Good accounting systems and practices are important tools for managing any construction business
Construction Company Accounting Procedures – What You Need to Know
read more
Accounting
What’s New for 1099 Reporting
ectronic Filing of Returns
There are new proposed regulations to reduce the threshold for electronic filing requirements in the Taxpayer First Act of 2019.
Impact of New Lease Accounting Rules on Construction Companies
The new lease accounting rules will have a big impact on the financial statements of construction companies leasing property, equipment, vehicles and other fixed assets.
Employee Retention Credit FAQs
The employee retention credit (ERC) was first introduced with the CARES Act in 2020, and subsequent tax bills have made the credit more widely available to businesses.
4 Tips for Business Recordkeeping
Recordkeeping is one of your most important responsibilities as a business owner, and success depends on creating and maintaining an effective system. Recordkeeping systems range from simple folder filing to complex online electronic software.
Financial Statement Concerns for Manufacturing Companies
Good accounting practices are an important tool for managing a manufacturing business. Given the industry's uncertainty, it is crucial to fine-tune financial statements for users of them to review reliable information. We have provided a guide below highlighting...
SEND US A MESSAGE
We appreciate your interest in Smith Schafer and would love to hear from you.So please complete this form or feel free to email us directly at: [email protected]