Recent Blog Posts

IRS to Phase Out Paper Checks

November 20, 2025
While the IRS encourages electronic payments, it has not stopped accepting checks yet for the current filing season (as of November 2025). A federal executive order mandates the phase-out of paper checks for most transactions (including tax refunds and payments to the government) by September 30, 2025; however, official IRS guidance indicates that for 2024 and prior tax returns, current procedures (including check payments with Form 1040-V) should be followed until further notice, with the full transition expected with the 2026 tax filing season. Online Payment Instructions for Tax Clients Use one of the following official IRS methods to ensure your payment is processed correctly and on time: IRS Direct Pay (Recommended for individuals) This free service allows payments directly from a checking or savings account without any registration or fees. Action: Go to the official IRS Direct Pay website . Steps: Select the reason for the payment (e.g., "Balance Due") and the tax year the payment is for. Verify identity using personal information from a prior year's tax return. Enter bank account information (routing and account numbers) and the payment amount. Schedule the payment date (up to 365 days in advance) . Receive an immediate confirmation number and an optional email confirmation. Pay by Debit or Credit Card Clients can pay via an IRS-authorized third-party payment processor. Action: Go to the IRS Pay Your Taxes by Debit or Credit Card website for a list of approved processors. Note: The payment processors charge a convenience fee for this service; the IRS does not receive any portion of this fee. Electronic Funds Withdrawal (EFW) during E-filing If you are filing your return through a tax professional, the payment can be submitted simultaneously. Action: Integrate the payment request when completing the electronic filing process. Note: This is available only at the time of e-filing the return. Electronic Federal Tax Payment System (EFTPS) This service is ideal for individuals and businesses who need to make multiple or recurring payments (such as estimated taxes). Action: Enroll at the official EFTPS website or call 1-800-555-4477. Note: Enrollment may take several days, so clients should plan ahead. Important Reminder When paying electronically for a balance due, clients do not need to mail in a paper Form 1040-V payment voucher. Retaining the electronic payment confirmation for their records is sufficient.

Wisconsin Department of Revenue Targets Retirement Income in New Audit Initiative

November 6, 2025
The Wisconsin Department of Revenue (WDOR) has launched a limited audit initiative focused on retirement income reporting — specifically, IRA distributions that may qualify as Qualified Charitable Distributions (QCDs).

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Janesville, WI

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Accounting Solutions That Make Your Life Less Taxing

Your finances are in good hands with Hagen CPA, LLC. Since 1977, we've been a trusted choice for accounting services in Southern Wisconsin and Northern Illinois. We provide a wide range of CPA services, including financial statements, tax planning, QuickBooks assistance, payroll services, business planning, and more. We have two offices in Janesville and Evansville, WI, and we offer virtual consultations to meet with our clients in a way that works for them.

As a local, family-owned business, we have an exceptional team with a focus on client relations. Our team has over 50 years of experience, and we are strongly involved with community events and organizations. Our accounting services are second to none, and we can prepare preferred financial statements for banks among our other service options. Get in touch with us now to talk about your accounting needs. We'll provide a free quote!

Why Choose Hagen CPA, LLC

Great Client Relations

Strong Community Focus

Serving You Since 1977

Exceptional Team

Local and Family-Owned

Two Convenient Locations

Hagen CPA, LLC

Financial Statements

Our financial statement services are designed to give you a clear picture of your company's financial health. We prepare accurate, detailed statements that are preferred by banks and financial institutions. This ensures you have the credibility and transparency needed when seeking loans or investment opportunities.

Tax Planning

Proactive tax planning is crucial for minimizing your tax liability and maximizing your financial resources. Our experienced team stays up-to-date with the latest tax laws and regulations to develop strategic plans tailored to your specific situation. We work year-round to identify opportunities for tax savings and help you make informed financial decisions.

Tax Preparation

Let us take the stress out of tax season. Our meticulous tax preparation services ensure that your returns are accurate, compliant, and submitted on time. We handle both individual and business tax returns, leveraging our expertise to maximize your deductions and credits while minimizing your tax burden.

QuickBooks Assistance

Streamline your bookkeeping processes with our QuickBooks assistance. Whether you're new to the software or need help optimizing your existing setup, our QuickBooks experts can provide personalized training and support. We'll help you harness the full power of this tool to manage your finances efficiently and effectively.

Business Planning

Set your business up for long-term success with our comprehensive business planning services. We'll work closely with you to develop strategies for growth, profitability, and sustainability. From startup guidance to succession planning, our team provides the insights and support you need to achieve your business goals.

Payroll Services

Simplify your payroll process and ensure compliance with our reliable payroll services. We handle everything from calculating wages and deductions to filing payroll taxes, allowing you to focus on running your business. Our efficient systems and attention to detail guarantee that your employees are paid accurately and on time, every time.

Here's what our satisfied clients are saying...

At Hagen CPA, LLC, we take pride in providing exceptional CPA services to our clients. We would be grateful if you could share your thoughts about our business with others. Your feedback helps us improve and helps others make informed decisions. Please take a moment to leave a review of Hagen CPA, LLC and let others know what you think.

  • What services do you offer for small businesses?

    Hagen CPA, LLC provides a full suite of services for small businesses, including tax preparation, bookkeeping, payroll setup, and quarterly tax planning. We work with owners to create customized financial processes that reduce headaches and free you to run your business. As a local resource, we proudly serve clients as the CPA Janesville, WI residents count on to understand area regulations and common small-business challenges.

  • How do you help with tax planning throughout the year?

    We view tax planning as an ongoing process rather than a once-a-year event and schedule regular check-ins to review changes in your business or personal situation. Our team models different scenarios so you can see the tax impact of decisions before you make them. For clients who want local expertise, we are known as a responsive CPA Janesville, WI businesses recommend and that focuses on proactive planning and cash-flow strategies.

  • Can you help with payroll and bookkeeping setup?

    Yes, we help set up payroll systems, train staff, and provide bookkeeping workflows that keep records accurate and audit-ready. We can also integrate cloud accounting software so you and your team have secure, real-time access to financial data. Many small business owners in the region choose Hagen CPA because we are an experienced CPA in Janesville, WI who is familiar with both tools and local compliance requirements.

  • What should I bring to my first consultation?

    For an efficient first meeting, bring copies of recent tax returns, year-to-date financial statements, and any notices from taxing authorities. If you operate a business, include bank statements, payroll summaries, and any current accounting software login details. These documents help us quickly assess your situation and develop a prioritized plan tailored to your needs.

  • How do you work with business owners who prefer remote services?

    We offer secure remote options, including virtual meetings, encrypted document exchange, and cloud accounting access to minimize in-person visits when desired. Our processes are designed to be efficient and clear, so you always know what we need and why we need it. Clients throughout the area rely on Hagen CPA for virtual support, and many describe us as the CPA Janesville, WI businesses count on to balance technology with personal service.

  • Do you provide audit support and financial statement preparation?

    Yes, we prepare compilations and reviews of financial statements and support clients through audits or state examinations. Our team coordinates directly with auditors and helps assemble documentation so the process is as painless as possible. All of this and more make us the local CPA Janesville, WI and the surrounding areas rely on for timely, accurate reporting.

  • What experience do you have with industry-specific accounting, such as construction or retail?

    Hagen CPA, LLC has worked with clients across construction, retail, professional services, and manufacturing, so we understand industry-specific tax rules and reporting needs. We can advise on job costing, inventory accounting, contractor reporting, and industry-specific deductions to help you keep more of what you earn. Our local knowledge makes us a practical choice for businesses searching for a specialized CPA in Janesville, WI and beyond.

  • How do you protect client data and maintain confidentiality?

    Protecting client data is a top priority, so we use encrypted file transfer, secure client portals, and strict access controls to safeguard sensitive information. Our staff receive ongoing training in privacy and security best practices to prevent unauthorized access. If you have specific security concerns, we will outline our procedures and accommodate reasonable client preferences.

  • Can you help with a retirement plan and succession planning for my business?

    We advise business owners on retirement plan selection, tax advantages, and compliance for 401(k), SEP, and SIMPLE plans, helping you maximize benefits for owners and employees. For succession planning, we coordinate with attorneys and financial planners to create tax-efficient transition strategies that preserve business value.