Law Firms

Instead of using your time to try to manage all of the departments within your business, lean on our expertise to help fill in the gaps.

Accounting for Minnesota Law Firms.

Smith Schafer has provided consulting to firm partners in a variety of law firm sizes around the region for more than 45 years. Some clients have less than 10 professionals, while others have several offices around the country with hundreds of attorneys and staff. The common denominator with all our law firm clients is the goal of maximizing returns to the firm and supporting the financial needs of the firm’s partners.

Our Industry Expert Group, comprised of numerous professionals, is committed to serving over 350 Minnesota Professional Service Firms.

Specialized Law 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

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Our client satisfaction is exceptional, as demonstrated by our 95% satisfaction rate.

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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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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