
Business Advisory Services
Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.
Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.
Designed for rental property owners where WCG CPAs & Advisors supports you as your real estate CPA.
Everything you need from tax return preparation for your small business to your rental to your corporation is here.
WCG’s primary objective is to help you to feel comfortable about engaging with us
Posted Wednesday, July 8, 2020
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Welcome to the Tax Center Portal! Everything you need from tax return preparation for your small business to your rental to your corporation is here. Need to track your refund? Want the latest in tax rates? Need tax help with an audit or just basic consultation, that’s here too!
Before we blast off into the wild tax yonder, here are some tax preparation housekeeping things including team profiles, fee information (transparency!), engagement agreements, tax consultation and a whole bunch of other things.
WCG CPAs & Advisors is not just a group of Colorado Springs CPAs or number crunchers- we are tax consultants and business advisors.
The IRS, American Institute of Certified Public Accountants (AICPA) and our Professional Liability Insurance provider are getting more stringent on Client Engagement Agreements.
Connect with a certified tax professional from the comfort of your home—our virtual tax services make filing accurate, secure, and stress-free.
Many taxpayers walk into our offices at WCG and tell us they want to pay fewer taxes. Who doesn’t? We usually chuckle, and tell the client that he or she is the only one…
WCG CPAs & Advisors has provided worldwide tax preparation and business advisory services from our Colorado Springs offices since 2007.
Tax Patrol is a wonderful tax service for those who don’t need all the business advisory bells and whistles, but from time to time want some love from an experienced tax consultant and business advisor.
WCG is happy to offer an additional service for our clients. On one hand we have our Business Advisory Service plans which are very comprehensive yet might contain some services that not everyone needs.
Click on the buttons below to review our business entity tax return procedures for partnerships (Form 1065) and corporations (Form 1120 and Form 1120S) including checklists and other helpful information. Individual tax return preparation is next!
We think of our fees as easy, medium, and hard (we’re from Colorado, so we think in green circles, blue squares and black diamonds).
Starting and running a small business can be very challenging, but very exciting. Probably more of a pain in the butt, yet most business owners start a company to do something they love.
This post will discuss the 185 small business tax deductions you cannot take and explain how to position yourself on allowable business tax deductions.
Use this checklist to gather up all the data needed for accurate and timely tax return preparation of your business entity.
An Accountable Plan allows businesses to reimburse employees for business expenses without the reimbursements being considered taxable income by the IRS.
Use our secure online form to learn about the home office deduction and submit your data.
Use this online form to report your vehicle expenses for deduction or reimbursement.
Here is a quick list of the necessary steps to have WCG CPAs & Advisors prepare your small business tax returns. Important dates and considerations during the tax extension season-
Click on the buttons below to review our individual tax return (Form 1040) procedures and general fees, including small business owners (Scheduled C), rental property owners (Schedule E) and expats (Form 2555).
We think of our fees as easy, medium and hard (we’re from Colorado, so we think in green circles, blue squares and black diamonds).
Rental properties can be great investments and offer some ways to shelter your taxable income through rental deductions.
If you are a US citizen or a resident alien of the United States and you live abroad, you are still taxed by the IRS on your worldwide income.
Proper small business tax preparation and planning, recordkeeping of your business tax deductions and money handling is a must.
Use our secure online form to learn about the home office deduction and submit your data.
Use this online form to report your vehicle expenses for deduction or reimbursement.
The quality of your tax return and the timeliness of its preparation depend strongly on obtaining all your tax documents and information.
Here is a quick list of the necessary steps to have WCG CPAs & Advisors prepare your individual tax returns. Important dates and considerations during the tax extension season-
Here are some additional tax center resources that you might find useful. You can track the progress of your tax returns within WCG, authorize eFiling, make payment for your tax return preparation fee and track your refunds from the IRS and state taxing authorities below.We can also model your income and tax consequence scenarios, and play what-if games. Don’t forget our August and November financial tune-ups and tax planning.
Reviewing and understanding your business tax returns are important things. In our virtual tax preparation world, sitting down with your CPA to review your tax return is a challenge.
This checklist is more geared toward individuals (Form 1040). Partnership (Form 1065) and Corporate (Form 1120 and Form 1120S) tax returns have a separate business tax return review checklist.
Safely and securing view your invoices and make payment for tax return preparation and other services.
Accurate estimated tax payments come from proper tax planning. There is nothing worse than the fear of the unknown since most human responses will be the worse case scenario.
Review our detailed tax planning and strategy checklist to generate questions, explore ideas and deploy solutions.
Far too often business CPAs are simply compliance-oriented and are not a client advocate by helping owners understand general principles and subsequent business tax deductions.
Our specialized knowledge of IRS tax settlement and audit procedures means proper representation of your interests before the IRS or other taxing agencies -this is critical to your success.
When doing business either online or face-to-face, you want peace of mind that things will go smoothly. Furthermore, if things don’t go as planned, then you want comfort in knowing they will be taken care of. WCG (formerly Watson CPA Group) takes customer service and satisfaction very seriously.
Click on the buttons below to review our individual tax return (Form 1040) procedures and general fees, including small business owners (Scheduled C), rental property owners (Schedule E) and expats (Form 2555).
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Tax planning season is here! Let's schedule a time to review tax reduction strategies and generate a mock tax return.
Tired of maintaining your own books? Seems like a chore to offload?
Do you have questions about taxes and tax deductions? Are you selling a rental and need some tax planning? Do you want WCG to prepare your tax returns and have some procedural questions? Let’s chat!
The tax advisors and business consultants at WCG are not salespeople; we are not putting lipstick on a pig expecting you to love it. Our job remains being professionally detached, giving you information and letting you decide within our ethical guidelines and your risk profiles.
We see far too many crazy schemes and half-baked ideas from attorneys and wealth managers. In some cases, they are good ideas. In most cases, all the entities, layering and mixed ownership is only the illusion of precision. As Chris Rock says, just because you can drive your car with your feet doesn’t make it a good idea. In other words, let’s not automatically convert “you can” into “you must.” Yes, it is fun to brag about how complicated your world is at cocktail parties, but let’s not unnecessarily complicate it for the bragging rights.
We typically schedule a 20-minute complimentary quick chat with one of our Partners or Senior Tax Professionals to determine if we are a good fit for each other, and how an engagement with our team looks. Tax returns only? Business advisory? Tax prep, and more importantly tax strategy and planning?
Should we need to schedule an additional consultation, our fee is $250 for 40 minutes. Fun! If we decide to press forward with a Business Advisory or Tax Patrol Services engagement, we will credit the consultation fee towards those services.
Taxes are complicated. We make them simple. Get in touch with a pro here at WCG!
Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.
Designed for rental property owners where WCG CPAs & Advisors supports you as your real estate CPA.
Everything you need from tax return preparation for your small business to your rental to your corporation is here.
WCG’s primary objective is to help you to feel comfortable about engaging with us