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SME CPA BLOG

Navigating Disaster Assistance and Relief Funding

October 29, 2024

In the wake of Hurricane Helene, our hearts go out to everyone in the Augusta community navigating the aftermath of this devastating storm. At SME CPAs, we want to extend our support and provide clear guidance on the relief funding and disaster assistance available to you, as well as potential tax implications. We understand how…

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Understanding Beneficial Ownership Information: Navigating New Reporting Requirements

October 15, 2024

As of 12/26/2024, the BOI Reporting Deadline has been temporarily suspended. More info on changing regulations can be found here: https://fincen.gov/boi The clock is ticking for over 32 million businesses as they prepare to meet the Beneficial Ownership Information (BOI) reporting requirements. These regulations, introduced by the Corporate Transparency Act (CTA), are designed to prevent financial…

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