Blog
Scam Warning! Intuit QuickBooks Support
Businesses should beware when searching online for QuickBooks support. Scammers posing as Intuit employees are posting fake phone numbers and contact information pretending to offer support services. When businesses call, the purported tech support person (oftentimes located outside the US) asks to remote login to their computer to take a
Dalby, Wendland & Co., P.C., Recognized as Top Colorado Accounting Firm and Regional Leader
Dalby, Wendland & Co., P.C., was recognized as a Top Colorado Accounting Firm and voted by the public as Best Local Accounting Firm Runner-Up by ColoradoBiz Magazine, and a Top Regional Firm in the Mountain States Region by Accounting Today. The Top Colorado Accounting Firms are ranked by number of
Bowling for the Pro Bono Project
DWC would like to thank the organizers of the “Big LawBowlski” bowling tournament benefit for the Pro Bono Project of Mesa County. DWC’s Kelsa Frary, Sabrina Hoyt, Ray Buttermore, Jackson Harris, and Donna Hardy had a great time at the event! All proceeds support low cost legal services for
Supporting Entrepreneurs
DWC would like to thank Colorado Mesa University for great presentations by keynote speaker George Gillett and student entrepreneurs at this year’s Entrepreneurship Day Luncheon. We also congratulate GeoStabilization International for receiving the Excellence in Entrepreneurship Award.
Federal Tax Credits for Green Vehicles
If you opt to purchase one of these energy-efficient vehicles, you may qualify for a federal income tax credit in 2015 and 2016: Fuel cell vehicles. You can claim a credit for a qualifying vehicle that's propelled by chemically combining oxygen with hydrogen to create electricity. This credit expired at
What to do with Your Health Insurance Documents
This year is the first time persons with health care coverage will receive information forms. If you received Form 1095-A (Health Insurance Marketplace Statement), Form 1095-B (Health Coverage), or Form 1095-C (Employer-Provided Health Insurance Offer and Coverage), then you will need to keep it and any additional health care records
Medical Expense Deductions
When thinking of tax deductions one thing you might want to consider is medical expenses. The medical deduction can only be claimed to the extent your unreimbursed costs exceed 10% (7.5% if you or your spouse have reached age 65) of your adjusted gross income (AGI). Medical costs that exceed
Tax Breaks for Higher Education Costs
If you, your spouse or your dependent(s) are taking college or vocational courses, you may qualify for a tax credit or deduction. Here are some of the qualifiers: The American Opportunity Credit (AOTC): Provides up to $2,500 per eligible student earning a degree or other recognized credential. Can
Taxable vs. Nontaxable Income
Most income is taxable, unless specified by law. Here are some basic rules for filing your tax return: Taxable income includes: All money you earn such as wages and tips, Bartering; the fair market value of property or services received is normally taxable, Life insurance policies redeemed for cash (taxed
IRS Scams on the Rise
Coloradoans are receiving bogus phone calls and emails from scammers pretending to be from the IRS. They are looking to con you out of money and your identity. The phone calls and emails may seem valid because scammers are imitating the IRS phone number, logo, and website. Be prudent if