Minnesota takes nearly 10% at the top bracket. Minneapolis business owners need aggressive, proactive strategy to keep more of what they earn.
High-tax state. Top rate 9.85%. Strong demand for tax optimization. Corporate tax at 9.8%.
No local income tax. High state rates are the primary burden.
A Minneapolis manufacturing company doing $4.8M in revenue was paying a combined 47%+ effective rate. After PTET election, entity restructuring, and a cash balance plan, they reduced their effective rate by 11 points, saving $127,000 annually.
Bypass the $10,000 SALT deduction cap with a Pass-Through Entity Tax election, recovering state taxes as a business deduction.
Learn more →Optimize your business structure across LLCs, S-Corps, and holding companies to minimize tax exposure and maximize protection.
Learn more →Shelter $150,000 to $300,000+ per year through custom pension plans designed for high-income business owners.
Learn more →Reclassify building components to 5, 7, or 15-year property for accelerated depreciation and massive first-year deductions.
Learn more →Claim dollar-for-dollar federal tax credits for qualifying development, engineering, and process improvement activities.
Learn more →We serve Minneapolis-St. Paul business owners remotely with the same depth as a local firm. Our Tax Intelligence Framework starts with a comprehensive review of your financials, entity structure, and current tax position. We then build a custom strategy and implement it.
We work alongside your existing CPA, not replacing them. Learn more about our tax strategy service or read about how we work alongside your CPA.
Book a free review and we'll identify exactly how much you're overpaying and the strategies to fix it.
Tell us about your business and we'll identify every savings opportunity available to you.