Certified Public Accountants

Mosford, Barthel & Co., PLC.

Mosford, Barthel & Co., PLC. is a local accounting firm with offices located in Monticello and Elk River, MN.  The firm was founded in 1976 by Bob Mosford, CPA/PFS, and has continued to grow along with Monticello, Elk River, and the surrounding communities.

Did You Pay Uncle Sam Too Much?

 

Amend your tax return and get money back!!

 

Nine commonly overlooked deductions and credits:

 

¨ Education credits apply to many job skills improvement courses in addition to students post-secondary education tuition.  These credits are not just for students!

¨ Minnesota allows deductions for various grade and high school costs such as music lessons, music instrument rental, tutoring, private school tuition, and up to $200 for computer software and/or hardware.

¨ Tax credits apply to childcare incurred in order to work or go to school.

¨ Upon refinancing a home mortgage, points previously incurred on the original mortgage, and not yet deducted, may be completely deducted in the year of refinancing.

¨ Charitable contributions include volunteer activities such as vehicle mileage, meals and lodging, etc.  Non-cash contributions include the value of food, used clothes and household effects given to charity and the costs of an exchange student living in your home.

¨ The refundable earned income credit may be claimed even though you incurred a self-employment loss.

¨ Elderly parents cared for by you may qualify as your dependent, or medical costs paid by you for them may be deductible by you.

¨ Businesses may claim a tax credit for expenditures incurred to make a business accessible to disabled individuals.

¨ Small businesses may claim a first year depreciation allowance of $125,000 in 2007.

 

Let us review your tax return and amend it to get your money back!  No obligation unless we file an amended return for you!  Give us a call at (763) 295-4800 or send us an e-mail to request more information.

Monticello Office:

305 Cedar Street, Suite 201

Monticello, MN 55362

Tel: (763) 295-4800

Fax: (763) 295-4804

 

Elk River Office:

812 Main Street, Suite 210

Elk River, MN 55330

Tel: (763) 441-1384

 

Email: amoll@mbcocpa.com

 

Directions:

Select office location below for Mapquest directions:

· Monticello

· Elk River

To contact us:

Copyright © 1999-2008 Mosford, Barthel & Co., PLC.