Find ColoradoLegal’s tax guides and services by the question you face. Choose a topic below for an overview and related articles on planning, tax returns, business ownership or IRS problems. Philip M. Falco, Attorney & CPA provides tax-law and accounting services in Denver.
Tax Strategy Guides for Owners, Investors, and Families
Explore planning questions involving business funding, investment gains, real estate, losses and family investment structures. Start with an overview, then choose the guide that fits your transaction.
Start hereTax Strategy & Planning
Related guides and articles
IRS Audits and Tax Controversies
Find help with an IRS examination, understand the notices and forms you receive, and prepare for a document request or proposed adjustment.
Start hereIRS Audit Representation
Related guides and articles
- Understanding IRS Audit Letters
- Form 4549: What to Review Before Signing
- Form 4564: Responding to an IRS Document Request
- IRS Audit Reconsideration
- IRS Pre-Audit Investigations
- Employment Tax Audits involving Forms 941, 940 and W-2
- Paid Tax Return Preparer Audits
- Accuracy-Related Tax Penalties
- Tax Court Burden of Proof
- IRS CP2000 Notices and Proposed Tax Return Changes
- Criminal Tax Investigations and Representation
IRS Collection and Tax Debt
Explore options for unpaid taxes, collection notices, missing returns and penalties. The guides below explain the questions to review before choosing a response.
Start hereIRS Collection Representation
Related guides and articles
- IRS Bank Levy Release
- IRS Installment Agreements
- Offers in Compromise
- Unfiled Tax Returns
- IRS Amnesty for Unfiled Tax Returns
- Unfiled Returns and the Statute of Limitations
- Tax Penalty Abatement
- Tax Collection Statute of Limitations
- Missing IRS Refunds
- Joint tax liability and innocent spouse relief
- Unpaid Income and Employment Taxes
International Tax and Foreign Accounts
Find guides for foreign accounts, investments, businesses, gifts and trusts, including information returns and paths for addressing past reporting problems.
Start hereInternational Tax Services
Related guides and articles
- First-Year U.S. Tax Residency and Foreign Reporting
- Does Money From a Foreign Spouse Require Form 3520?
- Foreign Gifts Sent Through Relatives: Who Is the Actual Donor?
- Do I Report Foreign Gifts in the Year I Move to the United States?
- Received Money From Overseas: Form 3520, FBAR, or Form 8938?
- Late Form 3520: What Records Support a Reasonable-Cause Request?
- Moving Money From China to the U.S.: Tax Questions to Review
- Form 3520 vs. FBAR Extensions: Why October 15 Is Different
- Foreign Business Ownership and U.S. Tax Reporting
- International Tax Penalties
- FBAR Filing and FinCEN Form 114
- Form 8938 and FATCA Reporting
- PFIC Tax and Form 8621 Reporting
- Streamlined Filing Compliance Procedures
- Streamlined Domestic Offshore Procedures
- Streamlined Foreign Offshore Procedures
- IRS Voluntary Disclosure Practice
- Willful vs. Non-Willful FBAR Violations
- Delinquent International Information Returns
- Form 5471 — Foreign Corporation Reporting
- Form 8865 — Foreign Partnership Reporting
- Form 8858 — Foreign Disregarded Entities and Foreign Branches
- Form 3520 — Foreign Gifts, Inheritances and Trusts
- Form 3520-A — Foreign Trust Reporting
- The Panama Papers and FATCA
- U.S. Tax Planning for Americans Investing in Foreign Companies
- Can a U.S. Living Trust Become a Foreign Trust?
- Foreign Parent Dies Owning U.S. Investments: Estate Tax and Form 706-NA
- Exchanging Foreign Company Shares for Holding Company Shares
- Personal Ownership, Section 962, or a U.S. Holding Company?
- Can a Foreign Startup Be a PFIC Before It Opens?
Tax Preparation and Strategic Tax Planning
Find return-preparation and planning resources for businesses, rental owners, families and trusts. Use the specialized guides when your return involves foreign property or trust reporting.
Start hereTax Preparation and Strategic Tax Planning
Related guides and articles
- Tax Strategy and Planning
- Business Tax Preparation
- S Corporation Tax Returns
- Partnership Tax Returns
- Landlord Tax Preparation
- High-Net-Worth Tax Preparation
- Year-Round Tax Advisory
- Tax Compliance Review
- U.S. Tax Preparation for Foreign Rental Property and Property Companies
- Does a Grantor Trust Need to File Form 1041?
