The U.S. House of Representatives passed its sweeping tax and spending bill, dubbed The One, Big, Beautiful Bill Act (OBBBA), by a vote of 215 to 214. The bill includes extensions of many provisions of the Tax Cuts and Jobs Act (TCJA) that are set to expire on December 31. It also includes some new and enhanced tax breaks. For example, it contains President Trump’s pledge to exempt tips and overtime from income tax.

The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things, the sweeping bill would eliminate clean vehicle credits by the end of 2025 in most cases. If you’ve been pondering the purchase of a new or used electric vehicle (EV), you’ll want to buy sooner rather than later to take advantage of available tax credits. Here’s what you need to know.

Brinker Simpson & Company, LLC, the region's premier accounting and financial advisory firm, is pleased to welcome Nichole Cecchini to its professional team.

It’s easy to file your return, breathe a sigh of relief, and move on—but a little proactive planning now can make a big difference come next tax season. One of the smartest moves you can make post-filing is to check your tax withholding and adjust if needed. At Brinker Simpson, we’re here to help you take the guesswork out of this process and make sure you're set up for success in 2025 and beyond.

President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off guard. While the president has long endorsed the imposition of tariffs, many businesses expected him to take a targeted approach. Instead, Trump rolled out a baseline tariff on all imports to the United States and higher tariffs on certain countries, including some of the largest U.S. trading partners. (On April 9, Trump announced a 90-day pause on some reciprocal tariffs, with a 10% baseline tariff remaining in effect for most countries and a 145% tariff on imports from China.)

Busy season can be one of the most demanding times of the year in public accounting, and we're incredibly grateful to have a strong support team in place to help keep things running smoothly.

Brinker Simpson & Company is proud to be recognized as one of the region’s top accounting firms, earning the #20 spot on the Philadelphia Business Journal’s 2025 List of the Largest Accounting Firms in the Greater Philadelphia Region.

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a major revision to the Corporate Transparency Act (CTA), drastically narrowing the scope of companies required to report beneficial ownership information.