Financial Services Companies
Accounting for Minnesota Financial Services Companies.
The aging population and rising investor uncertainty will boost demand for financial industry services, but these companies operate in a heavily regulated environment that is experiencing unprecedented change.
Smith Schafer has provided expert advice and consulting to financial services companies for more than 45 years. Our Industry Expert Group is committed to serving over 350 Minnesota Professional Service Firms.
Customized Solutions for Financial Services Companies
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
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PROFESSIONAL SERVICE FIRM INDUSTRY RESOURCES
Accounting can be complicated and is a crucial component of a firm’s operations, regardless of its size. Many growing professional service firms struggle to create well-tuned accounting processes, especially as systems need to change to support increased activity.
COVID-19 has presented various challenges for professional services firms in 2020, unlike anyone could have foreseen. We understand the professional services industry since we are part of it ourselves.
The Research and Development (R&D) Tax Credit is one of the best opportunities for businesses to reduce their tax liabilities, improve cash flow, and increase earnings-per-share. This tax credit was initially enacted in 1981 to incentivize companies to increase their investment in developing new or improved products or processes.
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