Colorado1040

Colorado1040 Colorado1040 Inc is your local tax preparation and IRS tax problem professional tax and accounting f

02/06/2015

Turbo Tax has suspended sending returns to states because of security concerns. One more reason to use a professional!.

10/19/2014

IRS seems to be slowing down again on processing Offers in Compromise. Get your offers in sooner to beat the backlog.

10/18/2014

Congratulations Joe on being free from the IRS and your offer accepted!

10/01/2014

If you purchased health insurance through any of the exchanges, there will be a new form you have to bring from your insurance exchange before you can file your tax return. The form, Form 1095-A, lists everyone in the household who has coverage and what the government paid for each person in subsidies

10/01/2014

Generally, a taxpayer may not deduct personal, living expenses related to his or her residence unless a specific room or area of the home is exclusively and regularly used as the taxpayer's principal place of business.

09/30/2014

Over the past several years, the IRS has taken a strict approach toward automobile expenses by requiring a concurrent log to support them. The logs must contain not only information as to miles and business purpose but even odometer readings.

09/30/2014

Amazon.com to begin collecting sales tax in MN, other states will follow soon.

09/30/2014

In several recently issued private letter rulings, the IRS has ruled that, under Sec. 104, damages or other compensation related to physical injury can be excluded from the taxpayers' gross income.

09/22/2014

Phone fraud is increasing and people are posing as IRS employees. You will NEVER get a call unless you received a letter from them. Give no information and ask for their phone number and call us for verification.

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Broomfield, CO
80020

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