Business Tax Preparation for Minneapolis and Twin Cities Businesses

Every Entity Type, Handled in One Place

Whether you operate as a sole proprietor, partnership, LLC, S-corp, or C-corp, your return has its own set of rules, deadlines, and compliance requirements. We prepare all of them.

• Partnerships (Form 1065): Multi-member LLCs and traditional partnerships, including K-1 preparation for all partners
• S-Corporations (Form 1120-S): Shareholder basis tracking, reasonable compensation review, and K-1 distributions
• C-Corporations (Form 1120): Federal corporate income tax, estimated payment schedules, and accumulated earnings considerations
• LLCs: Prepared under the correct classification — sole proprietor, partnership, or corporate — based on your current election
• Sole Proprietors (Schedule C): Filed as part of your individual return with full attention to deductible expenses and self-employment tax

If you're not certain your entity type is still the right fit for where your business is today, we can work through that with you as part of the engagement.

Minnesota Business Tax Compliance Is More Involved Than Most States

Minnesota's tax obligations for businesses go well beyond the federal return. The state imposes its own corporate franchise tax, and businesses with employees or sales activity face additional compliance layers that require attention year-round — not just in April.

We help business clients stay current with:

• Minnesota corporate and pass-through income tax: Proper apportionment, credits, and filing deadlines for state returns
• Sales and use tax: Identifying taxable transactions, filing schedules, and avoiding the penalties that come with missed remittances
• Unemployment insurance (SUTA) reporting: Accurate wage base calculations and quarterly reporting to the Minnesota Department of Employment and Economic Development
• Quarterly estimated tax payments: Projections updated throughout the year so your payments reflect your actual income — not last year's numbers

This is the kind of compliance detail that national chains and one-season preparers routinely miss. Local expertise, maintained year over year, makes a real difference here.

A Year-Round Relationship, Not a Once-a-Year Transaction

Most of the tax savings available to small business owners don't come from the return itself — they come from decisions made during the year. Entity structure, compensation strategy, retirement plan contributions, timing of deductions: these are planning conversations, not filing conversations.

We work with business clients throughout the year, not just at tax time. That means your quarterly estimates are based on current projections, your structure is reviewed when your circumstances change, and you're not explaining your business history to someone new every spring. We carry that knowledge forward — your industry, your ownership structure, your goals — so every conversation starts where the last one left off.