Tax Saving Opportunity for Denver Businesses

Tax Saving Opportunity for Denver Businesses

As year-end quickly approaches, many Colorado businesses are investigating opportunities to take advantage of tax-saving strategies to reduce tax liabilities. Since the passage of the Tax Cuts and Jobs Act of 2017 (tax reform), and lowering of the overall corporate...
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%,...
Amended Tax Return Essentials

Amended Tax Return Essentials

From time to time, Denver area business owners uncover an error on their business or individual tax return. This can happen when a review of prior year returns reveals that credits or deductions were missed which would entitle the taxpayer to an increased refund. It...