Hospitality
Our hospitality client base includes hotels, restaurants, bed and breakfasts, golf courses, breweries and wineries.
minnesota hospitality accounting experts.
Specific provisions in the tax law affect the hospitality industry more than others. Are you aware of the tax savings your hospitality business may be eligible for? Smith Schafer is a recognized leader in providing accounting, auditing and consulting services to the hospitality industry since 1971.
Our experts help businesses thrive in an industry known for high turnover, intense competition, tight controls and high costs. We committed to serving over 100 Minnesota hospitality entities. We take great pride in consulting on various industry specific issues, as well as the broader needs of these businesses and their owners.
specialized hospitality industry services
- Financial Statements Preparation & Review
- Accounting Services
- Proactive Tax Planning
- Multistate Tax Consulting
- Quarterly Corporate Reports
- State & Local Income/Sales Tax
- Risk Assessments & Internal Controls Review
- Bookkeeping & Payroll
- QuickBooks ProAdvisor Services
- Budgeting & Cash Flow Analysis
- Succession Planning
- Buying & Selling
- Business Valuation
- Retirement Plan Consulting
- Technology Consulting
- Wealth Management
- Insurance Coverage Analysis
- Benchmarking & Projections
INDUSTRY INVOLVEMENT
Smith Schafer professionals have serviced and made a strong
Why Hospitality Clients Choose Us
We are here to help you.
Contact us today to schedule a consultation about your Hospitality business.
Hospitality Industry Resources
Payroll Tips for Restaurants
Restaurant payroll is ruled by complex laws for employee wages and tips.
Meet our Hospitality Team
This Meet the Team video is our chance to introduce you to the talented, experienced, and fun people who work at Smith Schafer!
Succession Planning for Family-Owned Hospitality Businesses: 5 Questions to Ask Yourself
Baby boomers privately-own more than 12 million businesses in the U.S., with many of the owners approaching their mid-70s, according to California Association of Business Brokers.