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.
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.
Tax Resources & Forms
Useful Resources for New and Returning Clients
Resources and Forms
- Client Release Form
- Employee Withholding Allowance Certificate (Form W-4)
- 2023 W-4MN, Minnesota Withholding Allowance/Exemption Certificate
- Extension Fact Sheet
- 2022 IRS Automatic Extension of Time to File Form (4868)
- IRS Fact Sheet: FAQs for Commercial Clean Vehicle Credits
- IRS increase mileage rate
- Rental Organizer
- Self Employed Organizer Pages
Important Tax News and Information
Taxpayers who make home energy improvements in 2023 may be able to take advantage of tax credits for a portion of the qualifying expenses. The credit amounts were increased, and types of qualifying expenses were expanded, by the Inflation Reduction Act of 2022. This Client Update will help taxpayers compare the tax credits available for making energy home improvements…
The difference between having a hobby and running a business can be confusing. However, the difference is important because the IRS treats hobbies and businesses differently.
Trade or business. Generally, a trade or business is an activity carried on for a livelihood or in good faith to make a profit. Whether an activity is a trade or business depends on each situation’s facts and circumstances …
Individuals must receive annual required minimum distributions (RMDs) out of their retirement plan or IRA when they reach age 73 or older (this age will be increased to 75 in future years). For some taxpayers, the RMDs will bump them into a higher tax bracket and cause the taxpayers to be taxed at a higher tax rate. However, individuals age 70 ½ or older are allowed to make tax-free QCDs of up to $100,000 directly from their IRAs…
“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.”
“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.”
“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.”
You can schedule either an "in person", phone or zoom meeting by calling the office or using the "schedule now" feature.
This time of year the office is "by appointment only". If you need to stop by and pick up materials please let us know when you plan to do this so we can make sure someone is there at that time. There is a locked box outside the office door for dropping off materials."
Closed Saturday, Sunday & Monday
6600 France Avenue South, Suite #204 Edina, MN 55435
Dan Jacobson Appointment Calendar
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Andrew Young's Appointment Calendar
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