1-800Accountant, America’s leading virtual accounting firm for small businesses, handles all your time-consuming bookkeeping and accounting duties with seamless, end-to-end services purpose-built to help your small business develop and grow in North Dakota.
Business Tax Preparation: Get your taxes prepared and filed by a CPA experienced in your industry, and always have confidence in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save your business thousands annually when you leave the complexities of North Dakota tax preparation to them.
Bookkeeping: Strengthen your financial foundation and manage cash flow with error-free bookkeeping done for you that saves time and generates important data-backed business insights. This detailed work provides the best tools for interpreting data with easy-to-understand reporting, enabling your accountant to generate crucial financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps minimize your business tax liability in North Dakota throughout the year while ensuring compliance.
Payroll: Save several hours each pay period with our comprehensive payroll service handled for you, including regular tax submissions to the state of North Dakota. This ensures accuracy and gives your the freedom to focus on other aspects of your business.
Business Formation: Experience the advantages of officially establishing your business in the state of North Dakota with our complimentary incorporation service. Just pay North Dakota state fees, and we'll handle the rest. This puts you on a path to hiring employees, creating a business bank account, and enjoying an adjusted business tax structure and maximum tax savings.
North Dakota Corporate Tax Rates and Brackets
Corporate Tax Rate | Corporate Tax Bracket |
---|---|
1.41% | $0 |
3.55% | $25,000 |
4.31% | $50,000 |
When Do You Have to File Business Tax Returns in North Dakota?
Partnerships Due Date - Annual Returns | C-Corp Tax Due Date - Annual Returns | S-Corp Tax Due Date - Annual Returns |
---|---|---|
The 15th day of the fourth month after taxable year end | The 15th day of the fourth month after taxable year end | The 15th day of the fourth month after taxable year end |
LLC Renewal Dates and Fees in North Dakota
How Often Do You Have to Renew Your LLC? | LLC Formation Filing Fee | LLC Yearly/Biennial Filing Fee |
---|---|---|
Annually | $135 | $50 |
Single Filers - North Dakota Tax Rates and Brackets
Single Filer Rates | Single Filer Brackets |
---|---|
1.95% | $44,725 |
2.50% | $225,975 |
Single Filers - North Dakota Exemptions and Deductions
Standard Deduction (Single) | Personal Exemption (Single) |
---|---|
$14,600 | n.a. |
Married Filing Jointly - North Dakota Tax Rates and Brackets
Married Filing Jointly Rates | Married Filing Jointly Brackets |
---|---|
1.95% | $74,750 |
2.50% | $275,100 |
Married Filing Jointly - North Dakota Exemptions and Deductions
Standard Deduction (Couple) | Personal Exemption (Couple) |
---|---|
$29,200 | n.a. |
When choosing an accountant or bookkeeper for your North Dakota small business, you should consider these factors:
Relevant Certifications and State Compliance Knowledge: Look for accountants with relevant certifications, such as a CPA designation. Ensure they have a comprehensive understanding of North Dakota's specific tax laws, compliance requirements, and filing deadlines impacting your operations.
Industry-Specific Experience and Specialization: Seek accountants with experience in your industry. Specialized knowledge can significantly help in managing industry-specific financial matters, strategic planning, and compliance.
Familiarity with Local Economic Environment: Choose an accountant who understands North Dakota's economic landscape, including prominent industries including agriculture, energy, manufacturing, and healthcare. Local insights can impact strategic financial decision-making and tax planning.
Knowledge of State Tax Incentives: North Dakota offers various tax incentives for your business, such as credits for job creation, research and development, and manufacturing. An accountant with expertise in navigating these incentives can help you maximize your benefits.
Accessibility and Communication: Ensure the prospective accountant is accessible and maintains clear communication. Their ability to explain financial matters in an understandable way is crucial for informed decision-making.
Reputation and References: Check reviews, ask for references, and gauge the accountant's reputation in the North Dakota business community. A strong track record is an indicator of reliability and competence.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.