New Tax-Advantaged ABLE accounts Help Disabled Individuals

Starting this year, states may establish tax-exempt “Achieving a Better Life Experience” (ABLE) accounts, which can be created by disabled individuals to support themselves or by families to support their disabled dependents. Contributions to the accounts are made on an after-tax basis (i.e., contributions aren’t deductible), but assets in the account grow tax free. Withdrawals […]

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Rifle Lions Club Provides Annual Service to Area Children

Tracy Barner (left) and Norma Miller pose with the afternoon class at Highland Elementary Poor eyesight in children can easily go undetected and can severely affect their learning. Each year, Rifle Lions Club provides vision screenings to pre-K and kindergarten students in Parachute and Rifle. Recently, Club members, including DWC’s Tracy Barner, helped screen approximately […]

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Cybercriminals Want You!

The 2014 Association for Financial Professionals Payments Fraud and Control Survey by J.P. Morgan reports 60% of organizations were exposed to actual or attempted payments fraud in 2013. The typical financial loss incurred by companies was $23,100. The Report key findings indicate the top four targets as: Check payments (82%) Credit/debit cards (43%) ACH debit […]

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Montrose Rotary Club

Montrose Rotary Initiative Supports Health and Wellness of Local Students

Picture L-R: Steve Schiell, RE-1J School District Superintendent, David Crane, Montrose Rotary President, Alyssa Ganskow, Johnson Elementary 4th Grade Teacher, and Mark Plantz, DWC Accountant and Rotary Board Director The Montrose Rotary Club has committed $20,000 for 2015 to help area youth through its “The Year of the Healthy Child” initiative. The Club is funding […]

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Pyro Day

Pyro’s “Push It Up” Trail Run

On August 15th, over one hundred locals participated in the first Pyro’s “Push It Up” Trail Run in honor of Captain William “Pyro” DuBois from New Castle, who lost his life in early December of 2014, while piloting an F-16. The monies raised from the Trail Run benefit a legacy scholarship fund through Pyro’s Wings […]

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Tax Incentives for Higher Education

Many families understand the value of higher education and desire to help their college-bound children accomplish this goal. There are numerous ways in which saving and paying for college education can save income tax. The most common benefits include; tax credits, deductions, and savings plans. These incentives have different limitations on the tax benefit, qualifications […]

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Mid-Year Tax Checkup

Mid-Year Tax Checkup for Businesses

We are halfway through 2015 and it’s a good time to make some planning adjustments for tax purposes before year-end. Consider these: 1.       Per the U.S. Supreme Court ruling in June, every state must recognize same-sex marriages. Employers in states that did not previously recognize same-sex marriage should revise state income tax withholding for affected […]

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