SME CPA BLOG

Construction businesses deal with a particular set of financial challenges, often beyond their own control. Smart companies must learn how to evade pitfalls like poor job estimation, while best managing unavoidable situations like inflation and change orders. A keen eye out for the most common stumbling blocks in accounting for construction will keep your company…

As a business owner, it’s important to understand how capital expenses and their subsequent depreciation can affect your business. Both capital expenses and depreciation are tax deductible, which can save you money come tax time. However, it’s important to know the difference between the two and how they can affect your business. What are Capital…