Correction: The date of the first event (Employee Retention Credit Q&A) has been corrected to November 9, 2021.
In This Newsletter
  • Tax news
  • Remembrance of David Riposo
  • Upcoming events (CPE, laughs/fun, and more)
  • A request from the COCPA CPE Board
  • Tax job postings and market insights
  • Birthday wishes
  • Thank you to our readers and sponsors
Tax News
On November 5, 2021, Congress passed the Infrastructure Investment and Jobs Act (H.R. 3684). This bill is expected to be signed by the President and enacted into law. Among several tax provisions in the bill, two of the most significant are information reporting requirements for digital assets such as cryptocurrencies and NFTs and an early end to the popular employee retention credit (ERC).

Digital Asset Reporting Requirements
Effective for filings after December 31, 2023, Sec. 80603 of the bill expands both the definition of “broker” and reporting requirements for brokers related to the transfer of digital assets with value. This is expected to be a revenue raiser as it will bring more digital asset transactions to light.

Early End to the ERC
Despite communities going into government ordered shutdown again, Sec. 80604 of the bill ends the ERC on September 30, 2021, for all but recovery startup businesses. What this will mean for businesses that have already reduced payroll taxes and filed Forms 7200 for the fourth quarter of 2021 is unclear. 
Remembrance of David Riposo
Our hearts were broken when we learned that David Riposo, the beloved husband of FTL Board Chair Magnolia Movido, and former CFO, passed away after a two-year battle with brain cancer on the morning of November 1, 2021. David was know for his quick intelligence, generous nature, infectious smile, and devotion to family, including five children Carmela, Amanda, Trajan, Tiara, and Toni.

Click HERE for more information about David, to leave a message for his family, and service details.
Upcoming Events
Employee Retention Credit Q&A
This generous payroll tax credit has been a source of cash keeping employers afloat during the pandemic. If the revenue or operations of one or more of your favorite businesses have been impacted by the pandemic - even if they've been thriving financially - this session is for you. Bring your questions. On LinkedIn Live, Nov. 9, 10-11 AM (MST). Click HERE for more.

Tips for Effective Communication with the IRS During the COVID-19 Pandemic
Save the date! Delivered by Olena Ruth, a tax attorney with ten years of experience in tax controversy and solo law practice, Ruth Tax Law, on Nov. 17, 1-3 PM (MST) via Zoom. Qualifies for 1.0 CPE and CLE credit hour. Free for members, $10 for non-members.

Return of the Influencer Series – You can join the conversation!
Rescheduled from October: How to Protect Your Company (& Sanity) from a Psychopathic Executive – a conversation with and strategies from The Psychopathic CEO author, Jack McCullough. On Clubhouse: The Social Audio App, Nov. 30, 10-11 AM (MST). Contact to request an invitation to join Clubhouse.

Watch for more announcements and event page links in upcoming weeks.
Value Culture's The Bark Mitzvah
There comes a time in the life of a puppy when they become a dog. If you're in the San Francisco Bay Area, enjoy this fun, interactive mix of culture, art, and pets on Nov. 12 - 13, 1-6 PM (MST) at Haight & Ashbury. Click HERE for more.
More Education:
FEI San Francisco Bay Area
Evaluating Finance Systems (EPMs and ERPs):Finding What's Best for Your Company. Moderated by Glenn Snyder, senior FP&A executive. Panelists include Ed Bondoc - Vice President of Product and Consumer Marketing, Planful, Nate Mariner - Senior Manager, Product Management, Oracle, and Steve Snell - Director of FP&A Systems, Digital Realty (NYSE:DLR). Up to 1.5 CPE hours, virtual, Nov. 9, 6-8:15 PM (MST). Click HERE for more.

FEI Colorado
Monthly Chapter Dinner And Professional Development featuring Topic: Natural Leadership: Our Default Setting by eff Kinsey | Founding Partner | The Logos Group – up to 2.0 CPE hours at the Baldoria on the Water, Nov. 18, 4-7 PM (MST). Click HERE for more.

IMA Denver Centennial Chapter
Revenue Recognition by Kelley Olds, CPA, CGMA and Amanda Gildea, CPA - 1.0 CPE hour, virtual, Nov. 29, 1-2 PM (MST). Click HERE for more.

Sales Tax Institute
Headaches No More: Alabama, Colorado & Louisiana Local Tax Deep-Dive by Will Thistle, Partner, State and Local Tax Practice Group, Bradley Arant Boult Cummings LLP; Stacey Roberts, Director, SALTovation Team, TaxOps; Jaye Calhoun, Tax Partner, Kean Miller LLP; Diane Yetter, President & Founder, YETTER Tax and Sales Tax Institute – up to 1.5 CPE hour, virtual, Nov. 30, 11 AM - 12:30 PM (MST). $175. Discount code taxforward2021 for $10 off. Click HERE for more.

CFO Leadership Council
The War for Talent. Up to 1.5 CPE hours, virtual, Dec. 2, 10-11:15 AM (MST). Click HERE for more.

Sales Tax Institute
Sales Tax Issues and Exciting Exemptions for Manufacturers by Diane Yetter, President & Founder, YETTER Tax and Sales Tax Institute – up to 1.5 CPE hour, virtual, Dec. 16, 11 AM - 12:30 PM (MST). $175. Discount code taxforward2021 for $10 off. Click HERE for more.
Request from the COCPA CPE Board
The COCPA CPE Board is considering offering an unlimited CPE subscription that would include access to conferences, seminars, webcasts, webinars, and on-demand programs for one annual price and invites you to share your thoughts by responding to a one-question survey. Click HERE to complete the survey. 
Employers and managers, keep your good people if you can. In this market, it may be expensive to replace them. One manager lost a recent college graduate to another firm willing to nearly double that employee's salary. Here's more from Jay McCauley of Oxford Tax Recruiting:

" have a bonafide [sic] labor shortage in tax.

"For employees this translates into more power. Power to seek increased compensation, power to find the right mix of in-office and remote work and power to be selective in a job search. Employers, on the other hand, are scrambling to keep up with the salary demands of both new hires and their current employees. They are trying to navigate the issues of employee “workplace” and doing all they can to fill positions in a hyper competitive market." Click HERE for more.

Part of the Great Resignation? Check out these opportunities brought to you by Lew’s List. Must be a subscriber to access these listings.

·       Tax & Operations Specialist, Wealth Management, Colo. Springs CO
·       Entry Level Tax Staff, Public Accounting, various locations CO
·       Tax Specialist, Public Accounting, Lakewood CO
·       Tax Senior, Public Accounting, Denver CO
·       Tax Senior, Large Company, Denver CO
·       Tax Senior, Accounting Firm, Boulder CO
·       Senior Tax Associate, Accounting Firm, Boulder CO
·       Part-time Remote Tax Manager, Service firm, Remote
·       Tax Manager, Public Accounting, Lakewood CO
·       Tax Manager, Public Accounting, Boulder CO
Happy Birthday, from all of Us to You!
We wish a very Happy Birthday to all November babies, with a special shout out to the following people! We hope your special day is full of happiness and lots of treats! Let's celebrate all month long!

  • Alice Nolen
  • Kate Stodola
  • Lisa Weiss
  • Louis Cole
  • Matt Ehrlich
  • Ruba Nasrallah
Let us celebrate your birthday together. Send us your name and the birth month no later than a week before the beginning of your birthday month to for a special shout out. 
Thank you to our readers and partners!
We wouldn't be here without your support. In gratitude, the first 10 newsletter subscribers to send an email with "GIFT" in the subject to may select a book signed by the author.