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Time to Start Planning for the New Tax Law

Kem Smith
Mike Switzer/SC Public Radio

The new tax law may have many ramifications for your 2018 taxes.  So as you and/or your tax preparer are working on your 2017 tax return, our next guest says there are some things in the new law that you should be discussing now.

Mike Switzer interviews Kem Smith, a certified public accountant practicing in Blythewood, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.