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To our valued clients,

During this difficult time in our planet’s history, it is our aim to provide information, direction and clarity to all of you. As your trusted advisors we can help you make sense of the steps the government will require you to take, if you wish to apply for the economic benefits recently made available through the Coronavirus Aid, Relief, and Economic Security Act.

Most importantly, contact Boulder Valley CPAs today if you’ve been economically impacted

Don’t wait. We expect a rise in need as time moves on and if you or your business has been impacted by the global health crisis, please contact us to schedule a phone call or Zoom meeting with Ernie Villany.  

Kindly remember the legislation is new, complex and will ultimately be administered through SBA approved financial institutions like your local bank. Our role is to help you make the most valuable use of your time by focusing on readiness. 

Here’s How You Can Prepare Today

  • Contact your current business bank to make sure they are an SBA Approved Financial Institution and let them know you have been impacted by COVID-19 and would like them to familiarize you with their understanding of the CARES Act / SBA Loan Application process.

  • Gather your business’ Financial Statements AND payroll records.
  • Gather all payroll reports for the last twelve months.
  • Profit and Loss (P&L) Statement and Balance Sheet. Especially Liabilities – If your 2019 business tax return is on extension you should prepare a P&L and Balance Sheet for January through December 2019 as well as January through March 2020 and for all of 2018

.

  • Gather Business Certificates, Corporate Seals and Evidence of Licensing
  • Gather Prior Loan Application History
  • Include records of any SBA loans you may have applied for in the past.
  • Gather Income Tax Returns
  • Include signed personal and business federal income tax returns of your business’ principals for the previous three years. If you are on extension, gather tax returns from 2017 and 2018.

  • Gather Business Overview and History
  • Provide a brief history of the business and its challenges. Include an explanation of why the SBA loan is needed and how it will help the business.

“Hardships often prepare ordinary people for an extraordinary destiny.” C.S. Lewis

Contact BVCPA
We take care of your books for you, so you can get back to the job of running your business and generating profits.
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We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.
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We offer a variety of services to help make sure that you are taking full advantage of Quickbooks' many features.
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We're here to help you resolve your tax problems and put an end to the misery that the IRS can put you through.
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We offer one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
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Most commonly looks like, "can I deduct my home, can I pay my children, should I buy equipment, should I track mileage, etc." This is a service that is sometimes addressed by phone calls to the office and/or emails. Often times it's with an associate or staff member in our office. It can also be something addressed and finalized in an annual office meeting. Different strokes for different folks, but we are capturing what "most" business clients are availing themselves of in this area.
Includes Federal and State vouchers based on safe harbor provisions of estimated tax payments. It uses prior year data to help avoid interest and penalties. It is worked on during your 2018 tax prep meetings.
Common in our practice. Many of our business client owners want us to run projections, using very detailed versions of what they think their personal return will look like, in it's entirety. Most commonly done in our office, with a tax manager or myself.
Most commonly looks like a before and after dog and pony show that illustrates the benefits of making retirement contributions and more importantly, structuring a plan for funding the contribution over a more manageable time frame.
The corporate fee includes all applicable schedules including partner K-1s.
We include one owner tax prep and for any additional owners we would offer a bundled fee of 75% of full price.
Our Valued Price Agreements allows our clients to lock in monthly, quarterly or annual billings that even out cash flow.
It is not a popular service within our firm because of a number of online tools but we do offer it at $75 per filing period (monthly, quarterly etc.). We have empowered our clients to take this role on themselves but we are happy to address in our annual office meeting.
We took time to review our previous billing methods, and to better serve our corporate level clients, have embraced a method that allows us to fix our annual fees. That method is based on the value of those services and the costs we incur, providing them.
Individual returns start at $550 and includes Schedule A, B 2441(Child Care Expenses) and one state return. Any additional schedules range from $50 - $100.

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