SME CPA BLOG

Managing finances is one of the biggest challenges small businesses face. The financial side of things can be overwhelming, especially when resources are tight. Having access to CFO-level expertise can turn the tide, offering strategic advantages that boost growth and stability. Enter SME CPAs—your trusted partner for outsourced CFO services. We’re here to help you…

Learn how setting up a 529 plan can impact your child’s educational journey at any age, from newborns to high schoolers.

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.

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…

As many of us are in the midst of tax planning, now is the perfect time to take a step back and reassess our personal financial strategies. Whether your goal is to pay off debt, save for a dream vacation, or simply gain a better understanding of your financial situation, streamlining your personal finances should…

We say it every December, but now is the perfect time to audit your finances and prepare for tax season. Follow these steps to start the new year with your best financial foot forward. Getting Ahead of Tax Season For small and medium businesses, give your tax professional plenty of time to sort through your…

We say it every December, but now is the perfect time to audit your finances and prepare for tax season. Follow these steps to start the new year with your best financial foot forward. Getting Ahead of Tax Season For small and medium businesses, give your tax professional plenty of time to sort through your…

Do you need to file a 1065? What about an 8828 or a 1099-DIV? Tax forms quickly get confusing. Here’s a breakdown of the most important ones to know based on your circumstances, plus a look into federal withholdings.  Tax forms for the individual If you’re alive and breathing… file Form 1040.  This is your…

The wealth management needs of business owners are often a lot more complex than those of individuals. That’s why we’ve teamed up with Avantax Planning PartnersSM to offer a financial planning solution that helps you navigate the unique financial challenges of today’s entrepreneurs. What is wealth management and why does it matter to business owners?…