Blog

We held an event last month in Marietta, Georgia, on the topic of “3 Must-Know Year-End Tax Strategies.”  Our own Phillip Focaracci, CPA, Senior Tax Lead, highlighted three main areas where you could reap tax savings as we near the end of the year. First, there are...

Business tax credits are a dollar-for-dollar reduction in the amount of taxes a business owes, and there’s a decent chance that at some point over the years, your business has been eligible for one or more. Tax credits are a great way for businesses to save money on...

UPDATE: Federal Beneficial Ownership Information regulation found unconstitutional A federal judge in Texas ruled in early December 2024 that the Beneficial Ownership Information (BOI) rule of the federal Corporate Transparency Act (CTA) is unconstitutional. You may...

As you may know, there are lots of bad guys out there trying to steal your sensitive information. All of us here at SBS Accounting & Advisors prioritize keeping your finances secure, so here are some tips to avoid the scams: 1. Be wary of unexpected...

For a small business, hiring a new employee is a big deal. It is a major investment and also an exciting milestone. Adding staff means you’re growing and potentially increasing revenue. But there is more to the financial side of adding an employee than just being sure...

As a small business owner, you are probably focused on growing your revenue. That’sfine – who doesn’t want to get more sales each year? But, the top line should not bethe first place your attention goes when you look at the income statement. Yes, youread that...

As a small business owner, you know the struggles of keeping the business going. You wear a lot of hats, put in the long hours, and prioritize your company's success above all else. Sometimes, this dedication translates to taking a backseat with your own salary,...

The U.S. Department of Labor (DOL) has finalized its new independent contractor rule,with big implications for small businesses. The new regulation, which would make it more difficult for companies to classify workersas independent contractors, has been opposed by...

UPDATE: Federal Beneficial Ownership Information regulation found unconstitutional A federal judge in Texas ruled in early December 2024 that the Beneficial Ownership Information (BOI) rule of the federal Corporate Transparency Act (CTA) is unconstitutional. You may...

UPDATE: Federal Beneficial Ownership Information regulation found unconstitutional A federal judge in Texas ruled in early December 2024 that the Beneficial Ownership Information (BOI) rule of the federal Corporate Transparency Act (CTA) is unconstitutional. You may...