KS Tax & Accounting Services
Kurt Simmons CPA provides comprehensive tax and financial services to individuals and businesses throughout Kansas (KS). With its aviation manufacturing and agriculture, we understand the unique financial landscape that comes with doing business in Kansas.
Under the CPA Mobility Act, our CPA — licensed in Maryland, Delaware, and Florida — is authorized to provide the full range of attestation, tax, and advisory services to Kansas clients without the need for an additional state license. This means Kansas individuals and businesses receive the same comprehensive service as our home-state clients: financial statement audits, tax strategy, IRS representation, virtual CFO services, and every other service we offer — delivered through our technology-forward, virtual-first practice model.
CPA Services Available in Kansas (KS)
KS Individual Tax Preparation
Comprehensive federal and Kansas state tax return preparation, including complex returns with investments, rental properties, and self-employment income.
Learn More →KS Business Tax Services
Tax preparation and planning for Kansas-based businesses including S-Corps, C-Corps, partnerships, LLCs, and sole proprietorships.
Learn More →KS Cryptocurrency Tax
Specialized crypto tax services for Kansas investors and traders. DeFi, NFTs, staking rewards, and exchange reporting handled with expertise.
Learn More →KS Trader Tax Services
Mark-to-market elections, wash sale tracking, and tax optimization strategies for active traders in Kansas.
Learn More →KS IRS Resolution
Professional representation before the IRS for Kansas taxpayers facing audits, collections, liens, levies, or offers in compromise.
Learn More →KS 83(b) Elections
Equity compensation planning and 83(b) election filing for Kansas startup employees and founders receiving restricted stock.
Learn More →KS Financial Statement Audits
Full-scope GAAS-compliant financial statement audits for businesses, nonprofits, and organizations requiring independent assurance.
Learn More →KS Review Engagements
Limited assurance engagements providing meaningful confidence in financial statements for lender requirements and stakeholder reporting.
Learn More →KS Compilations
Professionally prepared financial statements from management-provided data for internal reporting, small business needs, and bank presentations.
Learn More →KS Agreed-Upon Procedures
Targeted, customized engagements designed to address specific areas of concern with flexible scope tailored to stakeholder needs.
Learn More →KS Employee Benefit Plan Audits
DOL-compliant audits for 401(k), pension, and employee benefit plans meeting ERISA filing requirements and fiduciary obligations.
Learn More →KS Tax Strategy & Advisory
Proactive, year-round tax planning that identifies savings opportunities. Entity structure optimization, multi-state planning, and strategic initiatives.
Learn More →KS Cost Segregation Studies
Engineering-based analysis to accelerate depreciation deductions on commercial and residential rental properties, maximizing cash flow.
Learn More →KS Virtual CFO Services
Fractional CFO capabilities including financial modeling, cash flow management, KPI dashboards, and strategic financial leadership.
Learn More →KS Business Consulting
Operational assessments, process improvement, internal control design, and strategic planning to drive efficiency and profitability.
Learn More →KS Estate & Succession Planning
Comprehensive estate planning, business succession strategies, and wealth transfer optimization for business owners and high-net-worth individuals.
Learn More →KS Capital Markets Advisory
Securities compliance, FINRA regulatory guidance, and capital markets advisory for businesses navigating public offerings, private placements, and broker-dealer requirements.
Learn More →Kansas Audit Services in Detail
Kansas businesses, nonprofits, federal contractors, and benefit plan sponsors typically need an independent audit when state law, federal rules, lenders, grantmakers, or boards require external assurance. We perform GAAS-compliant attest engagements scoped to the specific assurance need — most commonly:
Wichita Aviation & Federal Contractor Audits
Wichita is "the Air Capital of the World" — home to Spirit AeroSystems (the world's largest independent aerostructures manufacturer; major Boeing 737, 787 fuselage supplier), Textron Aviation (Cessna, Beechcraft, Hawker — general aviation leader), Bombardier Learjet (historically), and the legacy Boeing Wichita defense modification operations. We support Wichita aviation contractors with GAAS-compliant audits, indirect rate calculations and DCAA-compliant accounting systems, Cost Accounting Standards (CAS) compliance, and audits prepared for security-cleared business operations. We also serve McConnell AFB (KC-46 tanker base) and Kansas Army installations (Fort Riley — 1st Infantry Division; Fort Leavenworth — Combined Arms Center) federal contractors.
