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

5 Ways the New Lease Accounting Rules will Impact Transportation Companies

7/12/2018
The new lease accounting rules will have a significant impact on the financial statements of transportation companies leasing real property, equipment, vehicles and other fixed assets.

Tax Issues When Planning for Your Business in 2018

7/09/2018
The Tax Cuts and Jobs Act makes sweeping changes. But some of the new provisions won't necessarily be relevant to your situation.

Sales Tax Implications for the Construction Contractors

6/27/2018
Success in the construction industry requires the ability to cost effectively create a building envelope, structure or support system and virtually every financial decision regarding your construction company, has a t