Colorado Business Accountants

A word on success, for small business owners (which applies to most people who don't own their own business as well):

Many business owners hold themselves back through improper or insufficient delegation skills. Simply put: It's likely you spend too much time on activities easily handled by somebody else.
There's one major place small business owners get hung up that will keep you "running a business" instead of *owning* a business -- and that's investing in the support staff you need to take some of the heavy administrative and marketing burdens off your plate.

This concept trickles down to areas of your personal life as well. Even if you're not a business owner - are you feeling pressed to find the time to play soccer with your kids, or spend time on the creative outlet that makes you feel alive? It very well may be worth it to hire out your lawn care, or house cleaning, and free up that precious space in your schedule.

When it comes to giving pets a foster home, the tax court says you get to deduct associated expenses. How about that: did you ever imagine yourself deducting cat food on your tax return? This is just one example of the sorts of deductions most people miss when they file their taxes, simply because they don’t know to look for them. Find out what else to look for (and benefit from) at tax time by grabbing our FREE eBook right here.

Lou J. Arellano's Free Tax-Saving Report - Lucero Tax & Accounting The top money-saving IRS secrets for Denver families and businesses.

The key to personal productivity might just be the answer to the question of "When" you should work. Here's a fascinating insight into how different people's internal wiring makes them productive at different times of the day. When's your best work time?

How To Figure Out Exactly What Time Of Day You’ll Be Most Productive The secret to why it takes you 20 minutes to respond to one email after lunch may lie in your chronotype–here’s how to hack it.

"If you want to lift yourself up, lift up someone else." – Booker T. Washington

What if we all made that a goal this week? Especially in a place where you feel particularly insecure - be it the office, or the gym, or even in your close friend group. Try out taking your eyes off yourself and encouraging someone else's success - it's more powerful than you might think.

A reminder for our business clients whose establishments deal with tips:

Form 8027 (Employer's Annual Information Return of Tip Income and Allocated Tips) is due this Monday (April 2), if you file this electronically.

With the tax deadline looming, many Americans are now rushing to file their taxes on time, but overlooking key money-savers in the process. It’s easy to miss deductions and credits that you’re due, when they’re hidden under technical verbiage and IRS-language. We’ve put together this FREE report on a few key deductions that are easy to miss. We want you to come out of tax time confident that you’ve gotten every benefit you could.

Lou J. Arellano's Free Tax-Saving Report - Lucero Tax & Accounting The top money-saving IRS secrets for Denver families and businesses.

The CEO of Amazon has an interesting rule about meetings: they should never have more attendees than can be fed with two pizzas.

For small businesses, the number of attendees may not be the issue, but the concept is important all the same. Don't have meetings for meeting's sake, and only involve people who absolutely must be there. There's a good chance a full meeting isn't the answer to the question you're facing.

Deadline alert: April 1 is the last day for most retirees who turned 70.5 in 2017 to take a required minimum distribution (RMD) from IRAs and employee-sponsored retirement programs.

If you haven't already gotten this disbursement, this is the week to make a few calls and be sure it's setup to come to you by Sunday.

If you haven't filed your taxes yet...well, first of all, give us a call because time is running short.

If you haven't filed yet, now is the moment to take stock of the forms you've received from employers. You need to have a W-2 from *every* business you worked for as an employee in 2017, even it was only for a short time. If you worked as an independent contractor and made more than $600, you should have a 1099 form from each of those income sources.

If you don't have those important documents in your hands yet, then you need to call your employers and get a copy, ASAP. You can call us in the meantime to get the preparation process started, but we'll need those forms to be able to finish.

At a little past the half-way point of the week, are you needing a little extra caffeine? If you plan to stop into Starbucks (or your favorite coffee shop), there are few ways to make your dollar go a little farther and still get the wake up you need.

Starbucks Hacks! Starbucks Hacks: 5 Starbucks Coffee Money Hacks Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmat...

It's March 21, which means we're exactly 27 days out from the IRS deadline for receiving your tax return.

We've talked to many clients who intended to get their taxes done early - remember that end-of-February goal you may have had too? Perhaps this Winter was particularly busy, or the beginning of March has flown by... Whatever the reasons, if your taxes haven't been done, NOW is the time. Though our schedule has definitely filled up quickly, we have a few more open slots to help clients this week. Give us a call to get this *important* to-do crossed off your list.