Personal Accounting Services For Individuals

Trusted Financial Guidance Tailored to Your Life

 

At Menden Accounting, we understand that your financial needs are as unique as your life story. Whether you’re planning for retirement, managing an inheritance, or seeking peace of mind for your family’s future, our team provides personalized accounting services designed to support and protect your financial wellbeing at every stage.

Elder Care

Financial Care with Compassion and Clarity

Navigating financial matters in your golden years—or supporting an aging loved one—can be overwhelming. Our Elder Care Financial Services are here to help ease that burden with dedicated, respectful, and transparent assistance.

We work closely with seniors, adult children, and caregivers to:

        • Monitor day-to-day financial activity such as bill payments, bank account reviews, and budgeting
        • Prevent fraud and financial abuse through oversight and regular reporting
        • Organize and maintain financial records for tax preparation, benefits applications, and estate planning
        • Coordinate with legal, medical, and caregiving professionals to ensure financial decisions align with long-term care needs

You or your loved one can remain independent and secure, knowing a professional is keeping everything in order with integrity and discretion.

ESTATE PLANNING SUPPORT

Secure Your Legacy

 

Your legacy deserves thoughtful planning. At Menden Accounting, we help you prepare for the future with comprehensive estate and trust planning support. While we work in tandem with your estate attorney, our role is crucial in the financial and tax-related aspects of your estate strategy.

Our estate planning services include:

  • Asset organization and financial inventory creation
  • Tax-efficient gifting and wealth transfer strategies
  • Trust accounting and documentation support
  • Coordination with your estate attorney or financial planner

 

We help you build a legacy plan that reflects your values and ensures that your family, charitable causes, and future generations are cared for as you intend.

Answers for Shakopee, MN Filers: Are People Getting Bigger Tax Refunds This Year?

 Key TakeawaysYes, many filers may see larger refunds (potentially $300 to $1,000 more) based on current estimates The increase is largely tied to new tax cuts under the One Big Beautiful Bill Act (OBBBA) and outdated withholding during 2025 Whether a...

What Do I Need To File My Taxes This Year With My Shakopee, MN Tax Pro?

 Key TakeawaysBring valid government photo IDs and Social Security cards (or ITINs) for every person listed on your return to verify identities and prevent fraud. Collect all W-2s and 1099s, including the new Form 1099-DA for any digital asset or...

Which Tax Credits Do I Qualify For? A Guide For Shakopee, MN Taxpayers

 Key TakeawaysThe Child Tax Credit is up to $2,200 per child, with up to $1,700 available as a refundable payment even if you owe no taxes. Adoptive parents can now claim a credit of up to $17,280, with up to $5,000 of that amount now fully...

What Tax Changes Are Coming in 2026 For Shakopee, MN Filers?

 Key TakeawaysTax rates didn’t change, but brackets and deductions did. Inflation adjustments mean more income is taxed at lower rates. The SALT deduction cap jumped to $40,400, making itemizing relevant again for many households. New deductions for...

What Are Tax Planning Strategies Shakopee, MN Taxpayers Should Use First In 2026?

 Key TakeawaysGetting organized early helps prevent missing income documents and IRS matching issues later. January is the best time to check withholding and estimated tax payments for the year ahead. Contribution limits for retirement and...

How Can Shakopee, MN Retirees Reduce Required Minimum Distribution Taxes?

 Disclaimer: This content is provided for general educational purposes and does not constitute individualized tax advice. Tax planning strategies should be evaluated based on your specific circumstances in consultation with a qualified tax professional. Key...

What Are The Best Year-End Tax Moves Shakopee, MN Taxpayers Can Make Last Minute?

 Key TakeawaysYou can still make charitable gifts that count for this tax year, including donor-advised funds and stock donations. Depending on your income level, it may make sense to itemize deductions and repay a fourth-quarter state estimated tax payment...

What Does the IRS Math Act Mean For Shakopee, MN Taxpayers?

 Key TakeawaysIRS notices must now provide a clear, specific explanation of the exact error. Not generic language or guesswork. The IRS must prominently tell you about your 60-day right to request abatement, including the exact deadline date. Line...

What’s the Shakopee, MN Gig Worker Solution to a Surprise Tax Bill?

 Key TakeawaysEstimate your full 2025 tax liability now (including income tax and Self-Employment Tax) to avoid underpayment penalties before the January estimated tax deadline. Maximize year-end deductions such as mileage, home office, equipment purchases,...

IRA v Roth IRA v 401(k): Should Shakopee, MN Taxpayers Convert Before 2026?

 Key TakeawaysTraditional IRA gives you a tax break today and taxable withdrawals later.  Roth IRA means tax-free growth and withdrawals later.  401(k) has larger limits with employer-based tax benefits. A Roth conversion adds income to...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

Let Us Help: