Transportation has been a key practice area of ours since 1971.
Minnesota Transportation Accounting Services.
What’s driving your business?
It should be efficiency, employee retention and profit, but too often it is competition, revolving training and cash flow. You should have an advisor on your side to take a tax efficient, proactive approach to managing the top and bottom line and everything in between.
Whether it’s negotiating fuel surcharges or dealing with leasing sales tax and fleet maintenance, Smith Schafer has the experience and understanding of the transportation industry to make a lasting positive difference in your future success. Our Transportation Group, comprised of numerous professionals, is committed to serving over 110 Minnesota transportation entities.
specialized transportation industry services
Financial Statement Preparation & Review
Cost Segregation Studies
Proactice Tax Planning
Employee Benefits Consulting
Bookkeeping & Payroll
Business Succession Planning
Estate & Succession Planning
IRS/State Tax Representation
Multistate Tax Consulting
State and Local Income/Sales Tax
Risk Assessments & Internal Controls Review
Projections and Other Financial Analysis
Health Reform Advisory
Budgeting & Cash Flow Analysis
Insurance Coverage Analysis
Audit & Attest
4 TAX ITEMS IMPACTING THE
TRANSPORTATION INDUSTRY IN 2020
Watch this short 6-minute video of Kim Mahanna, transportation team leader, has he discusses the main items affecting the transportation industry in the 2020.
- Overview of Tax Reform
- Minnesota Conformity
- Qualified Business Deduction
Smith Schafer professionals have serviced and made a strong
Why Transportation Clients Choose Us
“Great customer service – always!”
– Baser Freight
“I have worked with Smith Schafer directly and indirectly since 1979. I’ve always felt comfortable and confident in the work they do. Smith Schafer knows the law, the regulations and the rules that support our business.”
– Minnesota Coaches
Partner with an experienced team of CPAs to help you create saving opportunities both now and in the future.
Contact us today to schedule a consultation about your Transportation business.
Transportation Industry Resources
Reading Time: 3 minutes The transportation industry is feeling the impact of the COVID-19 crisis in a variety of ways. To assist transportation companies during this uncertain time, the Smith Schafer Transportation Experts are providing a list of the top questions we hear from the industry.
Reading Time: 2 minutes The school bus industry has recently experienced a moderate level of technological change and development.
Reading Time: 3 minutes On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (TCJA), also known as tax reform.
STAY IN-TUNE WITH CURRENT BUSINESS, INDUSTRY, ACCOUNTING AND TAX NEWS.