Our team continually reevaluates tax strategies to ensure they are beneficial to you. Wipfli's Tax associates have in-depth knowledge of the financial institutions industry and can provide tax planning, compliance, and audit assistance on industry-specific issues, as well as issues that are not unique to financial institutions.
State and Local Taxes (SALT). Keeping up with changing tax laws in all of the states where you do business can be a daunting task. Our SALT team offers in-depth solutions to complex issues related to income, sales, use, franchise, and other taxes. Specific areas where our state and local tax professionals can assist clients include:
S corporations are still a viable structure for minimizing income taxes for closely held family businesses. Generally speaking, there is only one level of taxation in an S corporation, and the undistributed income increases stock basis. Wipfli's tax professionals are well versed in all areas of S corporation taxation, including:
Wipfli's tax professionals can assist you by ensuring all S corporation requirements are met and taxation is minimized to the extent allowed by law.
Wipfli’s approach to taxes is to provide your management with integrated tax compliance and tax planning services. The person who develops your tax planning strategies is also involved in the tax compliance process, which provides a seamless implementation of the planning strategy. Our tax partners and managers specialize in different tax areas, which offer you valuable resources. Wipfli can assist you with annual tax compliance and the minimization of quarterly estimated tax payments. We can also provide assistance with the day-to-day questions related to informational reporting requirements and payroll, sales, and property tax filings.
Maria Bruggink has 20 years of tax experience, teaching her to be innovative so her clients pay the least amount of taxes possible.
With an understanding of the institution’s objectives, culture, and values and a keen knowledge of the industry, Wipfli provided a realistic evaluation of key strategic business opportunities and was able to offer solutions that fit their institution.
The Financial Institutions group reviews a wide range of information channels to provide you with up-to-date accounting and tax information that affects you and your institution. Click here to review the most recent up-to-date information. Visit often to ensure you receive all the latest information.
Implementing an extensive risk management progam that included standards affecting administrative, technical, and physical safeguards.
