Your Tax Return Deserves More Than a Minimum Review
Professional individual tax preparation for every income situation — prepared by an advisor who looks for what you don't know to give.
More than 40 years of preparing individual tax returns in the Minneapolis metro has taught us one thing: most people leave money on the table, not because they're careless, but because they didn't know what to ask for. We do. At It All Adds Up Accounting and Tax, every individual return is prepared with professional-grade software and advisor oversight — not a self-guided workflow that inputs only what you provide.
Whether your situation is straightforward or genuinely complex, we review every eligible deduction and credit category before your return is complete.
Every Income Situation, Handled Correctly
Individual tax preparation isn't one-size-fits-all. We prepare returns for the full range of individual income scenarios, including:
- W-2 employees with standard or itemized deductions
- Self-employed individuals and freelancers with business income and deductions
- 1099 contractors managing multiple income sources
- Retirees with pension, Social Security, and IRA distribution income
- Investors with capital gains, dividends, and stock compensation
- Individuals with rental property income and related deductions
- Estates and trusts requiring individual-level reporting
- Clients with international income, foreign accounts, or cross-border filing requirements
If your income comes from more than one place, or your situation changed this year, a professional review is worth more than the fee.
What a Preparer Catches That Software Misses
Tax software inputs what you give it. It doesn't ask follow-up questions. It doesn't know you started a side business last spring, that your health insurance premiums may be deductible, or that a retirement contribution you made in January could reduce this year's tax bill.
We review your full picture. That means walking through self-employment deductions, retirement contributions, health insurance premiums, investment activity, and the itemized versus standard deduction comparison before anything is filed. One missed deduction typically costs more than the preparation fee — and most people don't find out until it's too late.
Our individual tax preparation process includes:
- Full deduction and credit category review
- Self-employment income and expense analysis
- Retirement contribution and IRA deductibility review
- Capital gains treatment and investment income optimization
- Itemized versus standard deduction comparison
- Health insurance premium deductibility for self-employed clients
- Prior-year return review when new clients come to us mid-filing season
Flexible Scheduling and Extended Hours During Tax Season
Most working adults can't leave the office at 2:00 on a Tuesday to meet with their accountant. We offer extended hours during tax season so you don't have to take a day off to file. Appointments are available to fit your schedule, not ours.
Prefer to handle everything remotely? Our secure Canopy client portal lets you upload documents, review your return, and communicate with our team without setting foot in our Edina office. We serve clients throughout the Twin Cities metro — including Minneapolis, Bloomington, and Eden Prairie — and offer virtual tax preparation for individuals anywhere in the country.
Common Questions About Individual Tax Preparation
Do I need a CPA or can I just use TurboTax?
While DIY tools work for simple returns, our clients often have complex needs—multi-state filings, real estate investments, or business deductions. A CPA ensures every angle is covered and uncovers opportunities software can’t.
What tax strategies do you use for small business owners?
We help select the right entity, maximize retirement plan contributions, time income and expenses for optimal results, and find industry-specific deductions. It’s all about year-round planning—not just scrambling in March.
Can you help with taxes if I own property or do business in more than one state?
Yes. We regularly handle multi-state tax compliance for business owners and real estate investors. Our planning ensures you pay what’s required, not a dollar more.
How fast will my taxes be done?
Most returns are prepared within 2–3 weeks of receiving complete documents. We communicate clearly so you always know what’s happening.