1. Your Personal Credit Score & Business Loan Eligibility

    Here’s the question of the day, as provided by your northern Colorado CPA: Does your personal credit affect your eligibility when it comes to attaining a business loan? Well, yes and no. In short, lenders still rely on a credit check to determine eligibility for certain kinds of business loans. Pl…Read More

  2. Tax Compliance Issues for Non-Profits

    Whether you've just started a nonprofit, recently submitted your organization's first Form 990, or are the executive director, it's important not to lose sight of your obligations under federal and state tax laws. From annual filing and reporting requirements to taxes on business income and payroll …Read More

  3. Paying Off Debt the Smart Way

    Between mortgages, car loans, credit cards, and student loans, most people are in debt. While being debt-free is a worthwhile goal, most people need to focus on managing their debt first since it's likely to be there for most of their life. Handled wisely, however, that debt won't be an albatross ar…Read More

  4. Five Tips for Safeguarding Your Records

    Some natural disasters are more common in the summer, but major events such as hurricanes, tornadoes, and fires can strike at any time. It's always a good idea to plan for what to do in case of a disaster. Here are some basic steps you can take right now to prepare: 1. Backup Records Electronically.…Read More

  5. 6 Facts About Charitable Donations

    If you give money or goods to a charity in 2016, you may be able to claim a deduction on your federal tax return. Here are 6 important facts you should know about charitable donations: 1. Qualified Charities. You must donate to a qualified charity. Gifts to individuals, political organizations, or c…Read More

  6. Who Can Represent You Before the IRS?

    Many people use a tax professional to prepare their taxes. Tax professionals with an IRS Preparer Tax Identification Number (PTIN) can prepare a return for a fee. If you choose a tax pro, you should know who can represent you before the IRS. There are new rules this year, so the IRS wants you to kno…Read More

  7. Education Tax Credits Help You Pay for College

    Are you planning to pay for college in 2016? If so, money you paid for higher education can mean tax savings on your tax return when you file next year. If you, your spouse or your dependent took post-high school coursework last year, you may be able to take advantage of education credits that can h…Read More

  8. Tax Tips for Members of the Military

    Special tax benefits apply to members of the U. S. Armed Forces. For example, some types of pay are not taxable, and special rules may apply to some tax deductions, credits, and deadlines. Here are ten of those benefits: 1. Deadline Extensions. Some members of the military, such as those who serve i…Read More

  9. Using Sales Receipts: When and How

    How do you let your customers know how much they owe you, and for what products or services? In these days of e-commerce and merchant accounts, your customers may provide a credit card number over the phone or on a website. Or perhaps you send invoices after a sale and receive checks or account numb…Read More