Reminder: Make Estimated Tax Payments by Jan. 15 to Avoid Penalties
If you underpaid taxes in 2024, consider making a fourth-quarter estimated tax payment by Jan. 15, 2025, to avoid penalties. The U.S. tax system requi
2025 Federal Tax Brackets Overview: Key Information You Need
The IRS annually adjusts over 60 tax provisions for inflation to prevent “bracket creep,” where inflation, not income growth, pushes taxpayers int
Strategic Tax Planning for 2025: How We Helped a Client Transform Their Financial Approach
Purpose This blog details how Colorado Tax LLC guided a professional through the complexities of modern tax regulations, showcasing the value of a professional income tax service in achieving financial clarity and success. From Confusion to Confidence—A Client’s...
Tax Fraud and Scams Online and Offshore: The IRS Dirty Dozen, Part 2
As part of the Dirty Dozen tax scams and fraud awareness effort, the Internal Revenue Service (IRS) encourages people to report individuals who promot
How to Prevent Costly Tax Return Mistakes
Preparing to file your federal tax return? Review some common mistakes people make and how you can avoid them this tax season.
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Tax Audit: How to Stop Worrying in Five Easy Steps
If you’re losing sleep over the possibility of a tax audit, put your mind at ease. Here are five reasons you might want to stop worrying.
The post Tax