Rochester Tax Compliance
Proactive Tax Strategies.
The business and tax environment has become increasingly complex. Most cannot maintain the expertise necessary to ensure compliance in all tax disciplines. Smith Schafer’s Rochester Team will work closely with you to evaluate your situation and recommend the best approach to tax compliance.
Our Experience
Rochester Tax Compliance Services:
- Corporate Tax Preparation
- S-Corp Tax Preparation
- Partnerships & LLCS
- Estate & Gift Tax Returns
- Sales & Use Tax Reporting
- State & Local Tax
- IRS/State Tax Representation
Smith Schafer’s Rochester office specializes in complex tax returns. You can trust their knowledge and thorough review of your tax situation.
Business Tax Resources
Minnesota Legislature Passes Federal Conformity Bill
In their special session ending on June 30, 2021, the Minnesota legislature passed a federal tax conformity bill. Highlights of the bill are summarized here.
Employee Retention Credit FAQs
The employee retention credit (ERC) was first introduced with the CARES Act in 2020, and subsequent tax bills have made the credit more widely available to businesses.
R & D Tax Credit for Manufacturing Companies
In general, manufacturing companies are great candidates for the various tax credits the Internal Revenue Service (IRS) offers. One of the most popular is the Research and Development (R&D) Tax Credit.