Business and Entity Taxation
Explore entity taxation, owner basis, partnership exits and business transactions. Begin with the business-tax overview, then follow the guide for your ownership or transaction question.
Start hereLLC, Partnership & Corporate Taxation
Related guides and articles
- Business Legal and Tax Services
- Business Transactions
- New Entities, EINs and Tax Classification
- Beneficial Ownership Information Reporting
- Beneficial Ownership Reporting Video
- S Corporation Requirements and Disproportionate Distributions
- S Corporation Shareholder Basis and Form 7203
- Colorado S Corporation and Partnership Filing Requirements
- Partnership and S Corporation Filing Deadlines
- Partnership Basis, Promissory Notes and Guarantees
- Tax Consequences of Abandoning a Partnership or LLC Interest
- LLC Member Buyout Tax Consequences: Sale vs. Redemption
- Partnership Outside Basis vs. K-1 Capital Account
- Suspended Passive Losses When Leaving a Partnership
- Partnership Debt Relief When a Partner Leaves
- Final K-1 After an LLC or Partnership Exit: Reporting Checklist
- Hedge Fund Partner Buyouts: Tax Consequences of Redemptions and Interest Sales
- CFO and Board Advisory Services
Executive Compensation and Management Equity
Before accepting a PE-backed executive role
- PE-Backed Executive Offer Review: Salary, Bonus, Equity and Tax
- Leaving a Public Company for Private Equity: Comparing Compensation
- Make-Whole Compensation for Forfeited Equity
- Executive Bonus Goals Set After Hiring
Review compensation and ownership questions before accepting an award, selling a business or signing departure terms. These guides cover equity, deferred compensation, bonuses, severance and releases.
Start hereExecutive Compensation in a Private-Equity-Owned Company
Related guides and articles
- Golden Parachute Payments and Taxes Under Sections 280G and 4999
- Executive Severance, Equity Redemption and Release Review
- Transaction and Retention Bonus Agreements and Tax Issues
- What Happens to Management Equity When You Leave?
- Phantom Stock and Phantom Equity Taxation
- Section 409A: Deferred Compensation, Bonuses and Severance
- Profits Interests, Class B Units and Management Equity
- A Bonus Payment That Requires Surrendering Equity: What Should You Review?
- Does a Partial Equity Redemption Affect the Units You Keep?
- Can Performance Equity Continue Vesting After Termination?
- The Company Says Your Equity Is Worthless: What Information Should You Request?
- Why a Large Company Sale May Produce No Management Equity Payout
- Does Your Executive Release Cover Equity Claims and Tax Liabilities?
Startup and Emerging Company Resources
Find legal, tax and financial resources for forming a company, issuing founder equity, raising capital and planning for development costs.
Start hereStartup & Emerging Companies: Legal, Tax & Financial Counsel
Related guides and articles
- Startup Formation & Entity Structure
- Founder Equity, Vesting & 83(b) Elections
- 409A Valuations, Stock Options & Equity Compensation
- SAFE Notes, Convertible Notes & Seed Financing
- Startup Accounting, Financial Reporting & CFO Advisory
- Prototype & Software Development Tax: Sections 174 and 174A
- AI Startup Legal, Tax & R&D Counsel
Real Estate and Asset Protection
Explore property ownership, transaction planning, asset protection and tax questions arising from divorce or family transfers.
Start hereReal Estate Legal and Tax Services
Related guides and articles
Colorado and Federal Tax Articles
Browse selected articles on local taxes, deductions, business activities and tax reporting. Visit the Tax Blog for additional articles and recent additions.
Start hereBrowse the Tax Blog
Related guides and articles
- City and County of Denver Taxes
- Commonly Overlooked Taxes and Tax Forms
- Denver Head Tax and Colorado Income Tax
- Federal Taxation of Marijuana Businesses
- The SALT Deduction Cap in Colorado
- Colorado Graduated Tax Proposals
- Taxation of Artists, Businesses and Hobby Losses
- Charitable Contribution Documentation
- Preparing for Tax Season
- Cryptocurrency Tax Compliance
Discuss Your Tax Question
For help applying these resources to your situation, schedule a tax attorney consultation.
Schedule a $500 Tax Attorney Consultation
The fee includes up to one hour of total attorney time for review, analysis, preparation, and the telephone consultation combined. Additional services require a separate written engagement.