Josh Simpson, Army Veteran and owner/CPA of Simpson & Simpson Accounting, LLC loves to give back to fellow veterans! On 5-17-19, Josh Simpson presented the Local Warrior Award to SPC Soyini Stewart – for Operation Enduring Freedom Veteran, in Kosovo (OEF). Here is her story: “While working as a nurse in the military, my job […]
Have you heard the business advice that goes like this: “You can have fast, good, and cheap, but you can’t have all three of these at the same time.” This advice applies to getting your tax return completed, as well. If you think about it, rushing to get your tax return completed within the last […]
At Simpson & Simpson Accounting, LLC, we like to reward our hometown combat veterans. We are looking for the next local combat veteran to reward! We want to reward our local heroes with a $500 reward and Simpson & Simpson Accounting plaque. We support these local heroes with public recognition, sharing a little about their […]
This past week, Simpson & Simpson Accounting LLC, humbly presented a “Local Warrior Award” to Combat Veteran Sergeant, Jeremy Sewell. Sergeant Sewell served in the 3rd Battalion, 2nd Marines, as infantry. Sergeant Sewell completed combat tours in the following: Operation Iraqi Freedom 06-08.2 (Iraq) Operating Enduring Freedom (Afghanistan) After serving on those two tours with the Marines, […]
End of the Year Accounting and Tax Tips It’s almost the end of the year, and it’s a great time for business owners to think about the accuracy of their accounting records and 2018 tax returns. Yes, accounting and taxes are fun! In case you haven’t heard, there are some major tax changes that came […]
Check for these potential problems with your QuickBooks Online software. Are you frustrated with QuickBooks Online? Oftentimes, this convenient portal for online bookkeeping can cause big problems for small business owners. Here are a few examples of accounting mistakes that we caught at our office, after clients asked us to review their books. Recently, we […]
Woodstock, Ga. (August 9, 2018) – Simpson & Simpson Accounting, a local CPA firm, recently gave back to two local veterans who served combat tours in Afghanistan and continue to serve in the military. Sergeant First Class Darrell Shelnut and Staff Sergeant Trey Wright each received a $500 gift from Simpson & Simpson. “I love […]
FUNDAMENTALS– Isn’t it interesting when the sports analyst mentions that an NBA player has amazing fundamentals. Fundamentals are not fun or exciting like Michael Jordan flying through the air, oops meant to say Lebron James. But, fundamentals are extremely important. We receive many phone calls each day from business owners needing accounting/tax assistance. If we […]
Since the 20% deduction for qualified business income is not so easy to follow, we created a flowchart to try and provide some clarity. The key word here is “try”. Kind of goes against the buzz phrase, “Your tax return will fit on the back of a post card” 🙂 As you can see, it […]
2018 Tax Law Changes Please note these changes do not apply for 2017 tax returns! Here are some but not close to all of the 2018 tax law changes: Lower individual tax brackets until 2025 nice….. (see 2018 tax bracket below) Corporate tax rate changes from 35% to 21% That is a HUGE change! Hopefully Corporate America will […]