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
IRS Increases Annual Gift Tax Exclusion for 2018
The IRS has announced the annual gift tax exclusion is increasing next year due to inflation.
Year-End Planning: Business Tax
IRC Section 179 permits “expensing,” or first-year tax deduction, of outlays for business equipment that otherwise would be recovered through depreciation over many years.
Impact of the Proposed Partnership Audit Regime
The IRS recently released new proposed regulations designed to significantly change the rule under which an audit of a partnership can occur.