SME CPA BLOG

Owning an online business can be fun and very profitable. The expansive nature of the internet can mean more sales, and reaching more potential buyers than a local business. It can also be more convenient for you and your customers. If you own an e-commerce business or are thinking about doing so, there is quite…

The New Year is guaranteed to bring one thing… tax season. For most accounting firms, tax season means coffee is always brewing and work hours are extended to make sure you meet the deadline. We know the process can seem daunting but it doesn’t have to be. For that reason we’ve put together a quick…

My office phone rang. It was a referral from a friend. Through tears, the lady in her sixties, explained that her husband had passed away just weeks before. He had always paid the bills, handled the taxes, met with the investment broker and now she was left not knowing what they owned and if she…

There are Changes to the New Overtime Rule. On September 24, 2019, the Department of Labor announced the new overtime rule which goes into effect January 1, 2020. This will be the first time in 15 years that the salary cutoff has been increased and we can probably expect more in the future. Currently, the…

Serving on the board for a non-profit close to your heart is one of the best ways to get deeply involved and make a difference. However, there is a lot of responsibility that comes with being on the board. Legal, ethical, and moral obligations come into play when you are part of the decision-making process…

Why Do Younger Generations Need an Accountant? Many young people automatically defer the idea of needing a personal accountant because they assume that all they do is give a tax return. Accounting is about much more than taxes… it’s about planning for your future alongside someone who cares about your financials. Buying a house, budgeting,…