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How to Adjust Withholding Under OBBBA: Wilklow & Associates, CPA PC’s Guide

How to Adjust Withholding Under OBBBA: Wilklow & Associates, CPA PC’s Guide

by Susan Wilklow | Aug 7, 2025 | Blog

Since January, the IRS has lost over a quarter of its workforce. And just this month, House lawmakers introduced another proposal to further slash the IRS’s budget. This is funding that directly impacts taxpayer services, refund processing, audit functions,...
IRS Disaster Relief Just Got Faster for Colorado Springs Taxpayers

IRS Disaster Relief Just Got Faster for Colorado Springs Taxpayers

by Susan Wilklow | Jul 29, 2025 | Blog

I want to open the floor up to you for a moment. With everything you’ve heard so far about the One Big Beautiful Bill Act (OBBBA), what questions do you have? Confusion about credits? Changes to deductions? How it might impact your refund next year? (Or maybe,...
Car Loan Interest Deduction Guidance for Colorado Springs Car Buyers

Car Loan Interest Deduction Guidance for Colorado Springs Car Buyers

by Susan Wilklow | Jul 23, 2025 | Blog

There’s been no shortage of opinion flying around about the new One Big Beautiful Bill Act (OBBBA). And understandably so. An 800+ page tax overhaul tends to stir the pot.What I want to assure you is this: I’m here to break down what actually matters for you....
Wilklow & Associates, CPA PC’s Guide to How Long To Keep Tax Returns

Wilklow & Associates, CPA PC’s Guide to How Long To Keep Tax Returns

by Susan Wilklow | Jul 16, 2025 | Blog

Let me start today by sending out my thoughts and prayers to those devastated by the flooding in Kerr County and other parts of Central and South Central Texas. The destruction alone is incredibly hard to see..But maybe what hits so close to home is the loss of the...
SALT Deductions Tax Strategies for Colorado Springs Businesses (2025 Edition)

SALT Deductions Tax Strategies for Colorado Springs Businesses (2025 Edition)

by Susan Wilklow | Jul 9, 2025 | Blog

We’re just a few days away from the Fourth of July. And of course, Independence Day is more than just the food and your Colorado Springs fireworks show. It’s a celebration of the idea that government should be of the people, by the people, for the people.And yes, that...
Paying the IRS is Changing: What Colorado Springs Taxpayers Need to Know

Paying the IRS is Changing: What Colorado Springs Taxpayers Need to Know

by Susan Wilklow | Jul 3, 2025 | Blog

I hope (against all odds) you managed to stay cool this past weekend. And that you’re braced for the week ahead — because the heat wave hitting the Midwest and parts of the Northeast is here to stay for a few more days. Perhaps today is the day to get...
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