Many business owners only take a close look at their financials when tax season arrives. Unfortunately, waiting until the end of the year to review your numbers can lead to missed opportunities, cash flow problems, and unexpected tax liabilities. Successful businesses make financial reporting a monthly habit. Regularly reviewing key financial reports helps you understand […]
13
May
May
For many small business owners, bookkeeping starts as a simple task: tracking expenses, reconciling bank accounts, and staying organized for tax season. But as a business grows, financial decisions become more complex — and that’s when many owners begin wondering whether they need more than basic bookkeeping support. While bookkeepers and CPAs both play important […]
20
Apr
Apr
With American servicemembers now deployed in support of Operation Epic Fury, we believe it’s time to honor the warriors right here in our own backyard. Nominations are open. As many of you know, before I was a CPA, I was a soldier. I served in Operation Iraqi Freedom III, and that experience shaped everything about […]
19
Apr
Apr
Running a small business in the Atlanta area comes with plenty of moving parts — and taxes are one of the easiest places to make expensive mistakes. Whether you’re a startup in Woodstock or an established company serving clients across Atlanta, small oversights can quickly turn into penalties, missed savings, or unnecessary stress. Here are […]
27
Mar
Mar
As the tax filing deadline approaches, many taxpayers feel pressure to file quickly — often turning to DIY software or rushing through returns just to meet the deadline. While filing on your own may seem convenient, last-minute tax preparation is exactly when professional guidance can make the biggest difference. At Simpson & Simpson LLC, we […]
05
Feb
Feb
When taxpayers receive a notice from the IRS claiming an enormous tax liability, it can feel overwhelming and frightening. Many people assume the IRS must be correct and that there’s no way to fight back. In reality, that’s often not the case — especially when the IRS is working with incomplete or incorrect information. Recently, […]
13
Jan
Jan
Small business owners are facing some of the most significant changes to the U.S. tax code in years. With major new legislation that alters depreciation, deductions, and other key tax provisions, it’s critical for SMB owners to understand how these updates can affect tax planning, bottom line, and financial strategy. Major Legislative Changes in 2025 […]
12
Dec
Dec
As the end of the year approaches, small business owners have a powerful opportunity to reduce their tax burden, strengthen their financial health, and set the stage for a smoother tax season. The earlier you begin planning, the more options you have — especially when it comes to deductions, retirement contributions, estimated taxes, and business […]
17
Nov
Nov
If you’re using QuickBooks to manage your bookkeeping, you’re already doing the heavy lifting — tracking revenue, expenses, cash flow, and so on. That’s great. But when it comes to presenting your business to lenders, investors, partners, or just getting a clearer picture of your financial health, you’ll benefit tremendously from a professional review of […]
12
Sep
Sep
Getting audited by the IRS can be intimidating, but with the help of an IRS resolution professional, the process can be much easier and more successful. The worst thing that can be done is ignoring IRS notices for long periods of time, including years. Sticking one’s head in the sand won’t make the problem go […]