Kansas Nonprofit Audits
Audited financial statements for KS charities are routinely required by major Kansas funders — including the Ewing Marion Kauffman Foundation (Kansas City — one of the largest U.S. private foundations, focused on entrepreneurship), the Sunderland Foundation, the Kansas Health Foundation (Wichita), the Hall Family Foundation, the United Way affiliates, and federal subrecipient grantors.
Kansas 401(k) & Employee Benefit Plan Audits
Kansas plan sponsors filing Form 5500 generally require an ERISA-compliant audit when the plan has 100 or more participants with account balances at the start of the plan year. We perform full-scope and §103(a)(3)(C) limited-scope benefit plan audits for 401(k), 403(b), and defined-benefit plans across Kansas, including plans sponsored by Spirit AeroSystems (Wichita), Textron Aviation (Wichita — Cessna/Beechcraft), Koch Industries (Wichita — one of the largest privately held companies in the U.S.; Koch Fertilizer, Georgia-Pacific, Flint Hills Resources, Molex, Guardian Industries, Invista), Garmin (Olathe — GPS and aviation electronics), Cargill (substantial KS operations — Wichita meat processing, Dodge City beef), Sprint/T-Mobile historical Overland Park operations, Hostess Brands (Lenexa — Twinkies), YRC Worldwide, the University of Kansas Health System, and Kansas's substantial agricultural cooperative network.
Kansas Single Audits (Uniform Guidance)
Kansas nonprofits, counties, school districts, tribal entities (Prairie Band Potawatomi, Iowa Tribe of Kansas and Nebraska, Kickapoo Tribe in Kansas, Sac and Fox Nation of Missouri in Kansas and Nebraska), and pass-through subrecipients that expend $1,000,000 or more in federal awards in a fiscal year are subject to the Single Audit requirements of 2 CFR Part 200.
Kansas Lender, Bonding & Investor Audits
Kansas banks (Capitol Federal, Commerce Bank, INTRUST Bank), surety companies, and Kansas-based agricultural lenders frequently require audited financial statements as a condition of credit facilities, surety capacity, or capital raises.
Kansas Reviews & Compilations
Where a full audit is not required, we deliver review engagements (limited assurance) and compilations (no assurance) — both routinely accepted by Kansas lenders and stakeholders requiring CPA-prepared financial statements.
Kansas (KS) Tax & Business Landscape
Key Kansas Tax Numbers. Personal income tax: graduated, top rate 5.7% on income above approximately $30,000 single / $60,000 joint. Corporate income tax: 7% top rate (4% normal tax + 3% surtax above $50,000). Sales and use tax: 6.5% state, plus city/county; combined often 9%–11%. Estate tax: none. Pass-through entity (PTE) elective tax: 5.7% available since tax year 2022. Kansas was previously known for the 2012-2017 "Kansas Tax Experiment" (Brownback) which eliminated tax on pass-through income; this was repealed in 2017 and Kansas has since reformed its treatment of pass-throughs, including the elective PTE.
Filing Mechanics. Individuals file Form K-40 (residents and nonresidents/PY use the same form with appropriate schedules). C-corporations file Form K-120. Partnerships and S-corps file Form K-120S. PTE election is made on partnership/S-corp returns. Returns are due April 15 and administered by the Kansas Department of Revenue.
Wichita — The Air Capital of the World. Wichita produces a substantial share of the world's general aviation aircraft and a major share of U.S. commercial aerostructures. Spirit AeroSystems (Wichita HQ — the world's largest independent aerostructures manufacturer; supplies Boeing 737/787 fuselages and other structures; recently announced Boeing reacquisition), Textron Aviation (Cessna, Beechcraft — general aviation leader; legacy Hawker), Bombardier Learjet historical, and the legacy Boeing Wichita presence have anchored Wichita aviation for decades. Wichita State University houses the National Institute for Aviation Research (NIAR). We support the substantial aviation engineering, manufacturing, and contractor workforce with equity compensation, deferred comp, and DCAA-compliant accounting issues.
