Having trouble viewing this message? Click here to view this message in a browser window.

Smith Dickson

November 2017


OCBJ Style File

Debbie Dickson was profiled in the "OC Style File," in the Orange County Business Journal (October 2, 2017). The column showcases fashion and clothing styles of leading OC executives.

Says Debbie "It was quite a nice compliment to be chosen for this column. I do feel that style is very important for my role in the courtroom and business community. It was fun doing this profile, although I must say it wasn't easy posing for the photo - but now I have a greater appreciation for models!"

See the article:http://smithdickson.com/debbie-dickson-profiled-in-ocbjs-oc-style-file/

Recent Litigation Support Engagement:
Lost Income -- Commercial Tenant

Ryan Nguyen photo

In a recent Litigation Support engagement, Ryan Nguyen, Forensic Accounting Manager, provided expert testimony based on his forensic accounting analysis.

Our client, a local doctor, leased his facility. His partner suddenly passed away, creating a vacancy in the building with a need to fill the space. Our client brought on a new physician tenant, who moved from Northern California and agreed to pay his proportionate share of the office expenses including rent. However the tenant's practice never became profitable and he quickly fell behind on payments, with his debt growing over the course of a year. Our client filed suit.

The dispute continued over how much was owed to our client. The tenant doctor claimed that he was supposed to be subsidized until his practice became profitable. He further asserted that he was promised to receive the patients of the deceased doctor and that our client lured him to move to Orange County under false pretenses. The tenant doctor then countersued for lost future income because he shut down his former practice in Northern California to move to Orange County.

Our client claimed that all annual unpaid expenses and rent were due. He showed the Court that the agreement was never written or intended to subsidize the new doctor for the entire time. Our client could not promise to deliver the former doctor's patients because patients have the freedom to choose their physician.

The jury found 12-0 in our client's favor, awarding all unpaid expenses including rent and denying the tenant any damages for lost future income.

Tax Calendar

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 upcoming dates:

  • Nov. 15 and Dec. 15: Employers — Deposit withholding due for Social Security, Medicare, withheld income tax, and nonpayroll withholding
  • Dec. 15: Corporations — Tax installment due. Deposit the fourth installment of estimated tax for 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.

Copyright © 2017 Smith Dickson, an Accountancy Corporation. All Rights Reserved.
18100 Von Karman Ave #420 | Irvine, CA 92612
(949) 553-1020

This email was sent to you at #email# | Unsubscribe