Skip to content

CATEGORIES

SME CPA BLOG

New tax laws that affect businesses

January 5, 2021

The Consolidated Appropriations Act, 2021 (the CAA, 2021), signed into law on December 27, 2020, is a further legislative response to the coronavirus (COVID-19) pandemic. The CAA, 2021 include–along with spending and other non-tax provisions and tax provisions primarily affecting individuals–the numerous business tax provisions briefly summarized below. The provisions are found in two of…

Read More

What does the additional 2020 Stimulus Check mean for you?

January 5, 2021

You’ve probably heard that IRS will be making millions of ”economic impact payments” (also called ”recovery rebates”) in the near future to help people stay afloat during this time of economic uncertainty related to the COVID-19 crisis. These payments are in addition to the $1,200 payments ($2,400 for married couples) issued earlier in 2020. Here’s…

Read More

2020 COVID relief bill provisions affecting individual taxpayers

January 5, 2021

Here is an overview of key provisions in the recent COVID relief legislation that affect individuals. The legislation is the COVID-related Tax Relief Act of 2020 (the “Act” or COVIDTRA) and the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (TCDTR), both of which are part of the Consolidated Appropriations Act, 2021. RECOVERY REBATE/ECONOMIC…

Read More

SME CPAs Announces Our Strategic Partnership With HK Financial Services.

November 20, 2020

At SME, we have the privilege of being one of the oldest and largest accounting firms in the greater Augusta region. We are proud to say we’ve built trust through tradition; we are incredibly passionate about helping our clients and community; and we take a team approach to your financial security and peace of mind.…

Read More

What are the duties of an Executor of Personal Representative?

November 20, 2020

You may have a family member or friend who has chosen you to be their executor or the personal representative of their estate when they pass away.  They trust you as being capable of handling their affairs and carrying out their requests after death.  While this may be somewhat of an honor, this may require…

Read More

South Carolina Military Tax Rates and Deductions

November 20, 2020

I am a stereotypical nerdy, sweater vest-wearing tax accountant, so when I sat reading the posts of all of my friends and family on social media on Veteran’s Day this year, my thoughts turned to all the tax benefits and deductions given to Veterans in South Carolina.  I realize that most people don’t think tax…

Read More

Small Business Tax Saving Tips.

October 26, 2020

  Business Tax Prep Tips Use payroll tax software to avoid costly IRS penalties. Approximately one third of all companies get fined each year for incorrectly handling payroll taxes. This is due in large part to the fact that around 40% of businesses with employees try to handle payroll on their own, using paper or…

Read More

Welcome to the SME CPA family.

August 31, 2020

Join us in welcoming our newest team members. Whether they are complete new hires or interns that were offered full time positions we are so happy that they have decided to join our family.

Read More

How Non-Profits can Benefit from a CPA Firm

August 31, 2020

Non-profit organizations are valuable businesses that serve to further a social cause or provide a public benefit. They are great at driving economic development in virtually every sector of society. However, non-profits face rigorous accounting, reporting, and regulatory requirements. Meeting these stipulations can often be burdensome and if you’re left doing this alone, it can…

Read More

SME CPA listed on INSIDE Public Accounting nationwide largest 400 accounting firms list.

August 31, 2020

It was announced that SME CPAs is in the ranking of the nation’s largest 400 accounting firms by INSIDE Public Accounting. The INSIDE Public Accounting (IPA) Survey and Analysis of Firms, is the longest-running, up-to-date ranking of the nation’s largest accounting firms. IPA’s annual rankings of the 400 largest firms in the U.S. are listed from the…

Read More

Contact Us

Have a question or want to discuss your specific need? Contact Us or submit your inquiry using the form below.