Business Travel Deductions: What You Can and Can’t Write Off
Traveling for business? Don’t leave money on the table. Understanding the current rules for deducting out-of-town business expenses is key to making the most of…
Traveling for business? Don’t leave money on the table. Understanding the current rules for deducting out-of-town business expenses is key to making the most of…
Parents and guardians, are you maximizing the benefits provided by recent legislative updates? Whether you are welcoming a new addition through adoption or supporting growing…
Most business owners have a sense of what their company is worth. They understand their revenue trends, margins, growth, and market position. That perspective is…
Smith Patrick CPAs has been recognized by the St. Louis Business Journal as one of the region’s largest accounting firms in its 2026 rankings. The…
When the St. Louis Business Journal recently examined several trends shaping the accounting industry, it turned to Smith Patrick CPAs Managing Partner David Smith for…
If tax law had seasons, 2025 would be the calm stretch before the forecast changes. But several of the rules that have shaped returns for…
In the ever-evolving landscape of the Missouri cannabis industry, staying ahead of tax regulations is as vital as the harvest itself. Sarah Bantz, CPA, head…
Receiving unexpected contact about your taxes can feel unsettling, especially when scammers are becoming more convincing every year. Emails, texts, and phone calls claiming to…
When a disaster strikes—whether it’s a wildfire, hurricane, flood, or something no one saw coming—most people respond with generosity. Communities pull together, strangers help strangers,…
Planning a business trip abroad in 2026? Great news: you can explore new markets, meet global partners, and deduct a good chunk of your travel…
Paying for disability-related expenses often involves long-term planning, especially when public benefits are part of the picture. Achieving a Better Life Experience accounts, commonly known…
As 2025 winds down and everyone starts googling “Is it time for holiday lights?,” there’s one other thing worth turning on: your tax planning brain….
The first year after a divorce comes with plenty of adjustments, from scheduling holidays to figuring out which documents still have both names on them….
Buying a home comes with plenty of decisions: paint colors, repairs, figuring out where the mysteriously slow Wi-Fi signal disappears. But as 2025 wraps up…
With the new year around the corner, it is a good time to revisit the rules around business meals. You cannot claim every sandwich or…
At Smith Patrick CPAs, our team is the foundation of the service we provide, and we’re excited to introduce Anastasiya Ellebrecht, a CPA who has…
Selling property or a business? Here’s a strategy that might keep both you and your buyer smiling: the installment sale. Instead of demanding one giant…
The expat dream is real: morning cappuccinos in Rome, weekend getaways to Barcelona, maybe even learning to surf in Bali. But here’s the plot twist:…
You’ve filed your taxes (or filed an extension)—and you’re ready to forget about it for another year. But a little bit of organization now can…
Graduation season is here, and if you’re wondering whether it’s okay to tuck a little cash into that card: yes, it is. Money is the…
You did it—diploma in hand, dreams ahead, and a student loan balance that might rival the GDP of a small country. Welcome to post-grad life,…
Bad advice travels fast—especially online. In the second article of our IRS Dirty Dozen series, we break down how viral tax myths can land you…
Ah, tax season. That magical time of year when the IRS might just send you a check for overpaying them all year long. It’s like…
Email Phishing Scams: Don’t Take the Bait Every year, the IRS releases its Dirty Dozen list—a roundup of the top 12 scams targeting taxpayers, and…