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Our CPA’s have extensive experience assisting clients maneuver through complex tax problems. They worked preparing tax returns for clients with a variety of tax problems including moving into Colorado from another state, sale of real estate or other assets, stock transactions, partnership investments, marriage or divorce, and many others. Continually, we are is updating our knowledge of the tax laws to ensure our clients benefit form the latest changes to the tax law. Together Jim and Claudia have over 50 years of combined experience in tax preparation and planning.

For the assistance you need in minimizing your taxes this year and every year, contact our office by calling 970-207-9724

Dye and Whitcomb’s additional tax tips and information

See our newsletter page with tax tips updated weekly

Tax preparation is one of the fastest-growing uses for personal computers.  And, the tax software producers would have you believe few situations are beyond the reach of their programs.  ''Our product is designed to do even the most complex returns,'' says the marketing director for Intuit's TurboTax. 

Do-it-yourself tax software has gotten more sophisticated over the past few years, but some tax situations are beyond any hope of simplification.  Take the alternative minimum tax (AMT), a parallel code designed to catch filers who make heavy use of tax breaks.  All of the major do-it-yourself programs alert users to the AMT.  But follow their warnings and you're soon lost in a maze of ill-defined terms and rules.  Odds are, none of this will apply to you--but your PC is not giving you the reassurance you hoped to find.

So how do you know when should you hire Dye & Whitcomb to give you a hand.  We have a simple rule called the ''Cs, Ds, and Es,'' after the 1040 schedules used to report business income, capital gains, and income from partnerships, estates, and trusts.  Also, self-employed taxpayers are particularly vulnerable to ''the gray areas” like where you draw the line between business and personal expenses.  Dye & Whitcomb can help with complicated issues that come up for these taxpayer.

Major changes in your life--marriage, divorce, having a child, sending one to college, inheritance--could also mean you need help from Dye & Whitcomb.  Congressional efforts to help simplify tax preparation often only make it more difficult.  Job changes and moves get many do-it-yourselfers in over their heads.

Most people want to know how to save more on their taxes.  Like do-it-yourself software, Dye & Whitcomb uses computer to prepare your tax return, but the best thing Dye & Whitcomb does is give you advice--help in structuring your investments and financial affairs for the most tax savings.  Computing your taxes is very mechanical once you know what income is subject to tax, what can be deducted, and exactly where it should be put on your tax return.  Dye & Whitcomb have extensive training and years of experience knowing exactly what to do.

The choice of doing your own income tax return or coming to Dye & Whitcomb for help comes down to how you like to use your time.  There's nothing simpler than mowing your lawn, but millions of people pay someone else to do it.  Tax software is making the task of rendering unto Uncle Sam easier every year.  But if you have an especially complicated situation--or if you just figure, you have better ways to use your time—give a call to get started.

Expert Tax Preparation with:

State Tax Prep with Federal Tax – When we prepare your federal income tax return, we will prepare one state for no additional charge.

Initial Consultation – Your initial consultation is for you to ask questions and decide if we are the right accountants for you.  Also during this consultation, we will want to know more about you so we can determine how we can best serve you.  This initial consultation is absolutely free and without any obligation.

Electronic Tax Filing – We believe filing your tax return electronically is the fastest and most efficient method for filing income tax returns.  When we prepare your income tax returns, whenever possible, we provide electronic filing at no additional charge.

Quotes for Service –Normally, we charge for services based on the amount of time required to perform professional services at our normal billing rates, plus any out-of-pocket expenses.  When requested, we will provide you will an estimate of our total fees for any proposed service.  When we provide a fee estimate, it will be based on our understanding of the amount of work required.  In most circumstances, it is only possible to give a fee range until a complete understanding of a particular situation is known.   Our normal billing rates vary depending on the nature of the service and the level of experience of the person performing the work.

Tax Organizer – To maximize your tax deductions you must be organized!  For retuning clients, we provide a free tax organizer based on the prior year’s information to help them organize their tax information and make sure they do not miss any important deductions.  For new clients, if we have a copy of their prior year’s tax return we can compile and deliver to them a comprehensive personalized tax organizer.  For existing clients, we mail the tax organizer automatically.  New clients can receive this service by simply sending us a copy of their last year’s income tax return and requesting an free personalized income tax organizer.

Review of Last Years Return – When we your income tax return for the first time, we will review your last year’s income tax returns for free.  We will check the mathematical accuracy and check for missed deduction or tax savings opportunities that may have been missed.  If we discover any possible ways to save you tax on your last years return, we will let you know about it and propose filing an amended return to get you a refund.