Colorado Residents to Get Automatic Refunds

Colorado Residents to Get Automatic Refunds

Many Denver business owners and families will be happy to learn that sometime later this year residents will receive a state dividend payment. Governor Polis announced last week that the state will be issuing a $400 or $800 dividend payment to taxpayers as required...
2021 Tax Highlights

2021 Tax Highlights

The year 2021 continued to bring many challenges and tax changes. In late 2020, an emergency COVID-19 law was passed which included additional economic impact payments, an extension of federal pandemic unemployment compensation, and an extension of pandemic-related...
2021 Year End Tax Planning

2021 Year End Tax Planning

2021 Here are some year-end tax planning ideas to accomplish before New Year’s Day. Medical Expenses Out-of-pocket medical expenses that exceed 7.5% of your gross income are deductible as an itemized deduction. If your year-to-date medical expenses are already close...