While every person is within their rights to represent themselves in a legal situation, it’s typically inadvisable. The legal system is built on a web of nuances and complexities that can be difficult for untrained individuals to navigate, frequently making professional legal counsel the difference in the outcome of your case. If you’re facing a […]
Businesses are just as susceptible to identity theft as private individuals. According to the Colorado Secretary of State, reports of business identity theft have been on the rise in recent months. But there are steps you can take to safeguard your business and be vigilant against any fraudulent activity. The best place to start is […]
Every new year brings change to Colorado’s employment laws and rules, and 2023 has already brought exciting headlines for minimum wage earners and private employees. Below are four of the biggest 2023 employment law updates that employers need to know about: Minimum Wage Increase Beginning January 1, the state increased the hourly minimum wage by […]
A number of Colorado House bills and rules were enacted toward the end of 2022 that will affect Colorado businesses in 2023 and beyond, from sales tax exemptions to cryptocurrency to special deductions and more. In case you missed one, here’s a recap of the bigger Colorado tax law updates to pay attention to as […]
It’s incredible how much life changes from year to year. The changes may seem small as they happen, but they can become massive transformations over time. This is especially true when marriages, divorces, births, and adoptions impact a family. That’s why reviewing your estate plan every year is especially critical. Doing so will ensure that […]
Through proper planning, a gift you choose to leave can be encouraging, inspiring, or even life-changing. There are several ways to leave behind gifts through estate planning for causes you care about. Here are some ways you can choose to give and some key things you might want to consider. A Specific Bequest for Your […]
States are moving at an unprecedented speed to respond to the $10,000 federal cap on deducting state and local taxes. Many are offering what’s known as optional pass-through entity tax status as a workaround. For those who form eligible pass-through entities, this tax status allows individuals to deduct state taxes for federal tax purposes. It […]
Sometimes, even a bad investment can be a good thing. That’s because there’s a practice called tax-loss harvesting. Tax loss harvesting is selling off poorly performing stocks at a loss to offset capital gains made from better-performing stocks. Tax-loss harvesting might be a boon for your tax picture now and down the road. The process […]
In 1970, when Congress passed the Racketeer Influenced and Corrupt Organizations Act (RICO), most Americans were familiar with the famous movie mobster Rico Bandello from the film Little Caesar, one of the first “talkies” ever made. The Act was cleverly named after the mobster and was initially used to weaken the Gambino crime family. In […]
Businesses risk a great deal when they share their trade secrets with employees or other individuals and entities—like franchises, business partners, or potential buyers. These trade secrets can be the lifeblood of a company. What happens if one of those individuals or entities walks away with a client list, a secret recipe, or a cutting-edge […]
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