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

Named Top Workplace in Minnesota

6/26/2017

Smith Schafer, a Minnesota-based public accounting and business consulting firm, has been named one of the Top Workplaces in Minnesota for the second year in a row.

Reclassifying Business Expenses as Constructive Dividends

5/30/2017

To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business.

Green Tax Breaks: Are You Claiming All the Credits You Deserve?

5/23/2017

In recent years, the IRS has offered "green" tax credits to individuals who purchase qualifying residential energy-efficient equipment and certain electric vehicles. Some of these breaks expired at the end of 2016.