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
Tax Law Changes Meal and Entertainment Deductions
Once upon a time, taxpayers could generally deduct 50% of business-related meal and entertainment expenses.
How Does Self-employment Tax Work
Every day, individuals transition from working for an employer to being self-employed.
Vehicle Expense Deductions – Follow Detailed Recordkeeping Rules
Many business owners fail to follow the strict tax rules for substantiating vehicle expenses.
