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Recent Blog Posts

DWC Announces Firm Promotions

July 25th, 2022|Comments Off on DWC Announces Firm Promotions

Dalby, Wendland & Co., P.C., (DWC) is pleased to announce the following promotions: Rachel M. Schlepp, CPA, to Principal Rachel’s career in public accounting spans over 19 years. She joined Dalby Wendland’s Glenwood Springs office

Tax Obligations When a Business Closes

July 12th, 2022|Comments Off on Tax Obligations When a Business Closes

Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, including taking care of the various tax responsibilities that

Updated Lease Accounting Standards Currently in Effect for Private Companies and Nonprofits

July 12th, 2022|Comments Off on Updated Lease Accounting Standards Currently in Effect for Private Companies and Nonprofits

The updated lease accounting standard is currently in effect for private companies. After several postponements during the pandemic, the Financial Accounting Standards Board (FASB) voted unanimously to move forward with the changes. That means private

The Electric Vehicle Tax Credit

July 12th, 2022|Comments Off on The Electric Vehicle Tax Credit

Sales and registrations of electric vehicles (EVs) have increased dramatically in the U.S. in 2022, according to several sources. However, while they’re still a small percentage of the cars on the road today, they’re increasing

Taxing Social Security Benefits

July 12th, 2022|Comments Off on Taxing Social Security Benefits

Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on the amounts they receive. If you’re wondering whether you’ll be taxed on your Social Security

C Corporations and the Dividends-Received Deduction

July 5th, 2022|Comments Off on C Corporations and the Dividends-Received Deduction

There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra level of tax on dividends received by a corporation. As