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
Accounting Basics for the Professional Services Industry
Accounting can be complicated and is a crucial component of a firm’s operations, regardless of its size. Many growing professional service firms struggle to create well-tuned accounting processes, especially as systems need to change to support increased activity.
5 Retirement Plan Changes in 2020
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law in December 2019 and outlined several changes to how retirement plans are required to operate. This article will discuss some of the significant provisions of this legislation.
IRS Formally Clarifies PPP Expense Position
The IRS issued Revenue Ruling 2020-27 on November 18th, formally denying the ability to deduct expenses related to PPP forgiveness. In the ruling, the IRS clarified the deduction for PPP expenditures is denied in the period the expenses were incurred (2020), even if the taxpayer waits until 2021 to apply for forgiveness.
