Business Interruption Claims

Partner with an experienced team of CPAs to help you create saving opportunities both now and in the future.

Help with Business Interruption Insurance Claims

Rely on Smith Schafer experts to accurately measure your difficult business interruption losses. We can add credibility to your business interruption insurance claim by calculating income losses using commonly accepted techniques. 

Smith Schafer experts can help with:

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Claim preparation
Loss estimates
Financial impact
Litigation support
Calculations

We have over 45 years of experience assisting businesses effectively manage interruption insurance claims. 

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COVID-19 Resources

IRS Formally Clarifies PPP Expense Position

IRS Formally Clarifies PPP Expense Position

The IRS issued Revenue Ruling 2020-27 on November 18th, formally denying the ability to deduct expenses related to PPP forgiveness. In the ruling, the IRS clarified the deduction for PPP expenditures is denied in the period the expenses were incurred (2020), even if the taxpayer waits until 2021 to apply for forgiveness.

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We are committed to continuing to provide excellent service as we all navigate these unprecedented times. We are grateful for our relationship and encourage you to contact us if you have questions or would like more information.

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Why Clients Choose Us

Have been impressed with the entire operation…whether calling or in person.

 – Tom Illies Insurance Agency

“Greg Epsom is easy to work with and always responds in a helpful manner in a short amount of time and he is very professional and accessible.

 – Ohly Law Office

“Jason Miller and Meha Patel always do a great job!

 – Learning Masters

“Very satisfied with the professionalism and timeliness of the services provided to me.

 – Loucks & Associates