SIM Financial Services

05/26/2024

If you're child attends private School that is eligible for STO and Private School Tax Credit dollars AND you have a donation site set up please drop your link in the comments.

I'll be updating my website towards the end of July to add links for clients to donate.

05/23/2024

Tired of endlessly Googling which accounting software to use and how to streamline payroll? We get it. Navigating the world of business accounting, payroll, and taxes can be wildly overwhelming. 😫 But fear not – we've got your back! 💼 Let us handle the numbers while you focus on your business. 💡 Partner with us today for seamless solutions tailored to your business needs. 💰📊

05/22/2024

Are you a small to medium business owner, and find yourself overwhelmed with all of the options out there for accounting software and payroll services?

At SIM Financial Services we can guide you through all of your options to find the one that works best for your business both in efficiency and cost effectiveness.

You can check out all of our services at www.simfinaz.com

05/20/2024

Have you checked out my new page on Go Local Arizona - Find & Support Local Businesses?

New to the advertising space, so I'd love if you have a few minutes to go and check it out!

ttps://www.golocalarizona.com/sim-financial-services

Send a message to learn more

04/11/2024

Do you work for a mid to large size company? Would they be interested in hosting a lunch and learn on W4s, taxes, and State tax credits for their employees?

If so, I'd love to get in contact with the person who sets these up to get one scheduled in May or June!

Message me at [email protected]

Also check out my newly launched website at

Born and raised in Arizona, I embarked on my academic and professional journey at Ottawa University, graduating in 2012. I furthered my education at Florida International University, where I earned my Master of Business Administration with a concentration in Accounting in 2014. Prior to my entrepren...

03/04/2024

Has your or will your dependent age up to 17 in 2024? If so, make sure to update your W4 with your employer to ensure you're holding enough Federal Taxes.

Under 17 Child Tax Credit - upto $2000/ea
17+ dependent - upto $500 dependent credit

That could be up to a $1500 CREDIT ($ for $ reduction of taxes) difference meaning you could potentially owe upto $1500 in additional taxes if you're not making this W4 change.

Note: this is for any dependent that turns 17 at ANY time in 2024.

If you have any additional tax questions SIM Financial Services is here to answer them for you!

02/13/2024

Do you owe Arizona State taxes on your 2023 return?

Consider donating the amount due up to $1307 (single filer) or $2609 (married filer) towards private school scholarships.

There are many different STO organization out there, but if you want a quick link to donation to a specific student, you can use this link.

https://pages.acsto.org/jj4z0u/

If you have no idea what I'm even talking about (and you live in AZ) shoot me a quick message, and I'll send you over some information.

Give our family educational freedom with your tax credit donation.

02/12/2024

*********If you are an AZ resident who has at least one dependent, you most likely received a rebate from the state in Oct-December of upto $750. Ensure you are entering this form into your 2023 Tax Return as Misc Income!!!! *********

The Internal Revenue Service has determined that the rebate is subject to federal income tax and, thus, requires it to be reported as part of the federal adjusted gross income on the 2023 federal income tax return. For this reason, ADOR is issuing a Form 1099-MISC, Miscellaneous Information, which reports miscellaneous compensation and other payments such as this rebate.

Note that the rebate is not subject to Arizona income tax and should be subtracted from the federal adjusted gross income on the 2023 Arizona individual income tax return.

Taxpayers will be able to access the Form 1099-MISC on and after January 31, 2024