Koch Industries & the Wichita Private-Company Ecosystem. Koch Industries (Wichita HQ — among the largest privately held companies in the U.S. by revenue) operates through subsidiaries including Koch Fertilizer, Georgia-Pacific (paper and forest products), Flint Hills Resources (oil refining), Molex (electronic components), Guardian Industries (glass), Invista (chemicals and fibers — Lycra, Stainmaster), and INFOR (enterprise software). The Koch ecosystem and its substantial vendor base anchor a significant share of the Wichita private economy. We support Koch and Koch-subsidiary employees with executive comp planning and the unique private-company equity arrangements typical at Koch.
Kansas Agriculture & Energy. Kansas is the #1 U.S. producer of winter wheat, the #3 cattle-producing state (with major beef-processing centers in Dodge City, Garden City, Liberal — Cargill, Tyson, JBS, National Beef), and a significant sorghum, corn, and soybean producer. The Hugoton Gas Field in southwestern Kansas is one of the largest natural gas fields in North America. Kansas farmers face Schedule F reporting, equipment depreciation, custom harvesting income, water rights and Ogallala Aquifer issues, and the unique tax treatment of beef cattle operations.
Kansas Military Bases. Kansas hosts major military installations: Fort Riley (Junction City — home of the U.S. Army's 1st Infantry Division "Big Red One"), Fort Leavenworth (Combined Arms Center; Command and General Staff College; the U.S. Disciplinary Barracks), and McConnell AFB (Wichita — KC-46 Pegasus tanker base; Air Mobility Command). Military families face SCRA/MSRRA residency planning, deployment-related tax issues, and the specific concerns of frequent PCS moves.
Kansas Economy & Who We Serve. Kansas's economy spans aviation (Wichita — Spirit, Textron, Bombardier, Boeing legacy), large privately held conglomerates (Koch Industries — Wichita), agriculture (wheat #1, cattle #3, sorghum, corn, soybeans), natural gas and oil (Hugoton Field), military (Fort Riley, Fort Leavenworth, McConnell AFB), logistics and transportation (Garmin Olathe, BNSF/UP rail, I-70/I-35 corridor), and biotechnology (KU Cancer Center; Stowers Institute Kansas City). Our typical KS clients include Wichita aviation professionals (Spirit, Textron), Koch Industries vendors and employees, Kansas wheat and cattle operators, military families at Fort Riley/Leavenworth/McConnell, KC metro KS-side professionals, and high-net-worth families.
CPA Mobility in Kansas. Kansas has adopted CPA mobility provisions under the Uniform Accountancy Act. Kurt Simmons holds active CPA licenses in Maryland, Delaware, and Florida, and we confirm all applicable Kansas Board of Accountancy mobility and firm registration requirements before commencing any engagement.
Cities and Communities We Serve. Our virtual-first practice serves clients across all of Kansas, including Wichita (largest city; Air Capital — Spirit, Textron, McConnell AFB, Koch Industries), Overland Park (KC metro — finance, tech), Olathe (Garmin), Kansas City KS (KCK; Wyandotte County), Topeka (state capital), Lawrence (University of Kansas — Jayhawks), Manhattan ("Little Apple"; K-State; Fort Riley adjacent), Salina, Hutchinson, Lenexa, Shawnee, Junction City (Fort Riley), Leavenworth (Fort Leavenworth), Pittsburg, Garden City (beef processing), Dodge City (beef processing), Liberal, the Flint Hills, the Hugoton gas region, and every Kansas county.
