Technology Consulting
Technology is critical to the success of your business.
What does your technology do for you?
The available options can be overwhelming. Researching what might be best for your organization could turn into a full-time job.
At Smith Schafer, we have a team of specialists to help you cut costs, increase your access to information and improve your decision-making abilities through the intelligent use of technology.
Our Technology Consulting Services:
- Strategic technology review, planning, and budgeting
- Business process development and documentation
- Software selection and implementation (e.g. Peachtree, QuickBooks, MAS90)
- Technology coaching and executive education
We know your industry:
Technology resources
Revenue Recognition: 5 Items Affecting the Construction Industry
The main goal of ASC 606 was to create a similar revenue recognition policy and calculation across all industries. The construction industry, which has historically had its own guidance and industry practices, is no exception.
How the Work Opportunity Tax Credit Can Benefit Your Business
Business owners are facing operational and financial challenges, including those related to recruiting and employee retention. As of March 2022, the Employment Cost Index for total compensation in the Midwest rose by 5.1% compared to March 2021.
Relief for Employee Retention Tax Credit Penalties
The Employee Retention Tax Credit (ERTC) helped employers bolster cash flow and avoided layoffs during the most uncertain periods of COVID. The confluence of state issued forced business closures and stay at home orders created adverse conditions for many Minnesota companies. The program provided a desperately needed capital infusion to struggling businesses.