Engineering Firms

Complexity solved. We simplify the conversation.

Smith Schafer has been committed to helping Engineering firms for over 45 years.

Our Minnesota engineering clients are looking to maximize profits, improve cash flow and build a firm with high value to support eventual sale or succession.

Smith Schafer will help you navigate the changes in tax law and provide proactive advice so you can focus on your business.

Our Engineering Expert Group, comprised of numerous professionals, is committed to serving Minnesota engineering entities.

Specialized Engineering Firm CPA Services:

Accounting Services

Tax Planning

Mergers & Acquisitions

Succession Planning

Cash Flow Management

Audit & Review of Financial Statements

Accounting Software Consulting

401(k) and 403(b) Plan Audits

Bookkeeping & Payroll

Business Valuation

Projections & Financial Analysis

Technology Consulting

We are Ready to Help!

Professional Service Firm Industry Resources

Payroll Tax Credits & PPP Loan Guidance

Payroll Tax Credits & PPP Loan Guidance

Reading Time: 4 minutes In the last three weeks, two major pieces of stimulus legislation have been signed into law. Both acts provide opportunities for small businesses, but also require additional tracking for proper reporting.

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Federal and Minnesota Tax Deadlines Extended

Federal and Minnesota Tax Deadlines Extended

Reading Time: < 1 minute Treasury Secretary Mnuchin announced on Friday, March 20th that the federal tax deadline will be extended until July 15th, 2020 and Minnesota Governor Walz announced that the State of Minnesota will follow suit with income tax filings and income tax payments due July 15th.

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Tax Implications Related to COVID-19

Tax Implications Related to COVID-19

Reading Time: 3 minutes 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.

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Why Professional Service Clients Choose Us

Have been impressed with the entire operation…whether calling or in person.

 – Tom Illies Insurance Agency

“Greg Epsom is easy to work with and always responds in a helpful manner in a short amount of time and he is very professional and accessible.

 – Ohly Law Office

“Jason Miller and Meha Patel always do a great job!

 – Learning Masters

“Very satisfied with the professionalism and timeliness of the services provided to me.

 – Loucks & Associates