1099 vs W-2: How to Classify Workers Correctly (And Avoid $10,000+ IRS Penalties) Worker classification errors rank among the costliest mistakes Colorado Springs small businesses make—and the IRS, Department of […]
Do I Need a CPA for My Small Business? 10 Signs Colorado Springs Entrepreneurs Should Hire a Professional Every Colorado Springs small business owner eventually asks the same question: “Do
One Big Beautiful Bill Act 2025: Complete Guide for Colorado Springs Small Business Owners On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law,
Colorado Sales Tax Vendor Fee Elimination 2026: What Colorado Springs Small Businesses Need to Know Starting January 1, 2026, Colorado will eliminate the 90-year-old sales tax vendor fee that has
7 Proven Ways to Save Money on Your Business Taxes in 2026 The One Big Beautiful Bill Act signed on July 4, 2025, has fundamentally transformed the business tax landscape,
What Happens If I Don’t Get an EIN? Critical Consequences for Business Tax Returns and Compliance Operating a small business in Colorado Springs without an Employer Identification Number (EIN) might
Business Tax Structure Comparison: LLC vs S-Corp vs C-Corp Tax Strategies for 2025 Colorado Springs business owners face a critical decision that directly impacts their bottom line: choosing the optimal
If you’re a business owner looking to reduce your tax liability while investing in essential equipment, the Section 179 deduction might be your most powerful tool. This often-overlooked tax provision