Red Wing Tax Compliance
The business and tax environment has become increasingly complex. Most cannot maintain the expertise necessary to ensure compliance in all tax disciplines. Smith Schafer’s Red Wing team will work closely with you to evaluate your situation and recommend the best approach to tax compliance.
There is a lot at stake when it comes to tax.
Our Red Wing office tax experts can evaluate your situation, and recommend the best approach to lower tax liability, maximize savings from allowable deductions and take advantage of available tax credits so you can focus on growing your business.
Our Experience
Our Red Wing, Minnesota office was established in 2011 with the acquisition of Erickson, Rietmann, Roufs, and Kiecker, Ltd. Our firm has over 50 years of tax expertise, and our experts can help you take advantage of the many tax-saving opportunities available. Our recommendations consider your short-term burdens and long-term goals and are designed to enhance your business profitability.
Red Wing Tax Compliance Services:
- Corporate Tax Preparation
- S-Corp Tax Preparation
- Partnerships & LLCs
- Estate & Gift Tax Returns
- Sales & Use Tax Reporting
- State & Local Tax
- IRS/State Tax Representation
Our Red Wing professionals can provide effective tax strategies, coordinated and executed based on your unique situation.
Business Tax Resources
Paycheck Protection Program & Year-End Tax Planning
Congress passed the CARES Act and provided funding for Paycheck Protection Program (PPP) Loans. Many of you took advantage of the provisions afforded you related to PPP and the CARES Act.
Payroll Tax Deferral Guidance
On August 8, 2020, President Trump issued an executive order and three memoranda providing or extending COVID-19 relief to individuals and organizations. On August 28, 2020, the Department of Treasury and Internal Revenue Service issued guidance for implementing the memorandum’s payroll tax deferral portion.
Payroll Tax Deferral Memorandum – What Do We Do Now?
On August 8, 2020, President Trump issued an executive order and three memoranda providing or extending COVID-19 relief to individuals and organizations.
