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C Corporations – Tax Reform Affecting Tax Planning
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 for Family-Owned Hospitality Businesses: 5 Questions to Ask Yourself
Baby boomers privately-own more than 12 million businesses in the U.S., with many of the owners approaching their mid-70s, according to California Association of Business Brokers.
Benchmarking: Electrical Industry
It is estimated, over 211,000 electrical companies exist across the nation and over 92% of those have less than 10 employees.
Succession Planning Requires Smart Strategies
Succession planning is important in any business, but it is sometimes overlooked in family-owned operations.
Smith Schafer Named Top 300 Accounting Firm
Smith Schafer is proud to announce it has been named a Top Accounting Firm in the IPA 300, by INSIDE Public Accounting (IPA) for the third year in a row.
Nonprofit Webinar: 2018 Accounting Standard Changes
Smith Schafer Audit Manager, Adam Kellerhals, hosted a live webinar where he discussed the liquidity requirement in the new accounting standard as it relates to nonprofit organizations.