March 15: S-Corps, Partnerships & Multi-Member LLCs
April 15: C-Corps & Single-Member LLCs

Lockhart & Powell — Colorado S-Corp Tax Experts Since 1984

A team of 2 CPAs focused on relationships, not transactions. Whether you're an S-Corp, LLC, partnership, or C-Corp — we've got you covered. Year-round support, not just tax season. Over 1,000 Colorado businesses trust us because we treat clients like partners, not paperwork.

1,000+
Clients Served
4.9
Google Rating
90%+
Client Retention
Call (719) 578-8200 Learn More

Get Your Free Tax Analysis

Tell us about your S-Corp — we'll identify opportunities

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Serving S-Corps across Colorado

Form 1120-S Expertise

Comprehensive S-Corporation tax return preparation with accurate income allocation, deduction optimization, and full compliance with IRS regulations specific to pass-through entities.

Schedule K-1 Preparation

Accurate K-1 preparation for all shareholders with proper allocation of income, deductions, and credits. We ensure your shareholders have what they need for their personal returns.

S-Corp Tax Strategy

Maximize your S-Corp tax advantages with strategic planning for reasonable compensation, shareholder distributions, and year-round guidance to minimize your overall tax burden.

CLIENT SUCCESS STORY

Watch Client Testimonial

Mike Horcharik | M. Charik Productions | Media Production

OUR SERVICES

S-Corp Formation

Start or convert to S-Corp

  • Form 2553 election filing
  • LLC to S-Corp conversion
  • Tax savings analysis
  • Timing optimization
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Strategic Consulting

Year-round tax guidance

  • Tax optimization strategies
  • Distribution planning
  • Cash flow analysis
  • Year-round CPA access
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LLCs & Partnerships

Not just S-Corps

  • Form 1065 preparation
  • Multi-member LLC returns
  • Partnership K-1s
  • C-Corp (Form 1120)
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WHY CHOOSE LOCKHART & POWELL

S-Corp Specialists

Deep expertise in S-Corporation taxation, reasonable compensation, and shareholder distribution strategies

Tax Savings Focus

We actively look for ways to reduce your tax burden through proper S-Corp structuring

K-1 Expertise

Accurate Schedule K-1 preparation ensuring shareholders have everything for their personal returns

IRS Compliance

Meticulous attention to S-Corp specific rules including reasonable compensation requirements

90%+ Client Retention

Our clients stay because we deliver results and build lasting relationships

Colorado Experts

Deep knowledge of Colorado state tax requirements for S-Corporations

MEET OUR TEAM

Experienced professionals dedicated to your S-Corp success

Megan Lockhart, CPA

Megan Lockhart, CPA

Partner & Tax Director

Megan Lockhart is a partner at Lockhart & Powell, where she serves as the firm's Tax Director. She specializes in individual and business tax preparation, tax planning, and consulting, bringing a thoughtful and strategic approach to every client engagement.

  • S-Corp Tax Preparation
  • Tax Planning & Strategy
  • Business Financial Consulting
Brandon Lockhart, CPA

Brandon Lockhart, CPA

Partner & Chief Financial Officer

Brandon Lockhart is a partner at Lockhart & Powell, where he specializes in individual and business tax preparation, small business consulting, and also serves as the firm's Chief Financial Officer. With a strong foundation in accounting and finance, Brandon brings both strategic insight and hands-on experience to his clients and colleagues.

  • S-Corp Tax Preparation
  • Small Business Consulting
  • Business Formation & Structure
David Kim, EA

David Kim, EA

Enrolled Agent & Tax Associate

David Kim is a Tax Preparer at Lockhart & Powell, specializing in individual and business tax preparation. With a strong foundation in tax law and compliance, David is committed to delivering accurate, high-quality service tailored to each client's unique needs.

  • Business Tax Preparation
  • S-Corp Returns
  • IRS Problem Resolution
Trisha McConnaughey

Trisha McConnaughey

Office Manager & Client Relations

Trisha is an Office Manager at Lockhart & Powell, where she combines her strong background in customer service and entrepreneurship with a passion for supporting small businesses and the hardworking people behind them.

  • Client Appointment Scheduling
  • Document Management
  • Office Operations
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WHAT OUR CLIENTS SAY

4.9
Based on 95 reviews
★★★★★

"Lockhart & Powell is a great resource for entrepreneurs. They are intentional to create value, a pleasant client experience, and outstanding service. They come highly recommended and hope anyone reading this reaches out to this great firm!"

★★★★★

"In today's day and age it is super hard to find a CPA. As the owner of a bookkeeping firm I work with many CPAs and I can tell you honestly that Brandon and Megan are top shelf. They are ethical, responsive, smart, savvy, and take excellent care of their clients. If you are looking for a fairly priced CPA that will make sure your taxes are filed correctly in a timely manner contact Lockhart & Powell."

★★★★★

"As the Managing Partner of Sound Advice Consulting Services, I work extensively with Brandon and Megan with our bookkeeping clients. They are communicative, skilled, personable, helpful, and all-around excellent CPAs. I highly recommend Lockhart & Powell to anyone looking for a CPA firm that is a true partner in your success."

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Tax Season Is Approaching

Get Your S-Corp Taxes Done Right by Colorado CPAs Who Specialize in It.

Join 500+ Colorado businesses that trust Lockhart & Powell for accurate 1120-S preparation, strategic tax planning, and year-round S-Corp guidance.

Call (719) 578-8200 Complete Form Above
Licensed Colorado CPAs
90%+ Client Retention
4.9-Star Google Rating
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