A tax carryover credit is a type of tax credit that you can carry forward to future tax years if you don’t have enough tax liability to use the credit […]
What you should know about solar tax credits
Going solar has never been more affordable and accessible, thanks to various tax credits offered by the government. These incentives are designed to make it easier for homeowners to switch […]
why you should use accounting software for your rental real estate
Using accounting software can help you manage the financial aspects of your rental real estate in a more efficient and organized way. Some benefits of using accounting software include: Automation […]
what information should I give my tax preparer
It is important to provide your tax preparer with all of the necessary documentation and information needed to prepare your tax return accurately. This may include: Personal identification information for […]
Advantages of using Xero for your accounting
There are several advantages to using Xero as your accounting software: It’s easy to use: Xero is designed to be user-friendly, with a simple and intuitive interface. This makes it […]
So you are looking at purchasing an EV and want to know the tax consequences
The federal government provides a tax credit for individuals who purchase certain electric vehicles (EVs). The credit is designed to encourage the use of EVs as a way to reduce […]
What to do if your crypto provider is indited by the US goverment
If your crypto provider is indicted by the U.S. government, it is important to carefully consider your options and seek professional guidance. Here are a few steps you may want […]
1099 requirments for business owners
If you are a business owner, you may be required to file 1099 forms for payments that you make to certain individuals or entities. Specifically, you are required to file […]
New Famli Provisions in Colorado
In November 2020 Proposition 118 was approved by Colorado voters and is set to take effect on January 1st of 2023. This is a state-run Paid Family and Medical Leave […]
Prep for FAMLI if you own a business and live in CO
If you live or work in CO, this will go into effect on January 1st. 2023. If you do not live in CO, please check with us to see if […]