Wolter & Raak

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Contact Info

  819 Whitewater Avenue
  St. Charles, MN 55972
  507.932.3010
  507.932.5651 Fax

  51 West Fourth St. Suite 200
  Winona, MN 55987
  507.454.2908
  507.474.1490 Fax

  975 34th Ave. NW Suite 301
  Rochester, MN 55901
  507.424.1233
  507.424.4433 Fax

  Rushford Phone # 507.864.7200

Proven Track Record & Expertise John Keats once said, “Nothing ever becomes real till it is experienced.” Though he was probably not talking about serving the financial needs of business and individuals, he could have been. Because after 40+ years in the business, at Wolter & Raak, we know nothing is ever going to help our clients more than the experience we have earned. Our services have helped business owners in every field from manufacturing to agriculture, retail to construction, medical to non-profit and more. Leaders in these industries have experienced success in their partnership with Wolter & Raak and you should too.

I forgot to make my estimated income tax payment on time. Should I
send it in late, or double up on the next payment?

How long should I keep my tax returns?

How can I contact the Internal Revenue Service?

How can I contact the State of Minnesota regarding my income taxes
or property tax refund?

How do I get to your St. Charles office?

How do I get to your Winona office?

How do I get to the Rochester Office?

Where's my tax refund?

What is the business mileage rate for 2009?

What is the business mileage rate for 2010?

What does the Unicorn signify?

I forgot to make my estimated income tax payment on time. Should I
send it in late, or double up on the next payment?

You should make your estimated payment as soon as possible. Penalties are assessed when estimates are not paid by the due dates. If you wait to double up on your next quarter’s payment, your penalty will be much larger than if you just pay it a few days late.

How long should I keep my tax returns?
Tax returns and supporting documentation should be kept a minimum of 7 years. The IRS is allowed to look at the prior three years in the event of an audit, and in some cases can go back an additional three years. Keep cancelled checks and supporting records for at least 7 years as well. (Hint: If space is not an issue, why not keep all prior tax returns?

Having these records on hand may make things easier for you in the event you ever need to obtain information about a closed tax year - The recent State tax-deduction for IRA contributions made in 1982, 1983, and 1984, for example).

How can I contact the Internal Revenue Service?
Teletax Refund Information – 1-800-829-4477
Other questions (live person...eventually) – 1-800-829-1040
Forms & Publications (request by mail) – 1-800-829-3676
National Taxpayer Advocate’s Helpline – 1-877-777-4778
Tax Fax (to request forms and instructions by fax machine) – 1-703-368-9694
IRS Web Site – www.irs.gov
To check the status of your refund from the IRS Web Site - http://www.irs.gov/individuals/

How can I contact the State of Minnesota regarding my income taxes
or property tax refund?

For all questions including the status of your tax refund, call 1-651-296-3781 (The State no longer has a toll-free number to call). The State also has a web page where you can get forms and instructions and answers to some frequently asked questions. The site is www.taxes.state.mn.us.

How do I get to your St. Charles office?

From Rochester; Travel East on Highway 14, through Chester, Eyota and Dover. Turn right on MN-74 (Whitewater Avenue) for approximately .1 mile. Our office is on your left under the tan awning.

From Winona; If you are traveling North on Highway 61 turn left onto Highway 14 through Stockton, Lewiston, and Utica. Take a left on MN-74 Whitewater Avenue) for approximately .1 mile. Our office is on your left under the tan awning.

How do I get to your Winona office?
From La Crosse; Take US Highway 61N/US Highway 14W. Upon reaching Winona, you will turn right onto Mankato Avenue for approximately .5 miles, then turn left onto MN-43/Sarnia Street for 1.1 miles, then turn right on MN-43/Main Street for .6 miles, turning right onto West Fourth Street. Our office is located on the second floor of the South West corner.

From Fountain City; Take Wisconsin Highway 35 turning right onto Wisconsin 54 at the stop lights in Bluff Siding. This highway turns into Minnesota 43, turn left at the foot of the bridge onto 4th Street for three blocks. Our office is located on the second floor of the South West corner.

How do I get to the Rochester Office?
From Downtown Rochester - take Civic Center Drive NW - which turns into Hwy 14 W. Take the CR-22 exit (West Circle Drive) - turn left onto CR-22 S then turn left onto 9th Street NW. We are on the SE intersection of CR-22 & Hwy 14 W, across the street from Kwik Trip. We are located on the 3rd floor of the ONB building.

From St. Charles - take I-90 W - merge onto Hwy 52 via Exit 218. Take Hwy 52 N to Hwy 14 W (Exit 56B). Take the CR-22 exit (West Circle Drive) - turn left onto CR 22 S then turn left onto 9th Street NW. We are on the SE intersection of CR-22 & Hwy 14, across the street from Kwik Trip. We are located on the 3rd floor of the ONB building.

From Twin Cities – Take US-52 S towards Rochester. Exit onto Hwy 14 W (Exit 56B). Take the CR 22-W exit (West Circle Drive). Turn left onto CR-22 S then turn left onto 9th Street NW. We are on the SE intersection of CR-22 & Hwy 14 W, across the street from Kwik Trip. We are located on the 3rd floor of the ONB building.

Where's my tax refund?
Want to check the status of your federal refund? If you have access to the
Internet, you can go to their web site at www.irs.gov/individuals and follow the “Where’s my Refund?” link.

You can also type in the following link to go directly to the refund tracker:

https://www.irs.gov/individuals/article/0,,id=96596,00.html

If you don’t have Internet access, you can check the status of a return or refund by calling 1-800-829-4477. The return must have been filed at least four weeks ago.

To check on the status of your Minnesota refund, call: 1-800-652-9094.
Electronic or telefiled returns can take up to 21 days to process from the date they were accepted. Paper filed returns can take up to 90 days to process from the date they were mailed.

With Internet access, you can use this web site:

http://www.taxes.state.mn.us

You will need the following information: social security number and tax year of the return you are inquiring about.

You can also e-mail the State of Minnesota at: indinctax@state.mn.us

Be sure to include the following information in your request: Date the return was mailed or accepted, full name, spouse’s name (if applicable), address, and date of birth.

What is the business mileage rate for 2009?
The 2009 standard mileage rate for business miles decreased from .585 cents per mile to .55 effective January 1st.

What is the business mileage rate for 2010?
The standard mileage rate for business miles decreased from .55 cents per mile to .50 effective January 1st.

What does the Unicorn signify?
The Unicorn has been around for thousands of years, in stories, songs, and folk tales. Different cultures have created different images of this magical creature but most all agree that the Unicorn has a single horn in the middle of its forehead.

We incorporated the Unicorn as our brand mark over 20 years ago, for its representation of strength and imaginiation. Through updates and a new look over the years, it remains a constant focus. The Unicorn represents our commitment to incorporating thought and imagination in everything we do, and thinking outside of the box to find solutions. Some say the Unicorn no longer exists and others believe it can be discovered only by those with outstanding virtue and honesty. Naturally, we like to believe we fall into the latter category.


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