Brinker Simpson’s March Highlights 🍀 📰

In the Know with BSCO: Stay up-to-date with the latest from Brinker Simpson & Company in our monthly e-newsletter. Discover industry insights, company news, and upcoming events. Explore our blog here, and click here for our most recent firmwide updates.

Brinker Simpson Senior Audit Associate Earns CPA Designation

Join us in celebrating Madison Hartwig, our Senior Audit Associate, on earning her CPA designation—an incredible achievement reflecting dedication and expertise!

FinCEN BOI Reporting Deadline Update and Treasury’s Enforcement Stance

A major update from FinCEN: The March 21 deadline remains, but the Treasury won’t enforce penalties for missed filings—yet. Learn what this means for your business.

Do You Have an Excess Business Loss?

Excess business loss rules can limit deductions for partnerships, S corporations, and LLCs. Find out if your losses qualify—and what options are available for 2024 and beyond.

Can I Itemize Deductions on My Tax Return?

Wondering if you should itemize or take the standard deduction? We break down how to determine the best approach for your tax situation.

Financial Relief for Families: The Benefits of the Child Tax Credit

Families could receive up to $2,000 per child under current tax law—but changes may be coming in 2026. See what’s available now and what’s on the horizon.

Small Business Strategy: A Heavy Vehicle Plus a Home Office Equals Tax Saving

Using a heavy SUV, pickup, or van for business? You may qualify for significant tax deductions—especially when paired with a home office. Learn how to maximize savings.

Harness the Power of QuickBooks for Your Business

Struggling with bookkeeping? QuickBooks can streamline your financial management, simplify tax prep, and help you make data-driven decisions.

What Your Nonprofit Should Know About Credit Loss Reporting Rules

A new accounting standard affects how nonprofits handle credit loss reporting. Find out if your organization is impacted and how to stay compliant.

This e-newsletter is for general informational purposes only and does not constitute legal, tax, accounting, investment, or professional advice. It should not replace professional consultation. Always seek advice from qualified professionals before making any decisions. The tax information provided is not intended to be used to avoid penalties. We do not guarantee the accuracy or completeness of this information and disclaim all warranties, express or implied.