Our hospitality client base includes hotels, restaurants, bed and breakfasts, golf courses, breweries and wineries.
minnesota hospitality accounting experts.
Specific provisions in the tax law affect the hospitality industry more than others. Are you aware of the tax savings your hospitality business may be eligible for? Smith Schafer is a recognized leader in providing accounting, auditing and consulting services to the hospitality industry since 1971.
Our Hospitality Expert Group helps businesses thrive in an industry known for high turnover, intense competition, tight controls and high costs. We committed to serving over 100 Minnesota hospitality entities. We take great pride in consulting on various industry specific issues, as well as the broader needs of these businesses and their owners.
specialized hospitality industry services
Financial Statement Preparation & Review
Proactive Tax Planning
Multistate Tax Consulting
Quarterly Corporate Reports
State & Local Income/Sales Tax
Risk Assessments & Internal Controls Review
Bookkeeping & Payroll
QuickBooks ProAdvisor Services
Budgeting & Cash Flow Analysis
Buying & Selling
Retirement Plan Consulting
Insurance Coverage Analysis
Benchmarking & Projections
Smith Schafer professionals have serviced and made a strong
We are here to help you.
Contact us today to schedule a consultation about your Hospitality business.
Hospitality Industry Resources
As a general rule, local sales tax should be charged to customers on all sales made in a local taxing area.
Unemployment is at or near a record low. Hospitality business owners are looking for new tools to attract and retain a robust workforce.
The tax reform bill signed at the end of last year brought significant changes for many businesses and individuals, including an overall cut in tax rates.
STAY IN-TUNE WITH CURRENT BUSINESS, INDUSTRY, ACCOUNTING AND TAX NEWS.