Home Sale Taxes Explained: How Tax Basis Impacts What You Pay
With home prices continuing to rise, many homeowners are thinking about the tax implications of selling their property. One critical concept that often gets overlooked…
With home prices continuing to rise, many homeowners are thinking about the tax implications of selling their property. One critical concept that often gets overlooked…
ELE: An Adaptable Approach to the CPA Journey The path to becoming a Certified Public Accountant (CPA) is known for its rigor, requiring a mix…
Smith Patrick congratulates Sarah Bantz, CPA, on her election as Treasurer of We Are JAINE®, an organization dedicated to supporting women in the cannabis industry….
Best Accountant Shares Essential Tips for Entrepreneurs I was honored to recently be named one of the Best Accountants by St. Louis Small Business Monthly….
As the year-end draws closer, U.S. businesses face a significant new compliance requirement: Beneficial Ownership Information (BOI) reporting. This new federal mandate stems from the…
With holiday season just around the corner, while most of us are busy trying to maximize deals on Black Friday, scammers are busy trying to…
Smith Patrick’s Debra Annis Honored by St. Louis Small Business Monthly in the 2024 Best Accountants List Debra J. Annis, CPA, has once again earned…
Missouri’s marijuana tax system is making headlines for its consumer-friendly structure. In an article published on MoCannTrade.org, the website of the Missouri Cannabis Trade Association,…
You can’t predict when disaster will strike, but you can prepare for it. With a focus on National Preparedness Month, the IRS knows that when…
At Smith Patrick, we know that a strong team isn’t just built through meetings and deadlines. Sometimes, the best way to bond is by stepping…
At Smith Patrick CPAs, we’re not just looking for another accountant—we’re looking for you. Located in the heart of Webster Groves, a charming slice of…
If you’ve decided to close a business, it’s important to take care of your Federal tax obligations. Company owners can mistakenly think that because the…
Historic Shift in Federal Policy After over fifty years of federal prohibition, the Drug Enforcement Administration’s (DEA) proposal to reclassify marijuana from Schedule I to…
Big news in the accounting world… The CPA exam is getting a major facelift in 2024, and it’s shaping up to be quite the game-changer….
Are you navigating the complexities of the cannabis industry, striving to make your mark while managing the intricate financial challenges that come with it? If…
Smith Patrick CPAs finds itself once again among the city’s largest accounting firms as ranked by the St. Louis Business Journal. Being named to the…
St. Louis, MO — Smith Patrick CPAs, an CPA firm known for its personal focus in accounting, wealth management, tax reporting and management consulting services,…
Are you exploring ways to optimize your family’s tax situation? Transferring assets to your children might seem like a straightforward strategy for tax savings, but…
As we approach the end of the year, it’s crucial to focus on tax planning to ensure financial efficiency and compliance. This article explores essential…
Navigating the ever-expanding cannabis industry can be as exhilarating as it is challenging. Whether you’re just stepping into this world as a new licensee or…
The cannabis industry in Missouri is growing rapidly, but cannabis businesses face a number of challenges, including accessing banking services. This is because marijuana is…
Embarking on the journey of starting a new business is both exciting and daunting. While you might be enthusiastic about your product or service, the…
Picture this: you’re at a restaurant, discussing a potential deal with a client, celebrating a milestone with your team, or maybe even strategizing with a…
Sarah Bantz, CPA, Shares Cannabis Accounting Expertise The leading cannabis expo, Lucky Leaf, is coming to Missouri on Oct. 6-7, 2023. Smith Patrick’s Sarah Bantz,…