2018 brings many new changes in the tax law for our Colorado businesses. One of these changes that will help many local, small businesses in Denver is the Section 199A business income deduction. This section provides taxpayers who are not corporations a deduction of 20% of qualified business income earned in a qualified trade or […]
Outsourcing – Finding the right Public Accounting Firm
Any small or large scale business follows a certain formula to keep up a certain amount of profit margin. This formula is key to the foundation of a business and is focused on making money. A well-formed formula will make sure that your company doesn’t go bankrupt and still keeps profiting. It is partially true […]
How to choose an ideal Accounting Firm
Financial aspects of any business are one of the top priorities an owner has and for all the right reasons. After all the work in production and product management, the thing which ends up deciding the future-run of any company is its financial strength. Due to this primary need, it is mandatory for a company […]
Trusted Presence, Trusted Methods: The Benefits Of Working With Local CPA Firms
In a world where cyber crimes, identity theft, and many of the most innovative ways a criminal can manipulate one’s personal information, it can be very hard to trust someone to handle your day to day finances when such alarms are constantly looming in the back of your mind. Working with local CPA firms will […]
How to Choose the Right Accountant for Your Business
For every business owner, it is vital to have someone who can give timely, accurate, and beneficial advice throughout the life of your Company, from inception to succession. But picking up the right certified and licensed accountant is a critical business decision, so it is great to arm yourself with the right tips. A good […]
How to Respond to IRS Correspondence
Receiving a notice from the Internal Revenue Service is never pleasant and often brings with it stress and anxiety. Most taxpayers have difficulty understanding IRS correspondence, which tax year or years and what tax forms it relates to, or whether it is even addressed to them or a Company they own. The key to handling […]