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Year-End Planning: Business Tax
IRC Section 179 permits “expensing,” or first-year tax deduction, of outlays for business equipment that otherwise would be recovered through depreciation over many years.
Impact of the Proposed Partnership Audit Regime
The IRS recently released new proposed regulations designed to significantly change the rule under which an audit of a partnership can occur.
Nonprofit Industry: Audit Guide
Is your nonprofit organization required to have a financial statement audit in the current fiscal year?
Construction Employment Trends Revealed in Survey
The right people, in the right position can make the difference between a high growth and stagnant company.
Smith Schafer Promotes Greg Epsom to Principal
Smith Schafer & Associates, Ltd., is proud to announce the promotion of Greg Epsom, CPA to Principal effective October 1, 2017.
Are You Aware of the Minnesota Sales Tax Changes Effective October 1st?
There are upcoming changes to the Transit Improvement Area Sales and Use Tax, as well as rate changes for other jurisdictions.