Tax Services, Accounting Services & Payroll Services
Frederick's Accounting and Tax Service is a Minneapolis tax firm based in Ramsey, MN. Frederick's offers professional financial services and tax solutions to individuals, small businesses, partnerships, and corporations. We currently service and assist companies both locally and nationally with accounting, payroll and tax needs. Whether you pay taxes in Minnesota, or other states, Frederick's Accounting & Tax Service can assist you.
We provide solutions for many different tax and accounting needs, and can answer questions about IRS tax issues, payroll tax and services, expense write-off's, business taxes & expenses, and personal income tax or business tax deduction concerns. If you receive a W-2, 1099, 1098, or any other tax form from your state government or the IRS, chances are that Frederick's can assist you with your financial and tax needs!
Fredericks's is also a provider of payroll services to Minneapolis businesses of all sizes, and to other companies that are located outside of Minnesota too. If you need financial assistance on your taxes, payroll or accounting needs, please contact us today for confidential advice, and thank you for considering Frederick's Accounting and Tax Service for all of your accounting and tax needs!
Tax Season Reminders!
The tax season is upon is, and Mid-April is approaching fast. Now is when you should have received all of your w-2's, 1099's, 1098's and any other tax documents from employers and contractors. Frank Frederick and his team at Frederick's Accounting are there to assist you with your tax questions and issues. Listed below are some additional resources to check out for general tax questions, forms and other issues regarding Minnesota taxes or Federal taxes.
- Minnesota Department of Revenue.
- 2008 Minnesota Tax Forms.
- Track your MN State refund.
- The Internal Revenue Service.
If you need additional assistance, please call Fredericks today to set up an appointment. We will be happy to schedule a personal sitdown meeting to discuss all of your tax and accounting needs.
Almost everything you own and use for personal purposes, pleasure or investment is a capital asset. When you sell a capital asset, the difference between the amounts you sell it for and your basis, which is usually what you paid for it, is a capital gain or a capital loss. 
If you receive certain types of income, you may get a Form 1099 for use with your federal tax return. Form 1099 is an information return provided by the payer of the income. The payer should send or provide your Form 1099-series information returns by January 31, 2007. 
Do you work at a hair salon, barber shop, casino, golf course, hotel or restaurant or drive a taxicab? The tip income you receive as an employee from those and other services is taxable income. 