- AICPA
- MNCPA
NDCPA - Ambassador for the Red Wing Chamber of Commerce
- Member of the Red Wing Kiwanis
How Steve got here
- Bachelor of Science in Business from Montana State University, Bozeman
- Joined the Smith Schafer team in 2005
How Steve approaches work
“Do what we can to meet or exceed client expectations and provide value for our clients.”
Related Service Resources
New Options for Health Reimbursement Arrangements
Most small employers with less than 50 full time employees wanted to offer limited health benefits to their employees, but were restricted by the Affordable Care Act (ACA) to offer certain health reimbursement arrangements (HRAs) not integrated with other employer group coverage. Employers faced significant IRS penalties of $100 per “affected individual,” per day for offering HRAs to cover health insurance costs for the purchase of plans on the individual market.
Pros and Cons of Roth IRAs
Annual contributions to IRAs, including Roth IRAs, are now capped at $5,500 ($6,500 if you’re 50 or older).
Preparing For an Employee Benefit Plan Audit
Each year many companies are required to undergo an employee benefit plan (EBP) audit.