TAX REFORM: More Jobs | Fairer taxes | Bigger Paychecks

By Loni Woodley | October 18, 2017 | 0 Comments

President Trump has laid out four principles for tax reform: First, make the tax code simple, fair and easy to understand. Second, give American workers a pay raise by allowing them to keep more of their hard-earned paychecks. Third, make America the jobs magnet of the world by leveling the playing field for American businesses…

Trump Proposes the Most Sweeping Tax Overhaul in Decades

By Loni Woodley | October 18, 2017 | 0 Comments

President Trump on Wednesday began an ambitious push to slash taxes and salvage what remains of his embattled legislative agenda in Congress this year, proposing a politically challenging array of tax cuts for individuals and businesses that would constitute the most sweeping changes to the federal tax code in decades. Read the full NY Times…

Equifax Data Breach – Please Read and Share

By Loni Woodley | October 18, 2017 | 0 Comments

By now you have probably heard about one of the largest data breaches in US history – the Equifax data breach. If you have a credit report, there is a good chance that you are one of the 143 million American consumers whose sensitive personal information was exposed. As a client of ATLAS CPAs &…

Colorado Regulations on Electronic Documents and Record Retention

By Loni Woodley | October 22, 2015 | 0 Comments

  Electronic Documents and Record Retention A frequent question that we receive from clients with Colorado businesses is what are the federal and Colorado rules related to record retention and electronic document storage and retrieval? Federal law states that all taxpayers subject to income tax must keep books and records that are sufficient to establish…

Year End Tax Planning with Fixed Assets

By Loni Woodley | September 24, 2015 | 0 Comments

Year End Tax Planning with Fixed Assets As 2015 comes ever closer to an end, it is time to consider your tax planning options for the remainder of the year.  One aspect of tax planning for a business is how to account for fixed asset purchases in the most tax efficient manner.  There are several…

Checkups for Small Businesses

By Loni Woodley | May 30, 2015 | 0 Comments

Like individuals, businesses might want to tackle these finance-related projects early in 2015: 1. Renegotiate your lease. You may be overpaying rent if you signed your lease five (or more) years ago. If your current landlord isn’t willing to renegotiate the lease terms, consider switching to another location with lower rent, more usable space or…

3 Financial Metrics for Business Success

By Loni Woodley | May 25, 2015 | 0 Comments

There is a large amount of data available to help you more effectively manage and grow your business. But, how do you know which numbers to crunch, and what the data is telling you? While it’s true that the importance of certain financial metrics will vary depending on your industry, there are three important financial…