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How would you like to get an $11,000 check from the IRS, after you had filed your returns and perhaps even cashed a small refund check? If so, remember this word. Amended. A Colorado Springs company called Tax Recovery Group says it has recovered more than $10 million from the IRS on behalf of taxpayers… Continue Reading New company specializes in amending taxes for the rich

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Councilman Charles Wingate has a partner in his efforts to rid Colorado Springs of what he believes is excessive tax and wasteful spending. Meet anti-tax crusader Douglas Bruce, someone not unknown in the tax abatement arena. Wingate unsuccessfully floated several proposed tax cuts before the city council a few weeks ago, and now, with Bruce,… Continue Reading City councilman has support in effort to cut taxes

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On the eve of the April 15 tax filing deadline, accountants are pushing to interpret and apply the new Job Creation and Worker Assistance Act of 2002 tax law provisions – just in time to save their client lots of money. According to Greg Gandy, Director of Tax for BiggsKofford, his firm got news of… Continue Reading Business gets a break with retroactive Bush legislation

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The city is struggling with how to solve financing and building new roads and facilities and funding public services when it’s squeezed between taxation limitations, population growth and maintaining existing facilities built decades ago. New impact fees and possible excise taxes are on the table, mostly directed to new development. But recent research confirms that… Continue Reading City eyes revenue increases via excise taxes, impact fee hikes

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Several hundred business and community leaders listened intently last week as four local experts on the Springs economy shared economic insights at the annual Institute of Real Estate Management (IREM) Economic Forecast Breakfast Tuesday, Feb. 29. Mike Anderson, Director, City Office of Budget and Financial Analysis; Doug Carter, of Doug Carter, LLC, and authority on… Continue Reading Economic Forecast Breakfast provides food for thought

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Biggs, Kofford & Co. PC, is getting a business makeover, adding a splash of consulting and a hint of technology. The 20-year-old company based in Colorado Springs has created BiggsKofford to oversee its two companies: BiggsKofford Certified Public Accountants, formerly Biggs, Kofford & Co., and BiggsKofford Consulting LLC. The CPA side will still handle financial… Continue Reading Colorado Springs accounting firm adds new consulting division

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Colorado Springs’ infrastructure could deteriorate if the city’s residents don’t pass Issue A, commonly known as SCIP 01. A citizens’ panel and a technical panel composed of chairs of Springs Community Improvement Program committees presented that message last week to an audience of business leaders at The Broadmoor hotel. “Business people understand why we need… Continue Reading Tax increase is essential in infrastructure upkeep

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Colorado Springs’ infrastructure could deteriorate if the city’s residents don’t pass Issue A, commonly known as SCIP 01. A citizens’ panel and a technical panel composed of chairs of Springs Community Improvement Program committees presented that message last week to an audience of business leaders at The Broadmoor hotel. “Business people understand why we need… Continue Reading Tax increase is essential in infrastructure upkeep (4791)

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