Tax News
Section 174 Capitalization: Here to Stay for Now
The ongoing saga of Section 174 capitalization continues to be a significant concern for businesses engaged in research and development (R&D). Despite bipartisan support for its repeal, the high cost of removing this requirement has kept it in place. Section 174,...
Meet Ben Wirth, Senior Manager at TaxOps
Meet Senior Manager Ben Wirth, a recent addition to TaxOps' Federal Team, who brings over 12 years of public and private experience to TaxOps clients in partnership and corporate tax matters. We're exited to introduce Benjamin Wirth, CPA and Senior Manager at TaxOps....
What to Expect During CDOR’s 2024 Filing Season Launch
The CDOR announced a controlled launch for the 2024 Filing Season, with Individual Income Tax return filing beginning the week of February 14, followed by C-Corp, S-Corp, Partnership, and Fiduciary returns the week of February 21. The IRS has been allowing taxpayers...
Grassroots Effort to Simplify Colorado Sales Tax with Paul Archer (Part 2)
Widespread recognition that Colorado had the “worst sales tax system in the country” led leaders like Paul Archer to help find a better way. In this episode of the SALTovation podcast, we continue our conversation with Paul, exploring the grassroots efforts to simplify sales tax. Paul shares his journey from attending a national political convention to collaborating with key industry leaders in advocating for tax reform. Judy and Paul discuss the formation of the Coalition to Simplify Sales Tax, which has successfully helped pass important legislation aimed at improving audit fairness and simplifying sales tax processes. Paul also emphasizes the need for collaboration and long-term planning in driving meaningful change in tax policy and supporting local businesses.
Judy Vorndran Testifies Before Colorado Senate Finance Committee
Judy Vorndran, lead partner of state and local tax at TaxOps, testified before the Colorado Senate Finance Committee on January 28, 2025. She addressed SB25-018 and SB25-046, proposed legislation that would create a searchable database and enhance audit...
Grassroots Effort to Simplify Colorado Sales Tax with Paul Archer
This week, Paul Archer joins the SALTovation podcast to discuss his efforts to simplify Colorado’s complex sales tax system, which he describes as a significant burden for businesses. Currently serving as a senior missionary in Nairobi, Kenya, Archer shares his journey from being a business owner to advocating for tax reform. He highlights the challenges of navigating a convoluted tax structure that varies widely across municipalities. Through Paul’s experiences and advocacy, he emphasizes the importance of understanding the disparities in resources and systems between the U.S. and developing countries like Kenya.
Investment Fund Management: Partnering with TaxOps
TaxOps seasoned teams partner with fund managers and their portfolio companies to deliver tailored business tax strategies that have the potential to enhance returns and streamline tax compliance. At TaxOps, tax is all we do. Our teams have the expertise, capacity and...
Simplifying Sales Tax in Colorado: A Conversation with Legislator Cathy Kipp (Part 2)
In this week’s episode of the SALTovation podcast, we continue our conversation with Legislator Cathy Kipp, who in 2025 moved to a Colorado Senate seat from the House. Cathy discusses the importance of stakeholder engagement, as tax professionals and legislators work together to make it simplify the state’s onerous tax system. The conversation reveals the frustrations faced by taxpayers and the necessity for clear regulations amidst the state’s unique home rule provisions. Cathy sheds light on the collective effort to improve tax compliance and ease the burdens on businesses while navigating the intricate legal framework of Colorado’s tax laws.
Tram Le Joins FEI Panel on the CPA Pipeline Problem
TaxOps' Tram Le and other industry leaders will explore current challenges and potential solutions to addressing the persistent shortage of incoming talent in the accounting profession at the FEI Fort Worth Chapter meeting on January 21. The CPA Pipeline Problem...