Blog
2026 Guide to Short-Term Rental Taxes for Colorado Springs Airbnb & VRBO Hosts
Key TakeawaysYou do not have to pay federal income tax on rental earnings if you rent your home for 14 days or fewer per year and use it personally...
Do You Have to Pay Taxes On Sports Betting? What Colorado Springs Bettors Need To Know
Key TakeawaysThe IRS considers all sports betting payouts as ordinary income, regardless of the amount or whether you received a tax form. For...
The Colorado Springs Taxpayer’s Guide: How Do I Calculate My Federal Tax Withholding?
Key TakeawaysA large refund is an interest-free loan to the government, while a big bill suggests you are at risk for IRS underpayment...
How Does Self-Employment Tax Work For Colorado Springs Taxpayers Leaving Their 9-to-5?
Key TakeawaysAs a W-2 employee, you pay half of Social Security and Medicare tax through withholding. As a self-employed taxpayer, you pay both...
Your Tax Pro’s Guide To Spring Cleaning Your Tax Reduction Strategy
Key Takeaways Use your 2025 return as a diagnostic tool to calculate your real tax percentage and identify specific areas for AGI reduction. Use the...
Can an ABLE Account Help Colorado Springs Families with Qualified Disability Expenses?
Key Takeaways ABLE accounts let you save and invest tax-free for disability-related expenses. Up to $100,000 in an ABLE account is excluded from...
How Does the Health Savings Account Work for Colorado Springs Taxpayers?
Quick Answers: How Does The Health Savings Account Work?You must have a qualified High Deductible Health Plan (HDHP) to open and contribute to...
Colorado Springs Couples: Wondering When to File “Married Filing Separately”?
Quick Answers: When To File Married Filing Separately?Filing separately can help if one spouse has high medical expenses and a lower income. It...
Does OBBBA Change How Social Security Is Taxed for Colorado Springs Retirees?
“The more sand that has escaped from the hourglass of our life, the clearer we should see through it.” ―Jean-Paul SartreQuick Answers: How Does...