Kent Simpson
Principal

Wichita KS

Wichita, KS

1605 N Waterfront Parkway
Suite 200
Wichita, KS 67206

Industry Areas

Service Areas

Kent recognizes financial improvement opportunities for US-based transportation companies, along with other closely held companies. He delves deep with business owners to answer future-focused questions that explore where change can begin today. How can we create more cash flow to invest in the business? How can our transportation company positively affect cash flow with operational analysis, tax deferral, and debt restructuring?

Kent also helps clients free up capital to grow their businesses by maximizing tax savings — through means including entity structure solutions, succession plans, and alternative compensation options.

Kent’s big-picture planning results in important wins for his clients, such as:

  • Changing a transportation company’s entity structure so that they could grow, maximize cash flow to owners, preserve wealth, and transfer ownership to future generations.
  • Helping a transportation company grow by increasing cash flow, putting beneficial tax strategies in place, and facilitating expansion.
  • Securing a food distribution company’s future by playing an instrumental role in developing its new trucking division.

Kent pursued a career in accounting because he is insatiably curious to discover what makes a company survive and thrive, given that each company and financial situation is different. Working best with those who want to proactively strategize, Kent brainstorms ideas that carry businesses healthily into the next year and the next generation.

Education

M.A.C.C., accounting, Kansas State University.
B.A., accounting, Kansas State University

Credentials

Certified Public Accountant (CPA), licensed in Kansas
"20 up to 40" Leadership Program for Kansas Society of Certified Public Accountants

Professional Associations

International Milk Haulers Association
National Tank Truck Carriers
Wisconsin Milk Haulers Association
American Institute of Certified Public Accountants
Kansas Society of Certified Public Accountants, board member
K·Coe Isom Wealth Management, board member

Civic Associations

United Way, Capital Campaign Committee member
Aldersgate United Methodist Church
Kansas State University Accounting Advisory Board
Habitat for Humanity
Kansas Food Bank
Graduate of Leadership Wichita (2016)

Personal Interests

K-State Athletics, Kansas City Chiefs and Royals games, playing golf, and traveling

Recent Insights related to Kent Simpson

Benefit or Bane for Transportation Companies

Tax Changes May Re-Route Transportation Business Strategies

For the first time in 30 years, businesses from all industries are being forced to reevaluate their tax strategies to capture maximum tax benefits. The new tax code legislation...

The ELD Mandate Is Approaching…Advantages You Might Be Missing

On September 6, 2017, the House defeated an amendment to delay the electronic logging device (ELD) mandate intended to help create a safer road environment for drivers. The vote...

Fresh Perspectives from NTTC

Looking to the Future: Great Perspectives from the 69th Annual NTTC Conference

The K·Coe Isom specialty transportation team had a great experience at the recent 69th Annual National Tank Truck Carriers conference in Chicago. The association puts on a...