The CARES Act contains a number of provisions impacting businesses. The chart below is meant to highlight the tax modifications and provide some potential planning ideas.
Please do not hesitate to reach out to us with questions or concerns you have about taxes or your financial situation.We are happy to help you during this challenging time.
On July 4, 2025, President Trump signed into law the bill knowns as the “One Big Beautiful Bill Act” (OBBBA). This legislation has significant tax consequences, many of which are effective for 2025. Key takeaways from the bill include: Extending and/or making...
This article marks the beginning of Smith Schafer’s informative series on Minnesota’s new Paid Leave Law, which takes effect January 1, 2026. The purpose of MN Paid Leave is to provide short-term assistance for family and medical leave; it will be paid directly by...
Once more, the season has arrived for businesses to strategize and organize their tax filing and payment strategies.