Intro to Business Deductions To be deductible, a business expense must be both ordinary — common and accepted in your industry — and necessary, helpful and appropriate for your trade or business. Generally, you cannot deduct personal, living or...
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Is an Outsourced CFO Right for You? Outsourced chief financial officer firms provide you with an external expert to guide your company’s financial strategy, operations and planning on a part-time, contract or project basis. Leveraging this kind of external...
Employee vs. Freelancer: Tax and Financial Implications Let’s say you decide to onboard a freelancer, also known as an independent contractor. What should your next tax- and finance-related moves be? Let’s find out! What to expect when you onboard...
How to Use AI to Streamline Your Business Have you found yourself becoming more and more fascinated by all this talk of AI these days? Does the opportunity to drive more strategic growth and gain a competitive edge excite...
We are thrilled to announce that our office has relocated to a larger, more accommodating space in Grand Junction, CO. This move is a significant milestone for us, reflecting our growth and commitment to better serve you. You can...
Worst of the Worst: Top Personal Tax Errors If you make any mistakes on your tax return, you can end up owing even more money. This means you might miss out on the full refund you claimed. From interest...
Worst of the Worst: Top Business Tax Errors When the IRS looks at your tax forms, the tax agency uses a computer to compare what has been reported to it with what you have reported in terms of income....
Exploding Some Estate Tax Myths If you own property and assets or have loved ones who depend on you to provide income or care, you should have an estate plan. However, some people hesitate to create one, fearing that...
Tax Implications of Bonuses If you get pleasure from rewarding your team’s performance with bonuses, you are not alone. But it’s important to consider how those bonuses are given, along with the tax implications for both you and the...
Dear Valued Clients, We are thrilled to announce that our office is relocating to a larger, more accommodating space in Grand Junction, CO. This move is a significant milestone for us, reflecting our growth and commitment to better serve...