Tag: taxes

Gambling, Wins and Losses What happens in Vegas, stays in Vegas.  Unfortunately, the IRS tends to disagree with that sentiment, especially when it comes to your taxes.  Whether you are a consistent gambler or your winnings (or losses) are the …

Gambling With Your Taxes Read More »

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Over the summer months, some people might travel to participate in charity work.  Not only is that a wonderful, selfless contribution to society, but it could also be tax deductible!  For the purposes of this blog we will not be …

Taxes and Traveling for Charity Read More »

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Summer Jobs and Taxes A summer job is a rite of passage for most teenagers.  It gives a taste of responsibility, builds character, and most importantly- extra spending money.  The lure of making extra money in the summer is quite …

Teens And Taxes- What You Need to Know Read More »

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  An unexpected call from the IRS trying to collect back taxes is never fun, and recently, it became more likely.  In December 2015, the IRS started to use four private collection agencies (CBE, ConServe, Performant, and Pioneer) to collect …

Owe Back Taxes? PCAs, Tax Scams, And You Read More »

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The tax filing season is coming up quickly! It isn’t too early to start thinking about the health care law and how it affects your taxes. You may qualify for an exemption. The Affordable Care Act has put certain requirements …

Health Care Law and Your Taxes Read More »

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As 2016 is quickly drawing to a close, we are preparing for another busy tax season. In just a few more weeks, it will be time to begin gathering all of your important papers. Employers will be mailing out the …

Tax Questions Common During Tax Season Read More »

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Colorado has led the nation on a number of issues over the years. We were among the first to legalize marijuana, and now Amendment 69 aims to provide Coloradans with state-provided health insurance. This amendment, known as ColoradoCare, leaves a lot …

Amendment 69: Benefits vs. Costs Read More »

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You’ve probably heard of the Taxpayer Bill of Rights before, sometimes referred to as TABOR. But do you know what it is, exactly? To put it into layman’s terms, it’s essentially a contract which limits the growth of government in …

Taxpayer Bill of Rights -TABOR Read More »

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 Most of us are familiar with the saying, “buyer beware”. We usually know that a product offered to us at a price that seems too good to be true, or a product of higher quality than what we are paying …

Beware: Newest Tax Scams Read More »

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Charity and donations are a good tax write off. When making gifts to charity, keeping good records is key to qualifying for the full charitable contribution deduction allowed by law. Donors must get a receipt from the charity for all donations …

Charity and Donations: Why Good Records are Key to Claiming Gifts Read More »

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