Steve Salveson, CPA, CGMA

Principal | Red Wing Office

651-388-6414

How Steve got here

  • Bachelor of Science in Business from Montana State University, Bozeman
  • Joined the Smith Schafer team in 2005

How Steve approaches work

“Do what we can to meet or exceed client expectations and provide value for our clients.”

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Related Service Resources

Updated Guidance on Payroll Tax Deferral

Updated Guidance on Payroll Tax Deferral

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, allows for a payroll tax deferral of the employer share of Social Security tax that would otherwise be due from March 27 until December 31, 2020. Initially, this deferral was not available to those businesses taking advantage of the Paycheck Protection Program (PPP) Loans.

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Payroll Tax Credits & PPP Loan Guidance

Payroll Tax Credits & PPP Loan Guidance

In the last three weeks, two major pieces of stimulus legislation have been signed into law. Both acts provide opportunities for small businesses, but also require additional tracking for proper reporting.

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Federal and Minnesota Tax Deadlines Extended

Federal and Minnesota Tax Deadlines Extended

Treasury Secretary Mnuchin announced on Friday, March 20th that the federal tax deadline will be extended until July 15th, 2020 and Minnesota Governor Walz announced that the State of Minnesota will follow suit with income tax filings and income tax payments due July 15th.

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