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SME CPA BLOG

Q4 Planning for a Strong 2025

November 8, 2024

Prepare for a successful 2025 by revisiting your financial strategies in Q4 2024. Explore key tax planning tips and financial strategies to build a solid foundation for the future.

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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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Strategies for Maximizing Your Charitable Contributions Before Year-End

September 11, 2024

As the end of the year approaches, it’s important to start thinking about your charitable giving. Not only does giving back help those in need, but it can also provide tax benefits for you as a donor. Whether you’re looking to meet your philanthropic goals before the holidays or want to make sure you maximize…

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The Tax Implications of Selling a Business

July 11, 2024

Learn how to minimize tax liabilities when selling your business. Get expert guidance from SME CPAs for a smooth succession plan.

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Summertime Activities that May Affect Your Income Tax Return

March 22, 2024

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…

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New year reminders from your accountant

January 16, 2024

As the new year unfolds, it’s a time of reflection and forward thinking, especially when it comes to your financial well-being. Whether you’re navigating the complexities of tax season or strategizing for business growth, the beginning of the year is an opportune time to adjust your financial compass. As your trusted accounting partners, we’re here…

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Strategies for Managing Non-Profit Taxes and Accounting

September 12, 2022

If you are responsible for the financial management of any organization, then you know that it can be a daunting task. However, there are many important things to consider when it comes to non-profit taxes, accounting, and bookkeeping – and it can be hard to know where to start.  We’re digging into some of the…

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Specialized Accounting and Tax Services for Construction Businesses

June 1, 2022

When it comes to construction, there are undoubtedly a lot of moving targets, but your accounting, budgeting, and tax planning shouldn’t be one of them. If you’re looking to streamline budgeting, improve expense tracking, and give your business the opportunity for increased profitability, choosing specialized accounting and tax services for construction businesses is crucial. Getting…

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Financial Documents: What to Keep and How Long

April 11, 2022

When it comes to managing financial and legal documents, there is no one-size-fits-all answer. Recordkeeping requirements can differ across business and personal records and can even vary by industry. When in doubt, it is always best to err on the side of caution and keep a document longer than the minimum required time.  If you’re…

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What you should do when you receive your IRS advance child tax credit payments and third Economic Impact Payments letters

January 18, 2022

The IRS started issuing information letters to advance child tax credit recipients in December. Recipients of the third round of the Economic Impact Payments will begin receiving information letters at the end of January. Using the information in these letters when preparing a tax return can reduce errors and delays in processing. People receiving these…

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