Form 2553: The Complete Guide to S-Corp Elections

Home › S-Corporation Tax Guide › Form 2553: S-Corp Election Guide Form 2553: The Complete Guide to S-Corp Elections Everything you need to know about electing S-Corp status

Read More

Add Accountant to QuickBooks Online Without Upgrading – The Complete Guide

QuickBooks Online (QBO) is one of the top accounting tools for small business owners and bookkeepers. For our bookkeeping clients at SDO CPA, we often recommend adding an

Read More

Outsourced Accounting for Small Business: When You’re Ready to Hand It Off

Key Takeaways F&A outsourcing market growing 10-12% annually as businesses seek scalable support Signs you’re ready: spending 10+ hours/month on books, made a tax mistake, growing fast S-Corps

Read More

How Much Does Outsourced Accounting Cost? A Realistic Guide

Key Takeaways Outsourced accounting typically costs $500-$5,000+/month depending on services Rule of thumb: accounting costs should be 1-4% of annual revenue Outsourcing saves 40-60% compared to in-house staff

Read More

Accounts Receivable Outsourcing: Improve Cash Flow Without Adding Staff

Key Takeaways AR outsourcing can reduce DSO (days sales outstanding) by 20-30% Typical cost: $12,000-$30,000/year for SMEs with full AR services For S-Corps and partnerships, revenue timing affects

Read More

Accounts Payable Outsourcing: When It Makes Sense (and When It Doesn’t)

Key Takeaways AP outsourcing typically costs $1.50-$5.00 per invoice or $200-$800/month for small businesses Companies can reduce AP processing costs by up to 70% with outsourcing For S-Corps

Read More

S-Corp Distributions: Complete Tax Rules Guide

-Corp earnings available for tax-free distribution. It’s a corporate-level account that parallels shareholder basis. It matters most for S-Corps that were previously C-Corps.” } }, { “@type”: “Question”,

Read More

IRS Mileage Rates for 2026: The Complete Guide for Business Owners

Key Takeaways 2026 Business Rate: 72.5 cents per mile (up 2.5 cents from 2025) 2026 Medical/Moving Rate: 20.5 cents per mile (down 0.5 cents from 2025) 2026 Charity Rate: 14 cents

Read More

Who Needs to File FBAR: Complete Eligibility Guide

FBAR filing catches many people by surprise. The $10,000 threshold is lower than you might expect, and the definition of “U.S. person” is broader than most realize. Here’s

Read More

FBAR Penalties 2026: Complete Guide to Penalties and Relief Options

If you’ve missed FBAR filings or you’re worried about penalties, here’s what you need to know. FBAR penalties are among the steepest in the tax code, but relief

Read More