Tax season is an opportune time for fraudsters and bad actors to target Denver area businesses and individual taxpayers. As the number of taxpayers filing electronically increases it has created a target-rich environment for fraud to be committed.
Tax Preparation
The end of the year is a time when many Colorado businesses set aside time to review accomplishments, find areas of improvement, and focus on the coming year.
It is finally here with no further delays. A new lease accounting standard has been implemented for small businesses and…
With the new IRS rules for maintaining accurate tax basis calculations and reporting tax basis on S Corp returns, shareholders…
The Tax Cuts and Jobs Act of 2017 (TCJA) brought in the most sweeping changes in federal tax law in…
Working together, the Internal Revenue Service, state tax agencies and the national tax industry are alerting taxpayers about the Identity…
The Internal Revenue Service this week is sending families the first monthly installment of an Advance Child Tax Credit, as…
The Colorado Legislature enacted a new bill on June 10, 2021 that extends the special deduction for restaurants, alcoholic beverage…
The National Taxpayer Advocate, Erin M. Collins, expressed concerns about the Internal Revenue Service 1040 toll-free hotline, citing data that…
Appendix I – Independent Contractors Treatment of workers as independent contractors has come under increasing scrutiny in recent years. In…