4025 Automation Way #D1 (Map)
Fort Collins, CO 80525
Phone: 970-226-4686
It is that time of year when employers want to provide gifts to their employee’s. It is important to note what the IRS says about employee gifts and in my opinion it isn’t very pretty or realistic. The IRS says that if, as a means of promoting goodwill, an employer makes a general distribution of […]
View Post Employee GiftsRecently a client brought in a very official looking document from Compliance Services. It was requesting that they send in the corporate officer names, corporate director names and shareholder names. It has a reply by date and a request for $125. Most disturbing of all was it cited Colorado Revised Statues making you think you […]
View PostI thought now might be a good time to remind everybody to not send sensitive information through emails. When I am preparing tax returns I will start a list of missing items in the form of an email. It is how I keep track of what I am missing. Then I email the list of […]
View Post Secure File, SharefileLast week I showed you which provisions were no longer available in 2012 and now I want to show you what is set to disappear in 2013. The 10% bracket disappears (the lowest bracket is 15%) The top four brackets rise from 25%, 28%, 33% and 35% to 28%, 31%, 36% and 39.6%. Long-term capital […]
View Post 2012 Expiring Tax ProvisionsLet’s face it Congress hasn’t agreed on anything for the last couple of years and this is an election year so I wouldn’t look for any decision to be made on the expiring tax provisions in 2012 until the 11th hour sometime in late December. Making it yet another difficult year for tax planning. I […]
View Post Expired Tax ProvisionsNoCo CPAs will not be at the John F. Kennedy address as of September 18th, 2012. Our new address is 736 Whaler’s Way. We are in Building G, suite 202. From our old office you will take a left on Boardwalk and turn left into the Boardwalk Office Park condo’s across the street from the […]
View Post NoCo CPas new addressI am sure you have all heard that the Supreme Court upheld the constitutionality of the Patient Protection and Affordable Care Act, affectionately called ObamaCare. Many of the provisions have already been implemented but the big ones are waiting for business infrastructure to be in place in order to track them. So let’s see what […]
View Post ObamaCareI recently attended a class on sales and use tax and thought it might be a good time to discuss this complicated issue. I’d like to make you aware of a few things that you may not know about sales tax. If you own a store in Fort Collins, Colorado and you sell an item […]
View Post Internet Sales, Nexus, Sales Tax, Use TaxI recently attended a class on Health Savings Accounts and was reminded why I like them so much. They are one of the few tools the IRS provides that are actually useful for everyone to use. The following are some reminders about why they are so useful. • You need a high deductible health plan […]
View Post Health Savings Account, HSA, Medical Expenses, ObamaCareBike to work day is coming up on June 22nd. Questions arise this time of year and especially in Fort Collins if mileage on a bicycle can be deducted the same as mileage on a car. Several of my Fort Collins business owners ride their bikes to work and visit their client’s on bicycles. They […]
View Post Bicycle commuting, Bike Mileage Deduction, Bike to work day, Fringe Benefits