Author: shayame@sw-cpa.com

Logistical analysis and multi-state tax advisory leads to business growth for pool industry company.   Universal White Cement (Universal) was started 1995 by Randy Liljenquist and several partners with cement additives they developed for the pool industry, Universal Blended White Cement™. Since then, Universal has developed a...

Businesses that acquire, construct or perform capital improvements to buildings could find additional deduction benefits through a cost segregation study. It is a strategic tool to accelerate depreciation expense. Combining tax accounting and engineering techniques allows the acceleration of certain depreciation costs, therefore reducing tax...

Multi-Phase Business Growth and Asset Sale Leads to New Entity Consulting   Robert Davies, Managing Director of Ferrin-Tech, LLC, has worked with Schmidt Westergard on a variety of tax, audit, compliance and business transactional needs since about 2011.  With more than 30 years of executive and financial leadership...

IRS Guidance Issued Regarding Meals and Entertainment Deductions   The IRS has issued some much-anticipated guidance on Section 274, which was significantly impacted by of the Tax Cuts and Jobs Act of 2017 (Tax Act), addressing meals and entertainment deductions. Significant tax law changes are affecting which...