Track Records Having a side hustle is nothing new. People have worked multiple jobs for years to either help pay bills, save extra money, or learn a new skill. COVID-19 expanded upon the gig economy as it presented opportunities for people to pick up extra remote work...
Tax season is confusing, especially for business owners who continue to understand tax deductions for which they are eligible. The Employee Retention Tax Credit, or ERTC for short, was a policy created to aid business owners in their retention of employees during the...
Nowadays, multi-level marketing companies are everywhere. Whether MLM is your side hustle or a full-time gig, understanding the tax implications and deduction possibilities is critical to avoid tax audits, penalties and fines. Defining Multi-level Marketing –...
Every tax season, we meet with small Colorado business owners to discuss ways they can reduce their taxes. Our tax strategies help owners take advantage of available credits and deductions while managing the timing of their revenue and expenses. We often find that...
The Setting Every Community Up for Retirement Enhancement Act was initially passed and signed into law in December 2019. The bill addresses several changes our country needs to support our long-term retirement system. Unfortunately, it didn’t provide enough...
Tax accountants do more than file taxes or manage client tax matters. They are small business advisors that improve productivity and profits. Tax accountants learn every business detail to prepare your company’s tax compliance reports, payroll, bookkeeping, budgeting...