Certified Public Accountants
Welcome to Hanson & Co. CPAs!

Hanson & Co. CPAs has been working with individuals and privately held businesses in the Denver metro area for more than 40 years. While we work with companies across numerous industries, our professionals have focused experience serving companies in the constructionmanufacturing, real estate, professional services, medical practices and oil and gas industries. In addition, we provide a variety of tax, accounting, audit, and consulting solutions to meet the diverse needs of our emerging, growth-focused, and established corporate clients.

Impact of Tax Reform on Construction Companies

Tax reform has been a topic that has been in the news for quite some time. Simplifying the tax code, reducing taxes on businesses, creating more favorable depreciation and expensing rules, and reducing the individual tax rate were a few of the changes implemented in the Tax Cuts and Jobs Act of 2017. While it is the most meaningful change to the federal tax code in almost thirty years, many businesses, especially those in construction, may be unsure how the changes will impact them.

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News & Highlights

Plans with over 120 participants are required to perform an annual benefit plan audit. The purpose is to ensure the plan is operating according to rules and regulations established by the Internal Revenue Service (IRS), Department of Labor (DOL) and key plan documents.

Bonds are an essential part of doing business in the construction industry. As more and more construction projects are being started, the need many contractors to obtain bonds for the first time, or step up to higher value bonds for larger jobs has become especially important