On behalf of Beem & Isley, P.C. | Feb 4, 2020 | Tax Law
For many people, tax time provides them with a large refund that they can use to pay for expenses that fall outside their regular spending. Some people may pay off debt or make a large purchase, such as buying furniture. Others may put the refund into a savings...
On behalf of Beem & Isley, P.C. | Jun 6, 2019 | Tax Law
Many people who filed their 2018 tax returns were surprised to receive a lower tax refund than they ever had before. Some people in Colorado may have even received a tax bill from the IRS. While many of the new tax law provisions benefit the wealthy and some benefit...
On behalf of Beem & Isley, P.C. | Apr 28, 2019 | Tax Law
Even though tax season has already passed, many taxpayers still remain quite stressed about their financial situation. This is often the case when you owe taxes that you can’t pay, which means you’ll be faced with the prospect of costly penalties until...
On behalf of Beem & Isley, P.C. | Mar 11, 2019 | Tax Law
If you receive an unfavorable decision letter from the IRS stating you owe tax penalties on your Colorado state or federal return, you may be panicking. However, there are things that may reduce the penalty. One option is to negotiate with the IRS examination agent,...
