Let’s face it—property taxes can be a real pain in the assets. And while your traditional accountant might be great at keeping the IRS off your back, when it comes to those nitty-gritty property tax loopholes? You might be missing out on some serious cash. That’s where property tax advisors come in—the ones who know exactly how to save you more on your Denver property tax bill than you thought possible. So, who’s really looking out for your wallet: your trusty accountant or the property tax advisor? Time to find out ..read more

Still confusing your bookkeeper with an accountant? You’re not alone. In fact, you might even be tossing thousands down the drain every year because of it. (Yep, that stings.) These two professionals aren’t interchangeable, and hiring the wrong one could have your finances tied in knots faster than you can say "missed deductions." The real deal is, knowing when to bring in each can save you more cash than you ever thought possible. Ready to stop burning money? Let’s get to the good stuff ..read more

Most investors are busy chasing stocks and bonds like they're the last piece of cake at a birthday party. Meanwhile, tax lien investing is sitting quietly in the corner, serving up legal interest rates that could make your savings account blush. It’s not complicated, it’s not risky—unless you consider earning up to 36% on your investment a risk ..read more

Ever wonder why your Denver competitor down the street always seems to be vacationing in the Bahamas while you’re stuck deciphering tax codes? The secret isn’t voodoo—it’s a savvy small business accountant in Denver ..read more

Most people think inheritance tax in Colorado is a non-issue. You’ve heard it before—“Colorado doesn’t have an inheritance tax, so there’s nothing to worry about.” That’s cute, but it’s also a financial fairy tale. Here’s the reality check: while Colorado doesn’t levy its own inheritance tax, you’re still very much on the hook for federal estate taxes and potential interstate tax liabilities. Believe it or not, the federal estate tax can swoop in and take a sizable chunk out of your inheritance if your estate exceeds $13.61 million. And don’t even get started on the inheritance taxes from othe ..read more

Most small business finances are a mess. It's easy to overlook the nitty-gritty details when you're juggling everything from sales to customer service. Who has time to worry about accounting specifics like encumbrance accounting? It's not like it can save your business from bleeding money, right? Wrong. Ignoring encumbrance accounting is like leaving the tap running while trying to mop up the flood. Studies show that a significant chunk of financial mishaps in small businesses stems from overlooked financial commitments. These hidden costs can turn your budget into a black hole, swallowing you ..read more

Most freelancers are terrible at tax planning and preparation. There, I said it. Who wants to spend their precious hours wrestling with tax forms and regulations when you could be focusing on what you love? There's a misconception that getting your taxes right is just a tedious chore that can't really affect your bottom line. Well, buckle up. Freelancers who neglect their tax planning and preparation are setting themselves up for a world of hurt. According to the IRS, a whopping 80% of taxpayers make some kind of error on their tax returns, and for freelancers, the stakes are even higher. Miss ..read more

Most business owners think their financials are flawless. But let's be real—your financial statements might be hiding more secrets than your last tax return. You may trust your regular accounting to keep everything in line, but that’s like trusting a colander to hold water. Investigative accounting is the unsung hero of the financial world, here to expose the flaws you didn’t even know existed. You might assume your books are balanced, your expenses accounted for, and your revenue spot-on. However, without investigative accounting, these assumptions could lead to financial disaster. Those tiny ..read more

You're a contractor, right? You deal with tangible stuff—wood, nails, concrete. So, when we talk about bookkeeping, it's not to shuffle papers or bore you with the humdrum of numbers. Here's the real scoop: bookkeeping isn't just about staying on the right side of the tax man; it's about strapping a rocket to your business's back. Now, you might be thinking, “Rocket? Really? But isn’t bookkeeping just receipts and invoices?” Sure, that's part of it. Effective bookkeeping aligns perfectly with your day-to-day grind but can launch your profitability into the stratosphere. We’re talking clearer f ..read more

Most people hear "IRS" and think paperwork nightmares and endless number crunching. But what if I told you that the IRS could actually be your ally in beefing up your business budget this coming year? Yes, you read that right. With the child tax credit for 2024, there’s a silver lining to your tax obligations that could spell bigger savings and better cash flow management for your small business or freelance gig. This isn’t just about getting a break on your taxes. It’s about strategically leveraging the child tax credit to keep more of your hard-earned money in your pocket—where it belongs. N ..read more