Tax Services

When it comes to the world of taxes, preparation and planning go a LONG way. We have the expertise and knowledge you are looking for in a tax professional and can help you navigate your options.

We’re happy to help you with any of these services:

Tax Preparation

Stop missing out on potential deductions that could be saving you big money!

Tax Planning

Real strategies and solutions to help you minimize your IRS liability.

Solving Problems in Denver Businesses with Effective Solutions

There's this idea out there among many wannabe Denver business owners that they have to come up with the next completely fresh idea in order to have a great business. Shows like Shark Tank (which I love) go towards creating this kind of mindset -- although the sharks...

A Guide to Paycheck Protection Program Loans for Denver and Castle Rock Businesses

This is a very important message, and I'd like you to read it carefully.Here at Team Trace Financial, we have been walking closely with our Denver and Castle Rock business owner clients (and many, many new business owners who have been reaching out) to cut through the...

COVID-19 Updates For Denver and Castle Rock Business Owners

How are you holding up? If you haven't yet done so, please do shoot me a quick note to let me know how your Denver and Castle Rock business is managing. Depending on the situation, I have lots of ways to help ... some of which I'll give you details about today. I will...

Why Price Reductions are Bad Positioning for (Almost) Any Business

Our hearts remain with those in Houston and, now, South Florida, who has been dealing with such a massive disruption of their lives -- and during a time of year that is already one of the busiest. The IRS has set up a "catch all" page for those cleaning up from...

A Big IRS Update For Denver and Castle Rock Businesses On Using The PPP Loan Funds

Well, if you were wise, you probably saw this coming.Turns out ... if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan ... are not deductible for Denver and Castle Rock businesses.Ouch.The IRS just released new guidance to...

Big PPP Loans Forgiveness Update From The IRS For Denver and Castle Rock Businesses

Are you tired of talking and thinking about the PPP? Because I'm tired of talking and thinking about the PPP.That said -- this program has been a lifesaver for a variety of my Denver and Castle Rock clients, and it has provided a great shot in the arm for others.And,...

Three Keys To Shorter Meetings For Your Business

Last week I wrote about working less and testing the 80/20 hypothesis for your Denver business work cycle. I'd love to know if you had a chance to consider putting this into practice, send us an email using the email icon at the top right-hand corner of our site when...

Should Your Denver and Castle Rock Business Consider Returning The PPP Loan?

There has been a lot of recent chatter about the PPP money, who got it, who didn't, and even if some Denver and Castle Rock companies should pay it back.Well, I have some thoughts on this for you today, but ultimately, you will have to be the one who makes this...

Keeping Your Business Focused On Revenue Growth and Customer Retention

We've been talking about meetings, efficiency, and how Denver small business owners simply have to stay laser-focused on tasks that will bring them and their business towards actually achieving their goals. Especially with all of the political and cultural chaos we're...

The New Stimulus Bill Has Huge Impacts For Denver and Castle Rock Businesses

Some huge news is happening for Denver and Castle Rock business owners, that I'm sure you've heard rumors about, so I wanted to reach out to you quickly with some first-blush details. I also wanted to offer this: If you have business associates or friends who need...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!