by Nate Galuzzi | Featured, Tax
Most people enjoy surprises from the traditional surprise birthday party to an unexpected gift from a co-worker, client, friend or loved one. Often surprises are fun and welcome, but this is not always true. The worst type of surprise a taxpayer can receive is an IRS... by Donald Prosser, CPA | Featured, Tax
Giving to those in need is a priority for many Colorado residents to ensure that programs and causes close to their heart are well funded and supported. These contributions often serve as a lifeline, keeping organizations operating and in business. Although tax...
by Donald Prosser, CPA | Featured, Retirement Planning
Among employer-sponsored retirement plans, 401(k)s have become the standard. Some prospective employees assume that a job will come with a 401(k). Therefore, offering a 401(k) at your company may help you hire desired workers and help you retain valued employees. That...
by Donald Prosser, CPA | Featured, Tax
The research and development (R&D) tax credit was made permanent in December 2015 as part of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), allowing businesses to offset their federal tax liability. Under the same provision, qualified small... by Jeremiah Wolcott | Accounting, Featured
Employee benefit plans are usually not an area of great concern for most companies. This audit is often of less concern than the company’s financial statement audit and therefore doesn’t receive the attention it deserves. It’s unlikely that many have noticed, but the...
by Donald Prosser, CPA | Featured, Tax
At the end of April, the Trump Administration issued an outline of proposed tax reform and changes they would like to implement in the coming months. Known as the 2017 Tax Reform for Economic Growth and American Jobs, it is advertised as the largest tax cut for...