I Got an IRS CP2000 Notice: What It Means and What to Do
You check the mail, and there it is — a letter from the Internal Revenue Service. It’s labeled CP2000 — “Proposed changes to your tax return.” Your stomach drops. Take […]
Tax Updates
Colorado QBI Deduction Addback: What Pass-Through Owners Need to Know
If you own an S-Corp, partnership, or LLC in Colorado, you’ve probably heard about the federal Section 199A deduction — the one that lets pass-through business owners deduct up to
Do I Need a CPA for My Small Business? 10 Signs Colorado Springs Entrepreneurs Should Hire a Professional
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
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
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
Business Tax Structure Comparison: LLC vs S-Corp vs C-Corp Tax Strategies for 2025
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
Section 179 Tax Deduction Colorado Springs: CPA Guide to Equipment Write-Offs 2025
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