Tax Planning Guide
ARE YOU CONFIDENT YOU ARE DOING EVERYTHING TO MINIMIZE TAXES FOR YOUR BUSINESS?
If not, it may be time to work with an experienced CPA and review your current situation. Planning is the key to successfully understanding and minimizing your tax liability. This Tax Planning Guide provides tips to help minimize your business tax liability, summarizes complex tax regulations, identifies common business deductions, and much more!
Explore Tax Insights
Book and Tax Depreciation Presentation
Our Smith Schafer Principal, John Edson, spoke at BankCherokee’s North Oaks Branch location this week to discuss the topic of Book Vs. Tax Depreciation.
New Limit on Deductions for Business Interest Expense
The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest expense.
South Dakota v. Wayfair: Online Sales Tax Decision
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.