by kerstin@buhvdesigns.com | Jul 14, 2021 | Resources, Tax Management
Recently, there were changes made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit: Amount has increased for certain taxpayers Is fully refundable (meaning you can...
by kerstin@buhvdesigns.com | Feb 3, 2021 | Resources, Tax Management
This question comes up all the time… Is an individual taxpayer required to make estimated tax payments? We know that it is probably not a major disaster if you owe some money when you file your return in April. You get the use of your funds for as long as...
by kerstin@buhvdesigns.com | Jan 13, 2021 | Resources, Tax Management
A Developer Transition Audit is a special type of financial statement audit, required by Colorado law when a homeowner association moves out of developer control. This audit must be performed by a licensed CPA and is generally required to be paid for by the developer....
by kerstin@buhvdesigns.com | Jan 4, 2021 | Tax Management
Year-end is a good time to think about planning moves that may help lower your tax bill for this year and possibly next. Year-end planning for 2020 takes place during the COVID-19 pandemic, which in addition to its devastating health and mortality impact has widely...
by Kim Hitchcock | Nov 3, 2020 | Resources, Tax Management
Kim Hitchcock, CPA Today’s blog is going to talk about Homeowner Associations and taxes. Almost every Association has an annual filing requirement, even if they are registered as a nonprofit corporation, but not all income is subject to taxes. If, after reading this...
by Kim Hitchcock | Oct 15, 2020 | Resources, Tax Management
As we end October and move closer to the end of 2020, we wanted to pause to talk about an important issue in today’s world. Charitable contributions and how they can be doubly helpful to you and to your favorite charity. Many of you have reached out recently to ask...
