CATEGORIES
SME CPA BLOG
ARCHIVE
CSRA business owners: Get your books ready for an SBA loan. Learn the required financial documents, DSCR benchmarks, and what lenders need to see to say yes.
Read More
Five small business financial metrics every owner should review monthly. Learn what they mean and how a fractional CFO interprets them.
Read More
The IRS doesn’t publish a reasonable compensation formula for S corp owners, but they do audit for it. Here’s how CSRA business owners can set a defensible salary.
Read More
Wondering how to claim a home office on your taxes? Learn how with our guide to eligibility, calculation, and smart tax strategies.
Read More
The 2026 SALT cap increased to $40,000, but high earners face a hidden trap. Learn why the Georgia PTET election could still be your best tax strategy.
Read More
Quick Summary Crossing State Lines: Buying supplies in one state and using them in another triggers a use tax. The Register Is Not the End: Paying sales tax at the checkout counter rarely settles your tax bill. You owe taxes based on the state where the materials are actually installed. The Audit Trap: If South…
Read More
Key Takeaways: Medical Equipment Tax Strategy 2026 100% Bonus is Back: OBBBA (July 2025) permanently reinstated 100% Bonus Depreciation for assets purchased after Jan 19, 2025. The “Georgia Gap”: Georgia generally rejects Federal Bonus Depreciation (requiring a tax “add-back”) but accepts Section 179. For many local practices, Section 179 may be the superior tool to…
Read More
As a business owner, you’re used to wearing many hats. From marketing to operations, you do it all to keep your company moving forward. One of those hats is often that of the bookkeeper. While managing your own books might seem like a smart way to save money, it can carry hidden costs that affect…
Read More
Every business owner wants to minimize their tax liability, but even the most diligent among us can miss out on valuable deductions. While you probably have the big deductions like employee compensation and rent under control, it’s easy to overlook smaller expenses that could save you money. These commonly missed tax deductions might seem minor,…
Read More
Deciding to sell your business is a huge step, often marking the culmination of years of hard work and dedication. But before you can hand over the keys, there’s one crucial question to answer: “What is my business actually worth?” Getting to the right number isn’t always simple, but it’s essential for securing a fair…
Read More