Torkelsons & Associates CPAs, LLP
Certified Public Accountants
The Form 1099-K threshold is back to $20,000 and 200 transactions. See what this means for your online payments and when to call a tax professional.
The IRS mailing address change affects Form 1040-V and 1040-ES. See the new Louisville and Charlotte PO Boxes and when to use each. If you are unsure, we can help.
Learn which One Big Beautiful Bill Act deductions may lower your 2025 taxes, including tips, overtime, car-loan interest, and a new senior deduction. We can help.
Wondering how to know it’s the IRS? Learn how real IRS contact works, what scammers do, and how to report suspicious messages. If you’re unsure, we can help.
Summer activities that impact your tax return: Marriage, day camp, business travel, gig income, and home upgrades may all have tax consequences. Learn more with Torkelson & Associates CPAs.
Protect important records from natural disaster: The IRS urges you to secure vital tax and financial documents before disaster strikes. Torkelson & Associates CPAs can help you prepare—contact us for support.
The IRS is reminding taxpayers to create or log into their IRS Online Account before tax season. Learn why it matters and how Torkelson & Associates can help.
Avoid tax season stress and penalties—learn how IRS electronic payment options can help you pay securely and on time. Torkelson & Associates can assist.
Prepare for tax season with the IRS Tax Time Guide 2025. Learn about filing requirements, necessary forms, e-filing options, and potential credits and deductions.