Employee Parking Expense Deduction Disallowance

Employee Parking Expense Deduction Disallowance

The Tax Cuts and Jobs Act of 2017 (tax reform) resulted in many changes designed to make the tax code easier to understand, compliance less complex and reduce overall business taxes.  When passed it resulted in the immediate decrease of the corporate tax rate to 21%,...
Resolving Hardship Distribution Errors

Resolving Hardship Distribution Errors

Life can present unexpected challenges that can catch even the most well prepared off guard. In such situations, it may be necessary to obtain more cash than one may have to address the problem. When this happens, individuals often turn to their 401k plan as a money...

Job Growth Incentive Tax Credit Program

The state of Colorado offers a robust number of state tax incentive programs designed to encourage companies contemplating expansion to do so within Colorado. Such incentive programs can create a significant tax savings opportunity for companies who are considering...

Retirement Plan Startup Tax Credit

The need for talented and qualified professionals is a priority for every growing and established company. Management is always on the lookout for professionals that can help take them to the next level. However, to attract talent, the company must offer a benefits...