Category Archives: Retailers

Should You Buy Into A Franchise?  

Are you considering buying a franchise to become or expand your business? As Denver accountants and CPAs, we have seen and worked with a number of businesses and franchisees in Colorado. After serving this market over the years, we have a few tips for you to consider as you weigh your options over becoming a…

Getting Crafty…

There’s some legislation brewing… and it could affect your beer. In May of this year, Colorado senator Mark Udall introduced some legislation proposing the elimination of federal excise taxes on beer creation for breweries here in Colorado; something that would mean a lot for a state where well over 2,000 small and craft breweries call…

The 1099K conundrum and the importance of bookkeeping in 2012

It’s a known fact, more businesses are paying their bills with credit cards. Hence why the IRS has implemented the issuance of a 1099K by all credit card companies. You probably received one in 2011. Although it wasn’t as important then, it’s going to be important in 2012. We project that a majority of small…

Consumer Price Index 2011

The Department of Labor released the consumer price index (CPI) on January 14, 2011. The index measures the cost of typical consumer expenses, reporting that the Western Region has seen prices increase by 1.3% in 2010, up from 2009. For most retailers (with the exclusion of apparel which saw a drop of 1.7%), this could…