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August 14, 2025/Business Planning

QuickBooks Online Updates Coming October 1

Here’s what’s changing and how it impacts you. QuickBooks Online (QBO) is getting an upgrade this fall with a new look, smarter tools, and AI-powered features, but the fundamentals you already know and rely on aren’t changing. The most immediate updates you’ll notice are in Bank Feeds, where many of you spend the most time. […]

August 6, 2025/Staff Spotlights

Staff Spotlights – Intern Edition

This summer, we were lucky to have three talented interns join the Smith Leonard team, bringing fresh perspectives and plenty of energy. Kevin Brown, who interned with our Assurance team, joined us after graduating from NC State this past spring; Madison Hudgins gained hands-on experience with our Business Services Group while pursuing her degree at […]

August 5, 2025/Furniture Insights

July 2025 Furniture Insights®

The general outlook for the remainder of the year has deteriorated due to concerns about future business conditions, jobs, and the political environment. Read more in our latest Furniture Insights®.

Breaking Down R&D Deductions in the One Big Beautiful Bill: What Businesses Need to Know

On July 4th President Trump signed the reconciliation tax bill into law that had been passed earlier in the week by the House and Senate. One of the more significant components of the bill for businesses is the permanent restoration of immediate deductibility for domestic research and development costs effective for tax years beginning after […]

What you need to know about the upcoming IRS E-Payment Mandate

Prepared by SL’s Tax Partners On March 25, 2025, President Trump signed the Modernizing Payments To and From America’s Bank Account Executive Order.  Its goal is to phase out all paper-based federal payments and receipts—including tax refunds, payments, Social Security benefits, vendor payments, and lockbox receipts—in favor of electronic funds transfers (EFT) such as direct […]

What you need to know about the Big Beautiful Bill

Prepared by SL’s Tax Partners With expiration of most of the individual tax provisions included in the 2017 tax law commonly known as The Tax Cuts and Jobs Act passed during President Trump’s first term slated to sunset at the end of 2025, as well as unpopular provisions such as a requirement to capitalize research […]

July 2, 2025/Furniture Insights

June 2025 Furniture Insights®

The general outlook for the remainder of the year has deteriorated due to concerns about future business conditions, jobs, and the political environment. Read more in our latest Furniture Insights®.

June 11, 2025/Staff Spotlights

June Employee Spotlight

This month’s employee spotlight features Lexi Haggard, Tax and Client Accounting Services Supervisor. Lexi plays a key role in supporting our clients’ financial goals while also mentoring team members and streamlining internal processes. Her positive attitude and commitment make her a valued leader on our team. Read on to learn more about Lexi:  What’s your […]

May 30, 2025/Furniture Insights

May 2025 Furniture Insights®

The general outlook for the remainder of the year has deteriorated due to concerns about future business conditions, jobs, and the political environment. Read more in our latest Furniture Insights®.

May 14, 2025/Staff Spotlights

May Employee Spotlight

 This month’s employee spotlight features Jarrett Hodges, Assurance Associate, who brings precision, dedication, and a sharp eye for detail to his work every day. Read on to learn more about Jarrett:  What are your hobbies and interests? Most of my hobbies include outdoor activities such as golfing, live events (concerts or sporting events), and grilling. […]

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