Elite Tax and Consulting

Elite Tax and Consulting No annoying advisory and financial lingo. Just straight, authoritative and friendly advice. We are professional, experienced, and affordable.

Elite Tax and Consulting is licensed in ND and specializes in Bookkeeping. We offer a broad range of services for business owners, executives, and independent professionals. Our firm provides outstanding service to our clients because of our dedication to the three underlying principles of professionalism, responsiveness and quality. Professionalism
Our firm is one of the leading firms in the area

. By combining our expertise, experience and the energy of our staff, each client receives close personal and professional attention. Our high standards, service and specialized staff spell the difference between our outstanding performance, and other firms. We make sure that every client is served by the expertise of our whole firm. Responsiveness
Our firm is responsive. Companies who choose our firm rely on competent advice and fast, accurate personnel. We provide total financial services to individuals, large and small businesses and other agencies. Through hard work, we have earned the respect of the business and financial communities. This respect illustrates our diverse talents, dedication and ability to respond quickly. Quality
An accounting firm is known for the quality of its service. Our firm's reputation reflects the high standards we demand of ourselves. Our primary goal as a trusted advisor is to be available and to provide insightful advice to enable our clients to make informed financial decisions. We do not accept anything less from ourselves and this is what we deliver to you. We feel it is extremely important to continually professionally educate ourselves to improve our technical expertise, financial knowledge and service to our clients. Our high service quality and "raving fan" clients are the result of our commitment to excellence. We will answer all of your questions, as they impact both your tax and financial situations. We welcome you to contact us anytime.

Are you ready for it? 💍 Taylor Swift and Travis Kelce reportedly tied the knot, and while we love the romance, we have t...
07/11/2026

Are you ready for it? 💍 Taylor Swift and Travis Kelce reportedly tied the knot, and while we love the romance, we have to talk about the tax implications. Even for megastars, saying “I do” can trigger the “Marriage Tax Penalty.” This happens when a couple’s combined income pushes them into a higher tax bracket than as single filers.

For high earners: and many of our local business owners: here is why the math changes:

- The 37% Bracket: The top bracket often kicks in at a threshold lower than double the single amount.
- SALT Caps: The $10,000 state and local tax deduction limit applies to the whole return. Married couples get the same $10k cap as a single person, effectively cutting the deduction in half.
- Medicare Surcharges: Combined income can trigger extra taxes that wouldn't apply individually.

You don’t have to be a pop star to feel the squeeze! Proactive planning helps you keep more of what you earn. Want to see how your filing status impacts your bottom line? Let’s run the numbers.

Call us at 701-404-7540 or book a Discovery Meeting at elitetaxandconsulting.com.

Cash flow is the lifeblood of your business. But are you keeping your eyes on the right gauges? 🏎️Managing cash flow isn...
07/08/2026

Cash flow is the lifeblood of your business. But are you keeping your eyes on the right gauges? 🏎️

Managing cash flow isn't just about making more sales: it’s about how and when that money enters your bank account. Inspired by the strategies in "Get Cash Before Payroll," here are a few high-impact ways to stay ahead:

✅ Get Paid Sooner: Don’t wait until the end of the month. Use milestone billing or request upfront deposits to keep things moving.
✅ Automate Everything: Use tools like QuickBooks to automate your invoicing and collections. Let technology do the heavy lifting.
✅ Master Collections: Follow the 3 F’s: be Firm, Focused, and Friendly. A quick call 5 days before a bill is due can work wonders.
✅ Know Your Numbers: Audit your expenses regularly and calculate your 'fully loaded' labor costs to ensure every job is actually profitable.

Small shifts in your process can make a massive difference in your peace of mind. Ready to optimize your cash flow?

Book a Discovery Meeting today and let’s build a strategy that works for you. 🧡

Freedom is the backbone of the American Dream, and today we celebrate the independence that allows entrepreneurs to buil...
07/04/2026

Freedom is the backbone of the American Dream, and today we celebrate the independence that allows entrepreneurs to build, innovate, and succeed.

At Elite Tax and Consulting, we’re proud to support the small business owners in Fargo, Moorhead, and beyond who drive our community forward every day. We know that for many, true independence starts with financial freedom: having the clarity, confidence, and smart planning to grow your business on your own terms.

Whether you’re working toward your next big milestone or securing your family’s future, we’re here to be your trusted partner in navigating the complexities of tax and finance. We help you plan ahead so you can keep more of what you earn and focus on what you love.

Wishing you a safe and wonderful 4th of July filled with family, friends, and celebration! 🎆

Ready to take the next step toward your financial goals? We'd love to help. Book your Discovery Meeting today at elitetaxandconsulting.com or give us a call! 🧡

Did your student graduate with funds left over in their 529 plan?Thanks to the SECURE Act 2.0, you can now roll over unu...
06/30/2026

Did your student graduate with funds left over in their 529 plan?

Thanks to the SECURE Act 2.0, you can now roll over unused 529 funds directly into a Roth IRA for the beneficiary: tax and penalty-free! It’s a powerful way to turn excess education savings into a head start for retirement.

Here are a few key rules to keep in mind:

🧡 The 529 account must have been open for at least 15 years.
🧡 There is a $35,000 lifetime limit per beneficiary.
🧡 Rollovers are subject to annual Roth IRA contribution limits ($7,500 for 2026).
🧡 The beneficiary must have earned income.

Navigating these rules can be tricky, especially regarding the 15-year holding period and trustee-to-trustee requirements. We’re here to help you maximize your savings and ensure your family’s financial future is secure.

