Kent Simpson, CPA

Principal

Wichita, KS

Contact Information

eMail

Social Media Information

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

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

Mentions and articles by Kent

Benefit or Bane for Transportation Companies

Tax Changes May Re-Route Transportation Business Strategies

Kent Simpson | January 25, 2018

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 is the driving force behind the absolute necessity to take a strategic look […]

The ELD Mandate Is Approaching…Advantages You Might Be Missing

Kent Simpson | September 22, 2017

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 cast was 246-173 members against the amendment. The attempt to delay […]

Fresh Perspectives from NTTC

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

Kent Simpson | May 12, 2017

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 fantastic event, with plenty of opportunity to meet and greet with executives from […]