Why Kansas Clients Choose Us
- GAAS-compliant audit, review, and compilation experience for nonprofits, federal contractors, benefit plans, and privately held businesses
- Deep expertise in KS-specific issues: KS PTE elections (post-Brownback reform), Wichita aviation equity compensation (Spirit, Textron, Bombardier — RSUs, ESPP, deferred comp), Koch Industries vendor and employee accounting, Kansas military base SCRA/MSRRA residency planning (Fort Riley, Fort Leavenworth, McConnell AFB), Kansas wheat and cattle Schedule F reporting, and Hugoton oil/gas severance tax
- Capital markets background — Kurt Simmons has passed the Series 65 examination (Passed; not currently held as an active license) in addition to holding the CPA
- Specialized practices in cryptocurrency taxation, active trader tax, and 83(b) elections for KS Wichita/Overland Park startup employees
- Technology-forward, virtual-first delivery — secure client portal, e-signature, and video consultations
- Transparent, fixed-fee engagements where possible — no surprise hourly invoices
Kansas CPA — Frequently Asked Questions
Do I need a Kansas-licensed CPA?
Kansas has adopted CPA mobility provisions under the Uniform Accountancy Act. Kurt Simmons holds active CPA licenses in Maryland, Delaware, and Florida, and we confirm any applicable Kansas Board of Accountancy firm-registration requirements before commencing attest engagements.
What is Kansas's income tax rate?
Kansas has a graduated personal income tax with a top rate of 5.7% on income above approximately $30,000 single / $60,000 joint. The KS corporate income tax is 7% top (4% normal tax + 3% surtax above $50,000). Form K-40 is due April 15.
Does Kansas have a SALT-cap workaround?
Yes. Kansas enacted an elective Pass-Through Entity Tax effective for tax years beginning on or after January 1, 2022. Eligible S-corps and partnerships pay an entity-level tax at 5.7% on Kansas-source taxable income, and members receive a corresponding credit on Form K-40. This was a significant reform after the 2012-2017 "Kansas Tax Experiment" that eliminated tax on pass-through income (and was repealed in 2017).
I work in Wichita aviation. What special tax issues apply?
Wichita is "the Air Capital of the World" with Spirit AeroSystems, Textron Aviation (Cessna and Beechcraft), Bombardier Learjet historical, and Boeing Wichita historical. We handle the specialized issues common to Wichita aviation professionals: cost-accounting standards (CAS), DCAA compliance, federal contractor accounting (FAR Part 31 cost principles), security clearance financial review, deferred compensation, and equity compensation planning for Spirit/Textron employees (RSUs, ESPP).
I'm at Fort Riley, Fort Leavenworth, or McConnell AFB. What military tax planning do you handle?
Kansas hosts Fort Riley (1st Infantry Division), Fort Leavenworth (Combined Arms Center; Command and General Staff College; U.S. Disciplinary Barracks), and McConnell AFB (KC-46 tanker base). We handle the specific issues facing military families: SCRA/MSRRA state-of-residence planning (allowing service members and military spouses to maintain a tax-favorable home state regardless of duty station), combat zone tax exclusions, military allowance treatment (BAH, BAS), the moving expense exception for military PCS moves, deployment-related withholding planning, and Section 121 home-sale extension for service members.
When does my Kansas nonprofit need an audit?
Kansas charities exceeding certain contribution thresholds may be required to submit audited or reviewed financial statements under the Kansas Charitable Organizations and Solicitations Act. Audited statements are also routinely expected by the Ewing Marion Kauffman Foundation (Kansas City — one of the largest U.S. private foundations, focused on entrepreneurship), the Sunderland Foundation, the Kansas Health Foundation (Wichita), the Hall Family Foundation, and federal subrecipient grantors. Federal Single Audit requirements apply at $1,000,000 federal expenditures.
Do you serve Kansas clients outside Wichita and the KC metro?
Yes. Our practice is virtual-first, so we serve clients across all of Kansas — including Wichita (Air Capital — Spirit, Textron Aviation, McConnell AFB, Koch Industries), the KC metro KS side (Overland Park, Olathe — Garmin, Lenexa, Shawnee, Kansas City KS), Topeka (state capital), Lawrence (KU), Manhattan ("Little Apple" — K-State, Fort Riley), Salina, Hutchinson, Junction City (Fort Riley), Leavenworth (Fort Leavenworth), Pittsburg, Garden City (beef processing), Dodge City (beef processing), and rural Kansas's wheat and cattle communities.