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
Richard Smith and Orlin Larson co-founded Smith Larson and Co. in Rochester, Minn in 1971. We have over 45 years of experience helping businesses, in numerous industries, effectively minimize tax liability. Our Rochester office professionals can help you reduce your taxes, over both the short and the long term. Our extensive knowledge of tax laws enable us to create proactive solutions, maximizing your tax savings and supporting overall financial goals.
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
Tax Law Changes Meal and Entertainment Deductions
Once upon a time, taxpayers could generally deduct 50% of business-related meal and entertainment expenses.
How Does Self-employment Tax Work
Every day, individuals transition from working for an employer to being self-employed.
Vehicle Expense Deductions – Follow Detailed Recordkeeping Rules
Many business owners fail to follow the strict tax rules for substantiating vehicle expenses.