& Real Estate
Industry knowledge and close collaboration are instrumental in providing our construction and real estate clients with the insight and awareness to make the best business decisions and seize growth opportunities.
Minnesota Construction & Real Estate Accounting Experts.
Success in the construction industry requires the ability to
Construction and real estate industry accounting and taxes can be complex. It is essential to work with a CPA firm who has relevant industry experience and education.
Smith Schafer is a recognized leader in providing accounting, auditing and consulting services to the industry. Our Construction & Real Estate Group, comprised of numerous professionals, is committed to serving over 800 Minnesota construction and real estate entities. From large construction companies to specialty contractors, we have the experience to bring you innovative solutions.
specialized construction & real Estate industry SERVICES
Proactive Tax Planning
Audit & Review of Financial Statements
Multistate Tax Consulting
Risk Assessments & Internal Controls Review
Bookkeeping & Payroll
QuickBooks ProAdvisor Services
Mergers & Acquisitions
Buying & Selling Agreements
Budgeting & Cash Flow Analysis
Estate & Succession Planning
Projections & Financial Analysis
Cost Segregation Studies
401(k) & 403 (b) Plan Audits
Retirement Plan Consulting
Insurance Coverage Analysis
Smith Schafer professionals have serviced and made a strong
Why Construction & Real Estate Clients Choose Us
“Good company with smart people!”
– Big Sky Properties
“Smith Schafer has been a long-term partner of our business for 20+ years. Everyone in the firm is reliable and always ready to help when called upon.”
– LP Properties
“Smith Schafer is always there for any questions or concerns. They have our backs!“
– Air-Tech Mechanical of Rochester
“Great people and great service. Hard to beat!“
– Rochester Petroleum Equipment
“Tim Pass – exceptional customer service and thoughtful business perspective.“
– Reimagine Southwest
“It’s all about relationships. Kim Mahanna and Meha Patel always treat me like their best customer. It’s those little things that make the BIG difference in my customer experience. Thank you!“
“Smith Schafer always exceeds our expectations.“
– New Line Mechanical
“As always an excellent experience with Mike Malugani.“
– Hamilton Real Estate
“With their three office locations, Smith Schafer has diverse expertise. They are able to lay out different scenarios. They have the ability to be advisors versus other accountants who just spit out tax returns.“
– Siewert Construction
Tax laws change constantly and business owners do not always have the time to keep up with all the new regulations.
Contact us today to learn tax saving strategies that best fit your situation.
Construction & Real Estate Industry resources
Reading Time: 2 minutes Severe labor shortages amid a nearly fully employed national economy have plagued construction companies across the sector in recent years, limiting the level of construction investment and volume of new projects.
Reading Time: 6 minutes Whether it is dealing with labor shortages, collecting retainage or preparing for the ever-changing regulatory landscape, those in the construction industry never seem to have a lull in the action.
Reading Time: 2 minutes The Internal Revenue Code Section 199A Qualified Business Income (QBI) Deduction allows a deduction equal to 20% of business income for owners of pass-through entities.
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