by William Tucker | Construction, Healthcare, Manufacturing, Real Estate, Tax
The Tax Cuts and Jobs Act of 2017 (tax reform) ushered significant changes to the tax code to make it easier to navigate and less complex. Since the close of the 2018 tax season, many Denver businesses have been looking more closely at these modifications to see how... 
by Adam Doll | Real Estate, Tax
When the Tax Cuts and Jobs Act of 2017 (tax reform) was passed, it opened the door to a bevy of new tax-saving opportunities for businesses. Not only was the overall corporate tax rate reduced, but several new tax-saving incentives were introduced/extended including... 
by Jeremiah Wolcott | Real Estate, Tax
The Qualified Business Income Deduction (also known as Section 199a deduction) has provided many Denver area pass-through business owners a new tax savings opportunity. The deduction allows certain taxpayers to take a deduction equal to 20% of their qualifying... 
by Donald Prosser, CPA | Real Estate
The real estate industry is in constant flux, and the recent tax reform has simply added to the uncertainty. While some experts predict that the new tax law will negatively impact home and other property ownership, the real estate industry as a whole did escape with... 
by Donald Prosser, CPA | Real Estate
Beginning in tax year 2018, real estate partnerships will see a shift in how the IRS performs their audits. With the passage of the Bipartisan Budget Act of 2015, Congress repealed the existing audit procedures and replaced it with a new regime that will apply to all... 
by Donald Prosser, CPA | Real Estate
This summer, the IRS re-issued proposed regulations to create a centralized partnership audit regime. Originally enacted as part of the Bipartisan Budget Act of 2015, these new rules are designed to make it easier and less costly for the IRS to audit partnerships. The... 