Your tax liability refers to how much you owe the federal government in taxes, a number we’d all like to see reduced. At Denver Tax Advisor, our job is to review your financial situation and help you figure out how to secure the lowest possible tax liability. Our team is familiar with financial strategies that may help you reduce the amount you owe, meaning that you get to keep more of your hard earned money for yourself.
When a loved one passes away you don’t want to be burdened with figuring out final tax return requirements and how to file an estate tax return yet the IRS rules require it in a timely fashion. We will make this process and smooth as possible and prepare and file the Estate return while advising you on the moves to make to minimize tax. We also have a deep level of experience with Trust tax returns from simple to complex trusts and strategies around distributions and earnings to minimize the tax burden at the trust and pass-through level.
Personal taxes can range from simple to highly complicated. Whatever your situation our team is looking to implement appropriate strategies to reduce the amount you owe, putting more in your pocket at the end of the day.
Tax Preparation is a major specialty of Denver Tax Advisors. We build tax plans around maximizing the money in your pocket. No matter your question or concern, we are happy to explore solutions with you. Having an expert from our team of advisors puts the experience and resources at your fingertips or a phone call away. Explore our tax preparation services here and let us know if you have any questions.
Starting and running a small business can feel overwhelming in many regards. Let Denver Tax Advisor take the guess work out of planning and preparing your small business taxes in Denver. Our team of experts has the experience and knowledge to plan and manage your taxes, letting you focus on the other important aspects of managing and developing your business.
We have knowledge and experience about incentive stock options (ISO) non-qualified stock options (NSO), Restricted Stock Units (RSU), Employee Stock purchase plans (ESPP). We can help develop a strategy for when to exercise options, when to make 83(b) elections, how to minimize tax and pay long term gains, instead of ordinary income rates and when Alternative minimum tax comes into play (AMT).
We will help you establish the best entity type and structure for your business. We provide tax preparation for sole proprietors, limited liability companies LLC, S-Corps and C-Corps. As part of the tax preparation process we will review your situation and make any recommendations to optimize your structure or transactions to reduce taxes. We are well versed in the new tax law including QBI 20% deduction and section 199A and will stay on top of changes and IRS guidelines as this law evolves.
We have a deep knowledge base and experience in rental properties. Including investors that may have a portfolio of properties in various entities such as an LLC and also with short-term rentals such as those rented out on airbnb. In addition to preparing taxes we can give you advice on how to structure transactions, whether a 1031 exchange would make sense and understanding depreciation and capital gains.
Have you received a letter from the IRS? Has it been several years since you last filed a tax return? Is the IRS threatening to garnish your wages or put a lien on your assets? We are Enrolled Agents and can represent you in dealing and negotiating with the IRS. We can negotiate favorable terms for a payment plan or negotiate to settle for a lower amount in the right circumstances. The IRS can be a nightmare to deal with, let us work with you to cut through the bureaucracy and to stand up for your rights as a taxpayer under the law.