Denver Tax Return Advice and Guidance Article by Joshua Berman
New Tax Law
No doubt you are aware of the tax reform bill that passed Congress and was signed into law by President Trump in late December. You may be wondering what it means for you and your business. Below I share some highlights of the new law. Overall, the changes cut taxes...
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Claiming The Earned Income Tax Credit and Why You Should
Low and Moderate-income earners with and without dependent children are eligible to benefit from the Earned Income Tax Credit, also known by its acronym EITC. Certain requirements must be met to qualify for EITC such as filing a tax return irrespective of whether you...
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What You Need to Know About the Self-Employed Health Insurance Tax Deduction
Many people don’t realize that if they are self-employed, they may be able to deduct premiums paid for dental, medical, and qualifying long-term care insurance coverage for themselves, their spouses and any dependents. If you are self-employed, this is a deduction that you certainly want to take advantage of.
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Understanding Depreciation And How It Helps Your Denver Business
When I prepare a tax return I depreciate items if they meet the following 5 tests:
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The Advantage of working with an IRS Enrolled Agent
What is an Enrolled Agent? Is it the same as a CPA (certified public accountant)? Can an Enrolled Agent (EA) do taxes? Sign financial statements? Represent clients before the IRS (www.irs.gov) and the state departments of revenue?
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The top four reasons you need an Enrolled Agent to do your taxes.
There are many reasons why you need an Enrolled Agent to draw up your tax return in Denver, here are the top four.
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