Engineering Firms

Complexity solved. We simplify the conversation.

Smith Schafer has been committed to helping Engineering firms for over 50 years.

Our Minnesota engineering clients are looking to maximize profits, improve cash flow and build a firm with high value to support eventual sale or succession.

Smith Schafer will help you navigate the changes in tax law and provide proactive advice so you can focus on your business.

Our Engineering Expert Group, comprised of numerous professionals, is committed to serving Minnesota engineering entities.

Specialized Engineering Firm CPA Services:

Accounting Software Consulting
401(k) and 403(b) Plan Audits
Bookkeeping & Payroll
Business Valuation
Projections & Financial Analysis
Technology Consulting

Why Professional Service Clients Choose Us

“Have been impressed with the entire operation…whether calling or in person.”

– Tom Illies Insurance Agency

“Greg Epsom is easy to work with and always responds in a helpful manner in a short amount of time and he is very professional and accessible.”

– Ohly Law Office

“Jason Miller and Meha Patel always do a great job!”

– Learning Masters

“Very satisfied with the professionalism and timeliness of the services provided to me.”

– Loucks & Associates

LET’S START THE CONVERSATION.
CONTACT US TODAY TO SCHEDULE A CONSULTATION WITH ONE OF OUR INDUSTRY EXPERTS.

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PROFESSIONAL SERVICE FIRM INDUSTRY RESOURCES

Accounting Basics for the Professional Services Industry

Accounting can be complicated and is a crucial component of a firm’s operations, regardless of its size. Many growing professional service firms struggle to create well-tuned accounting processes, especially as systems need to change to support increased activity.

5 Areas Professional Services Firms Should Focus On

COVID-19 has presented various challenges for professional services firms in 2020, unlike anyone could have foreseen. We understand the professional services industry since we are part of it ourselves.

R&D Tax Credits: Easy & Effective Tax Savings

The Research and Development (R&D) Tax Credit is one of the best opportunities for businesses to reduce their tax liabilities, improve cash flow, and increase earnings-per-share. This tax credit was initially enacted in 1981 to incentivize companies to increase their investment in developing new or improved products or processes.