LLC vs. S-Corporation: What’s Best for Your Business?

You’ve likely heard the terms LLC and S-corporation tossed around in business. The two are often discussed in conjunction with one another as they are the most common forms of ownership for small businesses. If you are a new entrepreneur or are growing your business, becoming an LLC or an S-corporation may be the best [...]

By |2021-01-28T10:55:04-07:00January 28th, 2021|News|Comments Off on LLC vs. S-Corporation: What’s Best for Your Business?

Are You Keeping Up with Bookkeeping? Why It’s Important for Business Success

Managing your books may seem like a tedious task but recording your financial transactions on a consistent basis will offer more rewards in return when tax time rolls around. Most importantly, it keys you into the profitability of your business and helps you make critical management decisions as your business progresses. Beyond that, you need [...]

By |2020-12-09T09:45:17-07:00December 29th, 2020|News|Comments Off on Are You Keeping Up with Bookkeeping? Why It’s Important for Business Success

The Impact of COVID-19 on Small Business Taxes: What You Need to Know

There is no question that we are all trying to survive (and, more importantly, thrive) in a time of constant change, adaptation, and oftentimes confusion. Let us take one thing off your plate and minimize any confusion you may have about new laws affecting small business taxes. There are a handful of changes stemming from [...]

By |2020-12-08T17:03:11-07:00December 15th, 2020|Current News|Comments Off on The Impact of COVID-19 on Small Business Taxes: What You Need to Know

Exploring the Many Resources Available on the Website

Many people only think of their Fort Collins accounting firm around tax time. After their return is complete and submitted, it’s “Goodbye, until next year.” However, establishing a trusting relationship with a firm means you can, and should, look to them for a wide range of helpful resources throughout the year. On the Shaw & [...]

By |2019-11-21T11:12:25-07:00May 14th, 2019|Kevin's Korner|0 Comments

Why Get Financial Statement Assistance from a Fort Collins Business Accountant

A financial statement is a collection of summary-level reports that provides information on a company’s business activities and financial performance. These reports include, at a minimum, an income statement, balance sheet and cash flow statement. A financial statement is useful in helping lenders, investors, government entities or others: Assess a company’s ability to generate cash [...]

By |2019-11-21T11:12:25-07:00April 29th, 2019|News|0 Comments

Explaining the Qualified Business Income Deduction

Under the Tax Cuts and Jobs Act, there is potentially a 20 percent deduction for qualified business income from a qualified trade or business operated directly or through a pass-through entity. It is important to talk with a trusted tax accountant in Fort Collins to understand what that means for your business. According to the [...]

By |2019-11-21T11:12:26-07:00March 15th, 2019|Current News|0 Comments

Form 1040 Has Been Updated. Your Fort Collins Tax Accountant Provides Details

Form 1040, which many taxpayers use to file their returns, has been modified. This Fort Collins tax accountant is happy to report that it is much shorter. Now fitting on the front and back of half a sheet of paper, it is roughly the size of a postcard. Key Considerations with New Form 1040 As [...]

By |2019-11-21T11:12:26-07:00February 25th, 2019|Current News|0 Comments

What to Look for in an Accountant

The skill and integrity of your accountant are very important. The work that they perform and the guidance they provide has a direct impact on your financial wellbeing, and your financial wellbeing plays a major role in the quality of life that you enjoy. Consequently, it is critical that when looking for an accountant in Fort [...]

By |2019-11-21T11:12:26-07:00October 26th, 2018|Current News|0 Comments

Fort Collins Tax Accountant Sheds Light on IRS Phishing Scams

You’ve received an email that appears to be from the IRS requesting that you provide them with confidential information. Should you send them what they’ve asked for? As a Fort Collins tax accountant that has seen many of these kinds of requests, we can tell you that you definitely should not. The IRS makes it [...]

By |2019-11-21T11:12:26-07:00September 25th, 2018|Current News|0 Comments
Go to Top