In the Know with BSCO: A monthly newsletter from Brinker Simpson & Company. Practical insights, firm updates, and upcoming events, delivered straight to your inbox.
Tax season is officially behind us. This month, we're shifting gears from deadlines to decisions. Inside: what to do after April 15, how internal and external audits compare, what rising ACA penalties mean for employers, and a planning rule every LLP and LLC owner should know.
What to do after April 15 (and what records you can finally toss)
The April 15 deadline is behind you, but a few smart moves now can save time, money, and stress later. Here's what to keep, what to toss, and how to set yourself up for a smoother 2026 filing.
Internal vs external audits: What's the difference and which do you need?
Internal and external audits both protect your financial integrity, but they answer very different questions. Here's how to think about the right mix for your business.
ACA penalties are climbing in 2026. Is your reporting ready?
ACA reporting is not a settled issue. Penalties are climbing in 2026, and applicable large employers need to make sure their reporting is airtight before the next cycle.
Material participation: The rule that could cost you your business loss deduction
The passive activity loss rules can quietly limit your ability to deduct business losses. If you own an LLP or LLC, here's how to know where you stand and what to track.
Employee Spotlight: Meet the People Behind Your Work
At Brinker Simpson, our people are at the heart of everything we do. Each month, we highlight team members who reflect our core principle: Work Hard. Have Fun. Help Others.
Spotlight: Nicholas Breen, Audit Associate
Meet Nicholas Breen, an Audit Associate who brings curiosity, precision, and a team-first mindset to every engagement.
Spotlight: Marcy DeLorenzo-Rosci, CPA, Practice Area Leader, Client Accounting Services
Meet Marcy DeLorenzo-Rosci, CPA, Practice Area Leader of our Client Accounting Services department and a trusted advisor known for turning financial data into actionable insight.
This e-newsletter is intended for general informational purposes only and does not constitute legal, tax, accounting, investment, or professional advice. It should not replace consultation with qualified professionals. Always seek advice from experts before making any decisions. The tax information provided is not meant to be used to avoid penalties. We do not guarantee the accuracy or completeness of this information and disclaim all warranties, express or implied.
