Professional Tax
Accountants

We provide a thorough, professional tax experience in a welcoming and comfortable environment, all while maintianing a responsive, timely atmosphere that creates long term relationships.

Jacobson & Young is a tax firm specializing in individual and business tax returns, trust and estate tax returns and bookkeeping services. We can also assist you with other various tax matters, such as sales and use taxes, payroll taxes and provider taxes.

What We Do

Individual & Corporates Tax Accounting Services

Individual & Corporate Taxes

We can provide effective tax planning and preparation for both your personal and business tax matters. We understand and will communicate all federal, state and local tax legislation and guidelines that may impact your business. We will work to effectively identify new ways to reduce your combined tax liabilities. Call us today to see how we can make a difference for your livelihood today.

Trust and Estate Taxes

We are here to help you handle all your  estate and trust related tax matters.

Bookkeeping Services

We are here to support your improve and support your tax and financial management with experienced bookkeeping services that help you balance and properly catergorize your transaction keeping your business running smoothly today and throughout the year round.

Important Tax News and Information

IRS issues standard mileage rates for 2022

December 17, 2021
 The Internal Revenue Service today issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on January 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021,
  • 18 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, up 2 cents from the rate for 2021 and…

IRS Delays Millions of Refunds 

July 6, 2021

If you’re one of the millions of Americans waiting patiently for your 2020 federal tax refund, we sympathize with you. This tax filing season has been one like never before and we are hearing from many of you wondering why you haven’t received your payment yet. There are several reasons for the delays, but we can assure you that your return was prepared with the utmost care and expertise, and it is likely part of the sizable IRS backlog of returns.

As of June 5, the IRS reported there are more than 18 million 2020 returns in its pipeline to be processed, and a few million others yet to be finalized from 2019. This past year has been… 

Advanced Child Tax Credit Information

July 6, 2021
With the recently enacted American Rescue Plan, there were changes made to the child tax credit that may benefit many taxpayers, most notably:

  • The amount has increased for certain taxpayers
  • The credit is fully refundable
  • The credit may be partially received in monthly payments
  • The qualifying age for children has been raised from 16 to 17

The IRS will pay half the credit in the form of advance monthly payments beginning July 15 and ending Dec. 15…

Client Testimonials

“We have worked with Jacobson & Young for many years and have found them to be exceptional.  Andrew Young has always gone above and beyond to help us with our tax returns and give us guidance on tax related questions.  We would recommend them, without qualification, to anyone seeking experienced and knowledgeable tax professionals.”

Patti and Jeffrey S.

“One of the best referrals I have ever received, was to contact Jacobson & Young for my tax services. Since the beginning, I have had the good fortune of working with Andy Young as he provided not only essential tax expertise, but also extremely helpful financial advice as well. While I greatly appreciate his integrity and professionalism, I am even more impressed with his commitment to patiently discuss any questions or concerns, often accompanied by his witty sense of humor.

This winning combination of expert tax service in a relaxed, friendly atmosphere is why I highly recommend Jacobson & Young.”

Dawn K.

“I use Jacobson & Young for both my business and personal tax needs. Dan Jacobson takes both the stress and uncertainty away from my bookkeeping and tax returns. It is very reassuring to know I have someone in my corner I can use to make these issues as smooth as can be.”

Kurt N.

Contact Us

You can schedule either in person, phone or video meetings by calling the office.

Open Tuesday thru Friday 9:00 a.m. to 2:00 p.m. (Call for outside these hours)

Closed Saturday & Sunday

(952) 929-7990

6600 France Avenue South, Suite #204 Edina, MN 55435