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.
We understand the industry and what keeps you up at night
Managing a Fleet
Cash Flow & Forecasting
Mergers & Acquisitions
specialized transportation industry services
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.
Our Client Survey Results
Average NPS score in the accounting industry – 38%
- Net Promoter Score 83.9% 83.9%
- Understanding of Client Needs 92% 92%
- Delivers High-quality, Error-free Work 94% 94%
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
Transportation Industry Resources
These new rules will significantly impact the financial statements of transportation companies leasing real property, equipment, vehicles, and any other fixed assets. Here are five ways the new lease rules may affect transportation companies.
Over the past 45 years, we have dealt with several IRS audits involving the fuel tax credit claimed by our bus company clients.
This article will provide insight on employee stock ownership plans (ESOP) and how they can be an option for succession planning for transportation companies. An ESOP can provide many benefits, such as tax savings for owners and the business and increasing the culture of ownership by involving employees who have shown service and loyalty.
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Our client satisfaction is exceptional, as demonstrated by our 96.4% satisfaction rate.