BOLO: Watch for Scams This Tax Season
Love it or hate it, tax time is fast approaching. As you gather your various business documents to turn in to your Fort Collins tax service, you feel the pressure – are you forgetting anything? It’s like going on a family vacation. Did you remember to turn the thermostat down? Is the garage door still open? Did we remember to turn off the coffee pot? Maybe you’re doing it yourself r...
Most Common Bookkeeping Mistakes
It’s a very common problem – you’ve started a business, gung-ho to be successful as quickly as possible, but you overlooked the fact that there are many little tasks you have to consistently tend to in order to achieve that dream of success. Some put aside one of the most important tasks: bookkeeping. Many think they can just start it up later, but later never comes. That’s th...
3 Simple Ways to Bring Back Your Passion for 2015
While many are busy making resolutions regarding their lives – maybe quitting smoking or hitting the gym more often, or eating better – you’re too busy trying to get your small business off the ground. You’ve been working tirelessly alongside your Fort Collins CPA all year to make this venture an absolute success. How’s it coming? You might not have realized that this would be...
5 Tips to Get a Handle on Your Schedule
There are 24 hours in a day. As a small business owner, you are constantly trying to squeeze as many activities into your day as humanly possible. This can oftentimes mean burning the midnight oil, but is that wise? Our brains require the right amount of sleep to function at maximum capacity, so if you get in the habit of tying up your loose ends throughout the night, retiring sometimes as late...
Health Care Deduction Details
This year marks some major changes to healthcare plans. With the healthcare reform law in full effect, there are some things that you need to know about claiming your health care insurance on your taxes. What to Claim It is mandatory for all Americans to have some kind of health care. If you do not have a health care plan through an employer, Medicare, or Medicade, you must purchase a new plan ...
Ways To Get Paid
Starting a small business can be very exciting. But there’s one thing that you may not have learned about in any seminar or book. It’s not always easy to get paid. This is especially true if your small business is of the freelance or contracting sort, or if you simply aren’t keeping a close eye on your accounts. Since getting paid means staying afloat, here are some ways that you can make sure ...
Charity Deductions: The Details
Donating money to any charity is a really good thing, but don’t expect all of the donations you make to be tax deductible. In some cases, a donation might not be deductible at all, and in other instances a donation has to come with the right paperwork in order for your Fort Collins CPA to list that deduction. Here are some things about charitable deductions that you need to know before you deci...
The New Home Office Deductions
Did you know that roughly three-million Americans work from home as freelancers or contractors? If you are one in three million, you should know that the tax rules for home office deductions have changed. Take a look at the new rules below. Under the new ‘Safe Harbor’ law, freelancers can now claim $5 per square foot, and up to 300 square feet when it comes to home office space. If you work fr...
