Choosing the form of entity of your business (e.g. “S” corporation, sole proprietor, limited liability company . . . ) is a crucial decision that can have longstanding TAX implications, positive or negative. I can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous business form for your company.
I prefer to take a proactive vs. a reactive approach to tax services. By keeping current on new tax laws and legislation, I am in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. I provide my individual and business clients with the taxation expertise and knowledge that they deserve throughout the year.
Where will your retirement money come from? If you are like most people, qualified-retirement plans, social security, and personal savings and investments are expected to play a role. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources.
Karen has been in the public accounting and financial planning business for over 30 years and is a licensed Certified Public Accountant (CPA) and Certified Financial Planner (CFP®). She prepares individual returns, business tax returns, estate returns, gift tax return, and does business consulting for small and medium sized businesses.
Insurance transfers the financial risk of life’s events to an insurance company. A sound insurance strategy can help protect your family from the financial consequences of those events. A strategy can include personal insurance, liability insurance, disability insurance, long term care insurance and life insurance. It is important to protect your family and assets with the proper insurance protection and I can help you with the necessary decisions to protect both.
To run and maintain a successful business, you need to be able to know exactly how much money you have and how it is being spent. This knowledge allows to plan for the future so you can continue to expand your business without overreaching and potentially running into fiscal trouble.
Investigate all the programs that are available that allow you to begin planning for your child's advanced education. save for college
Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death.
Opening a Health Savings Account (HAS) can be an important tool or tax and financial planning.
Karen is a long time resident of South Jefferson County and is active in her church and community. She has been involved in the income tax and financial planning industries for over 30 years assisting individuals and small businesses with tax planning and preparation. She realizes that managing your income tax and financial life can be as complicated as running a small business. She attempts to remove the confusion resulting from the Federal and Colorado income tax provisions. Her guidance can help you through the rough waters of the income tax and financial decisions that you face.