Estimated Tax Payments for Colorado Small Businesses: Schedule and Thresholds
If you own a Colorado small business — whether you operate as a sole proprietor, partnership, LLC, or S-Corp — the IRS and Colorado Department of Revenue expect you to […]
Form 1065 vs 1120-S: Which Does Your Colorado Business File?
If you own a Colorado business with more than one owner, you’ll file one of two federal returns every year: Form 1065 (U.S. Return of Partnership Income) or Form 1120-S
IOLTA Trust Accounting: What Your CPA Needs to Understand
If you run a law firm in Colorado Springs, you already know that trust accounting isn’t optional — it’s one of the most heavily regulated aspects of legal practice. Mishandle
What Denver Dentists Should Look for in a CPA
Finding a CPA isn’t hard. Finding one who actually understands how a dental practice makes money — and where it quietly loses money — is a different problem entirely. Dental
Tax Deductions Most Colorado Doctors Miss: A CPA’s Checklist
Physicians are trained to be thorough — except, sometimes, when it comes to their own tax returns. Between patient loads, administrative demands, and the complexity of medical practice finances, legitimate
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
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
1099 vs W-2: How to Classify Workers Correctly (And Avoid $10,000+ IRS Penalties)
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
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,