Section 179D Deduction Set to Expire Mid-2026

Construction companies planning on energy-efficient commercial projects are approaching a key deadline. The Energy Efficient Commercial Building Deduction under Section 179D expires for projects that begin construction after June 30, 2026.
Firm Promotes Krystal Kowall to Shareholder

The firm is pleased to announce the promotion of Krystal Kowall, CPA, to Tax Shareholder.
The Role of Business Valuation in Gift Tax Reporting and Planning

What is the role of business valuation in gift tax reporting and planning?
IRS Releases New Guidance on Form 1099-K

The IRS has confirmed that third-party payment platforms such as PayPal, Venmo, and Etsy will issue Form 1099-K only when total payments exceed $20,000 and the number of transactions exceeds 200. The guidance, released in October 2025 under the One Big Beautiful Bill Act (OBBBA), restores the higher reporting threshold that existed before 2021 and reverses the temporary $600 limit.
Business Valuation Essentials for Oil and Gas Companies

The oil and gas industry has always been defined by change. Markets rise and fall, reserves are developed and depleted, and companies make decisions with long-term consequences in an uncertain environment. In this setting, understanding the value of a business is both essential and challenging.
Qualified Business Income Deduction Made Permanent Under OBBBA

The Qualified Business Income (QBI) deduction has played a major role in tax savings for pass-through business owners since it was introduced under the Tax Cuts and Jobs Act (TCJA) in 2018. But until now, its long-term future was uncertain.
Business Valuation Essentials – Real Estate Companies

In Summary Determining a commercial real estate company’s value requires a combined approach using the income approach (capitalizing Net Operating Income, or NOI), the sales comparison approach (checking against comparable sales), and the cost approach (replacement cost, especially for new or specialized assets), with a combination of these methods typically applied. Beyond property value, a […]
Choosing a Business Valuation Professional

In Summary Valuation is a Strategic Process Based on Three Core Methods: Business valuation determines a company’s worth using the income approach (future earnings), the market approach (comparing to similar sales using metrics like EBITDA), or the asset-based approach (valuing net assets), with the choice depending on the business’s structure and available data. A Thorough […]
How to Value a Construction Business

What is a construction business worth? The answer isn’t as simple as adding up revenue and equipment. Business valuation takes a broader view, assessing profitability, assets, industry conditions, and long-term growth potential.
Delays in Filing 2024 Colorado Tax Returns

Many Colorado taxpayers are wondering why the Department of Revenue has yet to accept 2024 tax returns. The e-filing system that is used to submit individual, business, and fiduciary returns has been unavailable since mid-January.