SME CPA BLOG

Managing sales and use tax is complicated for any business, especially when you’re starting out. Whether your business runs out of South Carolina or Georgia, this resource will show you how to collect and pay sales and use tax throughout the year. That way, you’re not met with a painful and unexpected bill at the…

When filing annual taxes, many individuals and families realize their withholdings are incorrect and need to be updated. Knowing when and how to update your tax withholdings is essential for avoiding future tax liability, potential penalties, or accidentally paying more in taxes than you should throughout the year. What exactly are my tax withholdings? Whenever…

We are proud to offer SafeSend Returns to our clients as our secure, electronic tax return delivery system. Learn more about viewing and completing your tax return package. We are pleased to offer SafeSend Returns to our clients as a secure, electronic tax return delivery system. The client-friendly interface walks you through a guided process…

As 2022 tax deadlines quickly approach, SME CPAs has put together a year-end overview regarding your personal, business, and investment tax needs. In addition to that full summary, we’re highlighting a few must-know deadlines and tax strategies to use in the upcoming months. Meet with your tax professional soon for a more in-depth discussion of…

Accounting and tax planning for restaurants and hospitality groups comes with unique challenges. Knowing your field’s financial opportunities, pitfalls, and how to find the right CPA will help you overcome the top challenges businesses like yours are facing today. Key tax and accounting strategies for restaurants and hospitality businesses Before you can tackle your business’s…

Everything You Need to Prepare for Taxes Did you know that approximately one third of Americans delay tax preparation each year? Many say that the task is too time-consuming and can be stressful. You can speed up the process and decrease stress by getting a jump-start on gathering the information and documentation you need to…

As January approaches, ways to ensure financial stability in the new year are a must-have. Not only does this mean investing in best business practices, but keeping up with laws and tax codes that could effect your company’s liability. These accounting and tax planning tips will help your business get off to a strong start…

As the year comes to a close and tax season approaches, it’s an important time to review your business’s finances. Planning ahead now can save you money and stress down the road. Here’s a checklist of important tax planning and financial steps to take when preparing for the new year. 1. Review the past year’s…

As a small to medium-sized business owner, you wear many hats. You are the salesperson, the marketer, the product developer, and sometimes even the janitor. With so many responsibilities, important tasks can fall by the wayside. Despite how crucial it is to your business’s success, accounting is often one of those tasks. Not only does…

Construction businesses deal with a particular set of financial challenges, often beyond their own control. Smart companies must learn how to evade pitfalls like poor job estimation, while best managing unavoidable situations like inflation and change orders. A keen eye out for the most common stumbling blocks in accounting for construction will keep your company…