Smith Dickson, An Accountancy Corporation 

May 2016
Orange County Business Journal article:
The Orange County Business Journal published an article by Smith Dickson on April 18, 2016, "Obtaining Bank Financing in Difficult Situations." An excerpt:


Obtaining or renewing bank lines of credit or loans isn't always a simple process. A business may be declined credit and not have a clear answer as to why it was refused the financing it needed. Banks consider the "Five C's of Credit" (capacity, capital, collateral, conditions and character) in extending financing, which can be difficult to evaluate from a typical commercial applicant's perspective. On top of those criteria, other factors can play a key role when credit is not approved, such as lack of preparation, poor records, and the bank's level of risk aversion for certain types of loans or industries. It is in these more challenging situations that a qualified CPA firm can prove to be particularly helpful. (Read the full article)

The National Association of Women Business Owners - Orange County has selected Debbie Dickson to receive its "Remarkable Women Lifetime Achievement Award." 
The award will be presented at NAWBO's "20th Annual Remarkable Women Awards Event & Dinner" on May 20, 2016. 
Congratulations, Debbie!  Your team at Smith Dickson is very proud to be associated with you and we are so happy that you have been recognized by NAWBO, you more than deserve it! 
The next issue of "Client Advisor" will include more details on this special event but in the meantime, below is NAWBO's announcement:

Accomplished and respected CEO, mentor, and generous volunteer to numerous professional and community organizations for decades, Debbie Dickson is well deserving of NAWBO-OC's Lifetime Achievement Award. Debbie is founder and president of Smith Dickson, an Irvine-based CPA firm specializing in litigation support services, accounting, taxation, and business consulting. She has earned a reputation as a formidable forensic accounting expert witness and is considered a dynamic leader in her field. 

When she began her career as a CPA, Debbie was one of the few women in the profession. In the 1980s, after many years with Big 8 firms, she started Smith Dickson, an Accountancy Corporation. Taking care of her 12 employees is of the utmost importance to her, not only for the success of Smith Dickson but for the well-being of each employee's personal concerns. For example, she shares her business sense and leadership skills as a mentor to those just starting their careers. Through her efforts, dozens of accountants have earned CPA certifications. Debbie regularly volunteers for boards and as president of groups such as the Forensic Expert Witness Association, Orange County Management Association, J. Reuben Clark Law Society, and Orange County Performing Arts Corporate Council. She also speaks before business organizations and women's groups, and for three years ran a program that counseled teenage girls to develop their abilities. She's a talented concert organist and pianist, donating her performances as a service to the arts.
Perhaps if you asked her about her greatest accomplishment, Debbie would say that being a wife and Mom to her six children is at the top of the list.


Smith Dickson is pleased to provide our year-round "Tax Calendar" available on our website.  Reference it for key dates for individuals, businesses (of all types), employers and estates/fiduciaries.

Some of the important dates:
  • May 15 and June 15: Employers - Deposit withholding.  If the monthly rule applies, deposit the tax for payments in previous month for Social Security, Medicare, withheld income tax, and non-payroll withholding.
  •  June 15: Corporations - estimated tax. Deposit the second installment of estimated tax for the current year.

Be sure to contact us to discuss your tax questions and needs. 





Smith Dickson is a full-service Southern California CPA firm that specializes in providing high-quality services designed to create long-term value for our clients. Our services include accounting, tax compliance and planning, litigation support, business consulting and estate/trust tax compliance. Please contact us with your questions.

Smith Dickson, An Accountancy Corporation, 18100 Von Karman Avenue, Suite 420, Irvine, CA 92612
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