Rochester Tax Planning
At Smith Schafer’s Rochester office, we work with business owners to create a tax plan so you can achieve your financial goals.
There is a lot at stake when it comes to tax.
Our Rochester office experts can evaluate your situation, and recommend the best approach to lower tax liability, maximize savings from allowable deductions and take advantage of available tax credits so you can focus on growing your business.
Our Experience
Smith Schafer was founded in Rochester, MN, in 1971. We have over 50 years of tax expertise, and our experts can help you take advantage of the many tax-saving opportunities available. Our recommendations consider your short-term burdens and long-term goals and are designed to enhance your business profitability.
Business Tax Services:
We provide comprehensive services that guide clients through the tax planning process.
- Business Tax Filing & Compliance
- Tax Planning & Projections
- Tax Credit Analysis & Preparation
- Cost Segregation Studies
- Corporate Structuring & Restructuring
- Choice of Entity Planning
- Estate Planning
- IRS/State Tax Representation
- Merger & Acquisition
- State & Local Tax – Nexus Studies
Our Rochester professionals can provide effective tax strategies, coordinated and executed based on your unique situation.
Business Tax Resources
Tax Implications Related to COVID-19
There are several federal and state tax law changes related to the Coronavirus/COVID-19 and there are new developments seemingly every day. Three recent changes, that may affect your tax situation, are explained in this article.
Sales Tax: What is Nexus?
Are you worried about multi-state tax compliance? Business owners should carefully consider sales and use tax nexus issues.
5 Tips For Avoiding Tax-Related Identity Theft
According to the IRS, in 2017, 597,000 tax returns were confirmed identity theft. All taxpayers should ensure they are doing everything they can to prevent a thief from stealing their identity.