Preventing Accounting Errors IN your business Avoid financial missteps and strengthen your business foundation with smarter accounting practices. Running a small business requires wearing many hats from managing operations and leading a team to handling customer...
While this law is specific to Minnesota, it may still affect employers who have remote workers or branches in the state a complex but increasingly common scenario in today’s hybrid and remote workforce.
In this installment on the upcoming MN Paid Family and Medical Leave Act, which goes into effect in January 2026, we’d like to discuss the small business assistance option in the law.
Minnesota’s Paid Family & Medical Leave (PFML) program is bringing significant changes for employers and employees alike. At Smith Schafer, we are committed to helping Minnesota businesses stay informed and prepared. This article is part of our ongoing series on...
The One Big Beautiful Bill Act (OBBBA) introduces three major changes to charitable contribution deductions beginning with the 2026 tax year. Taxpayers should be aware of these updates as they plan future giving strategies.
One of the most important decisions when starting a business is choosing the right legal structure. Your choice will affect how you run your business, engage in transactions, protect yourself from liability, and manage taxes.