Certified Public Accountants
   Tax Time Again!
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TAX DEADLINES: We should have all your information for the September 15 filing deadline for LLCs, partnerships and S-corporations.  For the October 16 filing deadline for individuals, we need all your information by September 15.

PLEASE NOTE: To help protect your security and ours, do not email your financial documents to us. We have added the following reminder to our email signatures:

Please do not send your sensitive documents by email , as they can be infected, intercepted, or corrupted. The security of our clients is a top priority; therefore, we strongly recommend using our online PORTAL  for sending us your information.

Tips for submitting your information
 
Accountant Tip of the Month

This new series will feature one of our accountants with some helpful insider tips!

Taking Mileage Deductions
by Jennifer Lewis, CPA

You probably already know this, but if you use your personal vehicle for business purposes, you can likely take a deduction on on your tax return!  Whether you are a self-employed business owner or an employee who must sometimes use a personal vehicle for work, this is a potentially large deduction that you do NOT want to miss out on.  There are different ways in which the deduction may be calculated and in how it gets reported, depending on your individual circumstances.  You'll want to consult with your Tax Manager to find out which method is best for your particular circumstance, and the method that you use may change form year to year based on what is most beneficial.  The most important thing to keep in mind if you think you'll be able to benefit from the deduction is this -- you must have the documentation to support your deduction.   READ MORE 


Jennifer is a Tax Manager who has been with our firm for over 8 years.  At work, she especially enjoys advising clients on their tax planning options.  Outside of work, she loves the outdoors and working with animals.

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Is Your Data Safe?
Data breaches hit an all-time high in 2016, up 40% over 2015 according to the ID Theft Resource Center! Watch out for one of the latest email scams using IRS and FBI emblems to entice users into clicking a link to a fake questionnaire.  Instead, ransomware is downloaded that locks out your data.   Remember these rules:
  • Never click on a link you are not 100% sure of! 
  • The IRS does not initiate contact by email
  • Back up your data frequently so it can be restored
 
Our office will be closing at Noon on Thursday, August 31. 
 We will re-open Tuesday morning, September 5.

Enjoy your Labor Day holiday! 
Nancy Carter
Boulder CPA Group
   
Boulder CPA Group
303-449-3060
nancy@bouldercpas.com
http://www.bouldercpas.com