Many tax professionals know the rules of Circular 230, but many business owners do not and trust that their tax advisor follows them. And understanding the seriousness of the expedited suspension rule is vital for business owners and tax professionals Read more
Reporting Tax Fraud and Scams: What Taxpayers and Small Business Owners Need to Know Tax problems are stressful. Tax fraud and scams make them worse. Many people know when something feels wrong, but they do not know what to do Read more
March 5, 2026, is “National Slam the Scam Day,” and the IRS used it to release its annual “Dirty Dozen” list—12 scams that are actively targeting taxpayers, small businesses, and tax professionals. The theme is consistent every year: criminals Read more
Turn Tax Season into a Wealth-Building Strategy Most people treat taxes as something to “get through.” They gather receipts, meet with their accountant, and hope for a refund. That reactive approach misses major opportunities to save money. A tax specialist Read more
Running a business involves many moving parts, from managing sales to keeping your team paid. Without clear and accurate financial records, even the best companies can lose track of where their money goes. That is where Simple Finances® can help. Read more
By Shaw Collins Running a business means making hundreds of decisions every week. But few are as costly as tax mistakes. A small oversight today can become a big IRS problem tomorrow. The good news? Most tax errors are easy Read more
By Shaw Collins Tax advisory goes far beyond filing returns. It’s a proactive approach to managing your finances strategically. In a world where tax laws constantly change, working with a trusted tax advisor means more than compliance—it means planning ahead Read more
Late fees. Unexpected tax bills. Surprises in your cash flow.If you’re a business owner earning over $400,000 a year and still experiencing these issues, chances are your books are messier than you think — and they’re silently draining your profits. Read more
Shaw is co-owner of Simple Finances® and leads the firm's IRS representation and business valuation and exit planning services. His CEPA® credential anchors the valuation practice, helping business owners understand what their company is worth and how to build value before a sale or transition.
Georgene is co-owner and CEO of Simple Finances®. She brings 18 years of healthcare administration experience and over 8 years in the financial industry to help clients improve their bookkeeping and financials and ensure tax compliance and efficiencies. She leads the firm's financial leadership services, with a focus on nurse entrepreneurs and healthcare practitioners building their own businesses.