The CARES Act contains a number of provisions impacting businesses. The chart below is meant to highlight the tax modifications and provide some potential planning ideas.
Please do not hesitate to reach out to us with questions or concerns you have about taxes or your financial situation.We are happy to help you during this challenging time.
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.