In the recent landmark South Dakota v. Wayfair, Inc. case, the U.S. Supreme Court struck down the physical presence nexus standard established in the 1992 decision Quill Corp. v. North Dakota.
Smith Schafer tax professionals, John Edson, Brad Berlin, Jill McKernon and Kyle Spicer presented a free educational tax reform seminar at the Golden Valley Country Club.
One of the biggest changes under the Tax Cuts and Jobs Act (TCJA) is the permanent installation of a flat 21% federal income tax rate for C corporations for tax years beginning after 2017.
Succession planning is important in any business, but it is sometimes overlooked in family-owned operations.
Smith Schafer Principal, John Edson, presented a free educational seminar titled Valuations for Gifts & Estates at the Rochester Golf & Country Club.
The Tax Cuts and Jobs Act makes sweeping changes.