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Stay informed with Brinker Simpson's latest business insights! Explore our blog here for expert financial and tax guidance, and click here for our latest firmwide updates.

Key 2024 Inflation-adjusted Tax Parameters for Small Businesses and Their Owners

The IRS recently announced various inflation-adjusted federal income tax amounts. Here’s a rundown of the amounts most likely to affect small businesses and their owners.

New Reporting Rules for Businesses: Compliance Obligations Explained

The new corporate transparency reporting rules are complex, but failing to comply with them can be costly to businesses.

Maximize Year-End Giving with Annual Gift Tax Exclusion

Reduce your taxable estate by making annual gift tax exclusion gifts.

The Anatomy of a Client Accounting Services (CAS) Team

Specific roles within a CAS team can vary depending on the firm and client’s needs, but here are some typical roles you might find in a CAS practice.

Andrew Terry Joins Brinker Simpson & Company, LLC

Brinker Simpson & Company, LLC, Delaware County's largest locally owned, full-service public accounting firm, is pleased to welcome Andrew Terry to our team of professionals. He joins the Firm as an associate in the Audit and Assurance department.

What is Residual Fraud Risk — and What Can Your Business Do About It?

Even if your organization enforces robust internal controls to prevent fraud, residual risk may remain. How is this possible? We define residual risk and suggest options for dealing with it.

A Company Car is a Valuable Perk, but Don’t Forget About Taxes

For many employees, using a company car is a special perk. But before you hand over the keys, make sure you understand the tax rules.

11 Exceptions to the 10% Penalty Tax on Early IRA Withdrawals

If you’re facing a serious cash shortfall, one possible solution is to withdraw from your traditional IRA early. That means before you’ve reached age 59½. You need to understand the tax implications, including when the 10% penalty tax might apply.

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 for use in avoiding penalties. We do not guarantee the accuracy or completeness of this information and disclaim all warranties, express or implied.