In October 2017, the Internal Revenue Service (IRS) released the 2018 contribution and benefit limits for retirement and other benefit plans types. The IRS recently announced revisions to the Health Savings Account (HSA) contribution limit for...
Many business owners fail to follow the strict tax rules for substantiating vehicle expenses.
Most businesses will receive a big tax cut starting with their 2018 tax years, thanks to the new law enacted on December 22, 2017.
Smith Schafer Senior Tax Manager, Dianna Streed, presented at Red Wing Area Chamber of Commerce’s Lunch & Learn Seminar on December 20, 2017.
Major tax changes are on the way for both individual and business taxpayers.
The IRS has announced the annual gift tax exclusion is increasing next year due to inflation.
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