Blog
Weighing the Pluses and Minuses of HDHPs and HSAs for Businesses
Will your company be ready to add a health insurance plan for next year, or change its current one? If so, now might be a good time to consider your options. These things take time. A popular benefits model for many small to midsize businesses is sponsoring a high-deductible health plan
Colorado Improves and Streamlines Sales and Use Tax System
The Colorado Department of Revenue just overhauled their free Sales & Use Tax System (SUTS) to streamline the process statewide for sales and use tax returns and other tools. The system features include: Accurately look up sales and use tax rates by address Single point of remittance and a uniform
DWC Names Amber L. Elsberry, CPA, CGMA, as Financial Controller
DWC CPAs and Advisors is proud to announce the promotion of Amber L. Elsberry, CPA, CGMA, to the role of Financial Controller. Amber brings over 20 years of experience in public accounting to her role as Financial Controller at DWC CPAs and Advisors and DWC Wealth Advisors. Since joining DWC
Payroll Tax Compliance for Small Businesses
Staying on top of payroll tax compliance is non-negotiable for small businesses. A single misstep can result in hefty fines, strained employee relationships, and even legal trouble. Whether you’re managing payroll yourself or working with a provider, understanding the essentials can save you time, money, and a whole lot of
Estate Planning for Single Individuals: What You Need to Know
When most people think of estate planning, they imagine married couples or parents making arrangements for their children. But estate planning for single individuals is just as important — maybe even more so. If you're single and don’t have children, you may assume estate planning doesn't apply to you. The
You Might Need a CPA If…
Comedian Jeff Foxworthy is famous for his “You Might Be a Redneck If…” one-liners—but when it comes to your finances, there’s a more serious version to consider; you might need a CPA if… Do I really need a CPA? If you’ve ever felt overwhelmed by taxes, confused by business regulations,
5 Business Succession Options and Their Tax Implications
When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders or owners. Whether you’re ready to retire, you wish to step back your involvement or you want a solid contingency plan should you unexpectedly be unable to
Pros and Cons of a Revocable Trust
A revocable trust (sometimes referred to as a “living trust”) is a popular estate planning tool that allows you to manage your assets during your lifetime and ensure a smooth transfer of those assets to your family after your death. Plus, trust assets bypass the probate process, which can save
Claiming a Capital Loss Deduction
Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light of recent market volatility.) While such an investment might be something you’d rather forget, there’s a silver lining: you can claim a capital loss deduction on your tax return. Here
7 Common M&A Mistakes
This year, global merger and acquisition (M&A) volume is expected to surge to the highest level in four years, according to Reuters. M&As require thorough due diligence to minimize risks and maximize long-term value. Some business combinations fail to achieve expected results due to financial missteps, overlooked liabilities and integration