New orders up 2% in January 2018 according to our latest Furniture Insights. With April Market on the horizon, overall consumer confidence remains quite favorable and indicates further strong growth in the months ahead. Higher consumer confidence may not have a direct correlation on higher consumer spending, however, especially given recent volatility in the stock market.
At the 2018 NAIOP NC Annual Conference, Smith Leonard Assurance and Advisory Partner James Mitchell was recognized as the 2018 Member of the Year for the Piedmont Triad.
“What goes up, must come down.” That familiar refrain echoes in the back of economists’ mind every time the Dow soars to new record-breaking heights, a quasi-regular occurrence last year. After more than 70 record closes in 2017, the markets fell in early February and major indices posted their worst weekly declines in more than two years. REITs declined in tandem, with the FTSE Nareit All Equity REITs Index hitting its lowest level in 14 months.
Given the employees at Smith Leonard have received multiple calls this week from IRS scammers, we wanted to be sure our clients and community friends are aware of the prevalence of these types of scams and what red flags exist within these types of calls or emails. Commonly, these individuals are reaching out with threats of jail time and arrest warrants if money or information is not immediately provided. Read our article for tips on how to protect yourself.
Our very own audit partner James Mitchell is featured in this year’s group of Dancing with the High Point Stars. Join our team on February 24 as we support the wonderful cause of Communities in Schools of High Point and cheer on James and and his fellow dancers! Tickets can be purchased here.
The latest edition of BDO’s Real Estate and Construction Newsletter features key topics including how WeWork’s jump into retail impacts REITs, key energy incentives you may be missing, a look at compensation trends, a revenue recognition call to action for contractors, and a current economic snapshot.
Smith Leonard PLLC has announced the election of Jennifer Casper as its newest Partner/Member. Jennifer’s appointment coincides with her 8th year at Smith Leonard. She has over 20 years of public accounting experience and has spent her career serving both privately-held and public companies.
How will the new tax legislation impact the manufacturing industry? With most of the Tax Cuts and Jobs Act provisions taking effect in the new year, review this quick reference guide that highlights the most relevant changes for manufacturers.