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

Minnesota Voluntary Disclosure Program

2/14/2018
Most of the latest news surrounding taxes has focused on the Tax Cuts and Jobs Act of 2017, commonly known as tax reform.

Alternative Minimum Tax Calculations

2/09/2018
The alternative minimum tax (AMT) was enacted back in 1969 to ensure high-income individuals do not take advantage of multiple tax breaks and avoid paying federal tax.

Tax Reform Impact Hospitality Companies

2/06/2018
The tax reform bill signed at the end of last year brought significant changes for many businesses and individuals, including an overall cut in tax rates.