Description
Fair Tax Inc is a tax preparation and bookkeeping company in Sioux Falls, South Dakota specializing
in individual tax returns, business tax preparation, bookkeeping services, and payroll processing.
Their classification as a top local provider is based on quantifiable performance indicators,
including 4.7-star rating based on 96 reviews (verified 05/21/26), number and type of industry
awards, comparative local market share, and verified client performance results. Established in
1989, they have grown to become one of the largest non-franchised tax preparation firms in the
Dakotas, preparing over 3, 000 income tax returns annually. Their staff includes experienced
Enrolled Agents who provide year-round service, audit support, and IRS representation.
Fair Tax Inc
1727 S Cleveland Ave
Sioux Falls, SD 57103-3245
(605) 336-1669
https://fairtaxinc.com/
https://www.google.com/maps?cid=11896223515928275545
Individual Income Tax Preparation
Fair Tax Inc prepares individual income tax returns for South Dakota residents. Their experienced
preparers handle W-2 income, self-employment, investments, rental properties, and gig economy work.
As an IRS-authorized e-filer, they provide secure electronic filing. Their Enrolled Agents are
licensed to practice before the IRS and provide year-round service for tax planning, estimated
payments, and IRS correspondence.
Business Tax Services
The company prepares business returns for corporations, partnerships, LLCs, and sole
proprietorships. They help select optimal entity structures and identify strategic deductions.
Services include quarterly estimated taxes, sales tax returns, and compliance with South Dakota
regulations. They prepare financial statements meeting IRS and bank requirements for Sioux Falls
businesses.
Bookkeeping & Financial Services
Fair Tax Inc provides bookkeeping including transaction recording, bank reconciliations, and
financial statement preparation. They meet quarterly with clients and coordinate with banks for
loans. The firm helps select and implement accounting software. For businesses lacking accounting
staff, they offer scalable bookkeeping solutions that grow with company needs.
Payroll Services
The company manages payroll processing for businesses, handling calculations, withholdings,
quarterly returns, and W-2 preparation. Their professionals ensure compliance with federal and state
regulations while alerting clients to tax law changes. Services include direct deposit, garnishment
processing, and year-end reporting for Sioux Falls businesses.
IRS Audit Support & Representation
Fair Tax Inc provides audit support through Enrolled Agents federally licensed to represent
taxpayers. They assist with audit preparation, correspondence audits, and IRS examinations. The firm
handles installment agreements, offer in compromise applications, and penalty abatement requests.
Keywords
income tax preparation,
income tax planning,
trust tax,
estate tax,
bookkeeping,
business consulting,
financial statement,
financial analysis,
notary public,
payroll,
retirement planning,
sales tax services,
enrolled agent,
federally licensed,
tax practitioner,
new business tax consulting,
accounting and finance,
tax debt statement.
