SME CPA BLOG

Learn how to interpret income statements, balance sheets, and cash flow statements to gauge your company's financial health effectively.

Learn about the significance of financial statements for your business. Discover how these documents offer insights into financial health.

Learn about tax liability for new business owners and discover the tax implications of different business structures. Get insights to manage your tax responsibilities effectively and minimize your tax liability.

As the sun shines bright and the days get longer, many of us are getting ready for a fun summer ahead. Just a heads up – some of the summer activities we enjoy can affect our taxes next year. Whether you’re tying the knot, sending the kids to camp, working a summer job, renting out…

According to the Small Business Administration, only about half of startups survive their first five years — and one reason why is a lack of a financial strategy. A Chief Financial Officer (CFO) plays a crucial role in overseeing a company’s finances and making strategic decisions that drive growth and success. But how do you…

When it comes to managing your finances as a business owner or investor, understanding and leveraging tax-advantaged strategies can be a game-changer. As we approach this year’s tax season, we’re diving into tax-advantaged strategies to shed light on their importance, benefits, and practical applications. At SME, we know how crucial tax strategies are in shaping…