled Agent
By Rosemarie Valencia 12 Jan, 2021
April 15 is getting closer, and your taxes still need to be filed. You’re considering hiring Trujillo Tax Service because you need the Minneapolis Tax Help when it comes to filing your return. The service South Minneapolis tax company that specializes in servicing the Lake Street and St. Paul Latino communities in Minnesota. Your taxes may be the most boring or scary thing you do all year. For some, getting free tax help is all they need to get their 1040 processed within moments themselves. For others, they give us their 1040 that their employer gave them and they could get a same day tax refund. Your Minneapolis Tax Help on Demand But for locals needing our Minneapolis Tax Service, you’ll notice that it could also be the scariest thing. Unless dilligent accounting services and reporting is up to date, the headache of understanding the tax codes and trying to get deductions can shave days if not weeks of your own personal free time to understand this once-in-a-year ritual. Instead of relearning how to do your taxes and sacraficing and maybe even missing deducations, you should hire our Minneapolis Tax Company to handle both the stress and anxiety filing Minneasota taxes would put on your shoulder. See it from this angle: Affordable MN Tax Return If you are the type of person that would much rather do anything other than filing your taxes, you’ll come out ahead with Trujillo Tax Services. The average person spends 3 hours doing their taxes if all they need to do is a 1040. They can file for free with HRBlock if they meet the exception or use a premium tool such as Turbotax, but even with those they will spend resources. There is time, money, and energy spent when it comes to doing your taxes. Those three hours you could otherwise be spending could be with your family or friends or relaxing. You could be working and earning more. That is if you’re not researching or finding ways to get a higher refund on additional deductions. The money investment for an individual is $150 for us to quickly handle your Minnesota tax prep, and we do them with the dilligence a latino accountant has for their clients. For businesses, there are usually expenses and contractors we must prepare and report on and those can be around $600. To file business taxes prevents the business owner from working on their own business. If you’d rather spend with your friends or family, watch the latest Netflix episode, or do anything other than doing your taxes, you should highly consider Trujillo Tax Service to handle your Minneapolis tax prep this year.
By Rosemarie Valencia 12 Jan, 2021
The IRS needs to have an accurate report on how your busy business performed last year down to the dollar amount, so you’re considering hiring Trujillo Tax Service to do your Business Tax Filing St. Paul, MN. Here’s an overview for filing business taxes in MN. Check this out if you’re looking for filing your individual tax return. What do I need for filing business taxes in St Paul? A business needs several documents to file business taxes. They need a 1099-C document as well as any 1099 proving the hiring of any contractor or subcontractor that has been paid in excess of $600. The business needs to also produce the 1099-MISC document, that categorizes any supplementary income. When do businesses file taxes in Minnesota? Businesses file taxes in Minnesota every 3rd months, from April 15. These payments are usually forgotten by many first-time business owners and the IRS charges 8% interest on these overdue debts that are usually paid at tax filing, but easily preventable with paying taxes on time. When does the IRS fiscal year start and end? January 1st to December 31st. The deadline to file taxes is on April 15th to give people time for the fiscal year to be accounted for. When do I pay business taxes? Quarterly. If you have tax obligations and you are not paying your quarterly business taxes, you will also pay the IRS interest rate when you file annually. Why should I pay business taxes? Not paying business taxes means that the IRS can seize your company’s assets or force a wage garnishment on the income. If this case ever happens and the amounts are high, businesses hire Enrolled Agent Rudy Trujillo to represent them in front of the IRS. Trujillo has negotiated on behalf of individuals and companies with large tax liabilities, give breathing room, and a way for the business to keep their operation and assets. St. Paul Trujillo Tax Service Reviews Trujillo testimonials are on our Google pages. With 25+ years of service, we’re working diligently to continue to re-earn our St Paul Latino tax prep clients’ every year. Is the Trujillo Tax service company near me? Located on Lake Street in South Minneapolis, Rodolfo Trujillo offers a free 30-minute consult before he offers you help with your taxes. Contact Rudy Trujillo today and get a free 30-minute consult.
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