Smith Schafer & Associates is a "Minnesota Top 25" accounting and business consulting firm offering a thoughtful advisory relationship to business and individual clients.

Recent Posts

Mandatory Timely Remittances to Qualified Retirement Plans

8/15/2017

The Department of Labor (DOL) requires employee remittances to qualified plans to be made as soon as administratively feasible.

Ways to Combat Business Identity Theft

8/09/2017

The IRS and state tax authorities have made significant strides in curbing individual identity theft over the last two years.

Maximize Write-Offs for Business Interest Expense

8/04/2017

When you take out personal loans to buy a business, you want to maximize the tax write-offs for the resulting interest expense. The tax law in this area is tricky.