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We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. In addition to the summary of IRS…
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Families First Coronavirus Response Act.

As the novel coronavirus (COVID-19) continues to sweep the nation, the “Families First Coronavirus Response Act” (the Act) was approved by Congress and signed into law by the President on March 18, 2020 in an attempt to intended to ease the economic consequences stemming from the novel coronavirus disease (COVID-19) outbreak by providing family and…
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How to handle the Georgia Department of Labor’s partial claims process

On March 18th Governor Brian P. Kemp and the Georgia Department of Labor (GDOL) addressed an increase in the number of partial claims filed as a result of businesses reducing work hours or temporarily closing their doors in light of recent developments regarding COVID-19. The GDOL is mandating that GA employers file partial claims online…
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IRS grants postponing tax payment deadlines.

On March 20th Treasury Secretary Steve Mnuchin announced that federal filing and payments for taxes have been extended to July 15th. It is expected that state departments of revenue will follow the Feds by extending the April 15th tax filing deadline; but, at present, this action has not been taken. Remember that this only applies to your federal…
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Important message from our managing partner about COVID-19

Dear Clients: Many of you have reached out to us regarding SME’s operations in light of the COVID-19 concerns.  In an effort to safeguard our staff and our community, our offices will remain open to focus on meeting our clients’ needs while working to reduce the amount of in-person interaction as advised by the Centers…
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Can I Handle My Accounting Myself?

You may think that you can handle your accounting yourself, and for certain things, you sure can. But when it comes to those tasks that are more complex and it can take a big portion of your time (such as taxes), handling your accounting yourself may not be the best idea. You should consider that…
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