Don't let those hard-earned savings sit idle. Give us a call at 701-594-7000 to discuss your strategy and make sure your transfer meets all IRS requirements!

Is your home’s equity locking you in place? Since 1997, the capital gains tax exclusion on home sales has been capped at...
06/26/2026

Is your home’s equity locking you in place? Since 1997, the capital gains tax exclusion on home sales has been capped at $250,000 for individuals and $500,000 for married couples. That may soon change.

The National Association of Realtors is urging Congress to double these limits to $500,000 and $1 million through the "More Homes on the Market Act." This proposal aims to help longtime homeowners: especially seniors: sell their properties without facing a massive tax hit on their accumulated equity.

While federal revenue concerns remain, this is a critical development to watch for your real estate and financial planning. Staying informed on these legislative shifts is how we help you stay ahead.

Do you have questions about how current capital gains laws affect your property or business? Whether you’re planning a sale or just want to understand your options, our team is here to provide the reliable guidance you need.

Contact Elite Tax and Consulting at 701-594-7000 to discuss your real estate planning today. We’re your local partners for year-round financial success! 🏠🧡

Navigating finances shouldn't feel like a maze. 🧭 Getting the basics right is the first step toward financial success. W...
06/18/2026

Navigating finances shouldn't feel like a maze. 🧭 Getting the basics right is the first step toward financial success. Whether you're a new business owner or managing personal funds, here are 4 tips to build a strong foundation:

✅ Budgeting: Sticking to a budget ensures you know exactly where your money is going.
✅ Tackle Debt: Make a clear plan to pay down debts and save on interest costs.
✅ Use the Right Tools: Quality accounting software takes the guesswork out of tracking. 💻
✅ Partner with a Pro: As things get complex, a trusted accountant ensures compliance and growth.

At Elite Tax and Consulting, we provide the personalized, year-round support you need to thrive. Ready to take control of your financial future?

📞 Call us at 701-594-7000
🌐 elitetaxandconsulting.com

Your business isn’t just a series of numbers on a spreadsheet: it’s your passion, your hard work, and your future. At El...
06/18/2026

Your business isn’t just a series of numbers on a spreadsheet: it’s your passion, your hard work, and your future. At Elite Tax & Consulting, we believe your accounting partner should treat it that way.

When you see our sign in the neighborhood, know that there’s a team inside dedicated to your growth. Unlike national chains, we take the time to sit down, understand your unique goals, and build a financial strategy tailored specifically to you. From tax preparation and QuickBooks support to high-level CFO consulting, we provide the reliable backbone your business needs to thrive.

We’re more than just your accountants; we’re your partners in success. Whether you prefer to meet in person at our office or virtually for convenience, we’re here for you year-round: not just during tax season.

Ready to take your business to the next level with a team that truly cares? Let’s start the conversation today.

Give us a call at 701-594-7000 or visit elitetaxandconsulting.com to schedule your discovery meeting. 🧡

New week, new opportunities! 🚀As a business owner, every single day brings a fresh chance to grow, innovate, and move cl...
06/01/2026

New week, new opportunities! 🚀

As a business owner, every single day brings a fresh chance to grow, innovate, and move closer to your goals. But there’s something special about Monday: it’s the perfect day to set the tone for the week and seize every opportunity that comes your way.

Whether you're looking to streamline your accounting, optimize your tax strategy, or get a clearer picture of your financial future, we’re here to help you make the most of it. Don't let the financial complexities hold you back from focusing on the big picture and growing your business.

Let’s make this week your most productive one yet! If you’re ready to take your business to the next level with a trusted partner by your side, give us a call at 701-594-7000 or visit us at elitetaxandconsulting.com to schedule your discovery meeting.

Your trusted financial partner,
The Elite Tax and Consulting Team 🧡

Running a small business is a balancing act: keeping your eyes on the financial "gauges" is what keeps you in the race! ...
05/29/2026

Running a small business is a balancing act: keeping your eyes on the financial "gauges" is what keeps you in the race! 🏎️

To help you stay on track, here are our Top 4 Accounting Tips:

✅ Track your expenses: Every receipt matters! Staying organized maximizes deductions and keeps cash flow clear.

✅ Plan for taxes: Don’t wait until April. Proactive planning helps you keep more of what you earn and avoids surprises.

✅ Streamline invoicing: A solid system ensures you get paid on time and keeps your records accurate.

✅ Hire a professional: You don’t have to do it alone. Partnering with an accountant lets you focus on growth while we handle the complexities.

At Elite Tax and Consulting, we’re proud to be your trusted financial partner in Fargo and beyond. Ready to take control of your numbers? 🧡

Book your Discovery Meeting today!
📞 701-594-7000
🌐 elitetaxandconsulting.com

This Memorial Day, we pause to honor and remember the brave men and women who made the ultimate sacrifice in service to ...
05/23/2026

This Memorial Day, we pause to honor and remember the brave men and women who made the ultimate sacrifice in service to our country. Their courage and dedication are the foundation of the freedoms we enjoy every day.

As we spend time with our families and friends this weekend, the team at Elite Tax and Consulting joins our Fargo-Moorhead community in deep gratitude. We hope you have a safe, peaceful, and meaningful weekend reflecting on the true meaning of this day.

Our office will be closed on Monday, May 25th, in observance of the holiday. We look forward to serving you when we return on Tuesday.

With respect and gratitude,

The Elite Tax and Consulting Team 🧡🇺🇸

Address

3217 FIECHTNER Drive S SUITE A1
Fargo, ND
58103

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+17015947000

Website

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