Good accounting systems and practices are important tools for managing any construction business
Construction Company Accounting Procedures – What You Need to Know
read more
Smith Schafer
How to Report a New Hire
Have you recently hired a new employee? Did you know you need to report the new hire with the State of Minnesota?
Minnesota Sales & Use Tax Law Changes for 2021-2022
Sales and use taxes can be the most complicated tax obligations for many businesses. Generally, local sales tax should be charged to customers on all sales made in a local taxing area unless the customer provides an exemption certificate.
5 Common Succession Planning Problems
Succession is inevitable in a business. When the time comes to start thinking about retiring and/or transferring ownership, it is essential to understand common issues related to the process.
Understanding Sales Tax for Construction Industry Businesses
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 tax consequence.
Business Valuation Approaches As Easy As 1-2-3
The three approaches appraisers use to value a business are essentially a matter of common sense. You start with the balance sheet and adjust the book values of assets and liabilities to their market values.