Ash Circle Associates CM

We are a team of numbers-obsessed, people-loving, Mile-Height Accountants and advisors, devoted to the art of building personal connections through innovative and forward-thinking expertise, grounded in great communication and an entrepreneurial spirit.

Accounting firm in Thornton, CO (show on map)

Ash Circle Associates offers accounting, tax planning, financial consulting, payroll, and QuickBooks services for small businesses in Denver.

Call (720) 523-1931

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About

Ash Circle Associates is a Denver-based accounting firm specializing in accounting services, tax planning, financial consulting, payroll management, and QuickBooks support for small businesses. They offer strategic advisory services akin to an acting CFO, ensuring profitability and compliance while providing cost-effective solutions.

The firm emphasizes professionalism, responsiveness, and quality, serving industries such as real estate, medical services, manufacturing, and non-profits. They leverage the BDO Alliance USA network for enhanced services and technical expertise.

Acting CFO services

Industry-specific advisory

QuickBooks consulting with free online backup

Comprehensive payroll management

Services

Accounting Services

Comprehensive accounting services including bookkeeping, audits, and financial reporting for small businesses.

Small business accounting Payroll management QuickBooks consulting Financial statement preparation Tax compliance support

Tax Planning

Strategic tax planning to optimize after-tax cash flow and compliance.

Federal and Colorado state tax compliance Tax credit and deduction maximization Quarterly estimated tax payments Tax return preparation

Financial Consulting

Expert financial advisory services to maximize profitability and growth.

Acting CFO services Business valuation Succession planning Business planning and development

Payroll Management

Comprehensive payroll services including setup, processing, and tax filing.

Payroll setup and configuration Employee benefits administration Tax filing and compliance Integration with Gusto payroll software

QuickBooks Consulting

Expert support for QuickBooks setup, training, and optimization.

One-on-one QuickBooks training Tips and tricks for efficient use Quarterly QuickBooks tune-ups Free online backup for 3 years Discount on QuickBooks software

Industry-Specific Advisory

Tailored advisory services for specialized industries.

Real estate and construction Medical and dental services Manufacturing and distribution Service and repair companies Non-profit organizations

Credentials & Certifications

MBA

Certified Public Accountant (CPA)

Enrolled Agent (EA)

Frequently Asked Questions

What are the 2024 federal and Colorado state income tax rates? +

The IRS maintains seven federal income tax brackets ranging from 10% to 37% for individuals, starting at taxable income of $578,125 for singles. Colorado has a flat state income tax rate of 4.40% in 2024. These rates affect your tax liability directly. Taxpayers should also consider local Denver property or municipal taxes where applicable.

How do I file back taxes in Colorado? +

Filing back taxes involves gathering all prior years’ documentation, completing past tax forms accurately, and submitting them either electronically (if supported) or by mail to the IRS and Colorado Department of Revenue. Penalties and interest may apply, but payment plans or offers in compromise might ease the burden. It’s advised to contact a CPA or tax relief professional for help.

When is the last day to file 2023 tax returns? +

The federal 2023 tax return deadline is April 15, 2024. For Colorado state tax returns, the date aligns with the federal filing deadline. Extensions can be filed to gain a six-month extension, but any tax owed must still be paid by April 15 to avoid penalties.

How to choose the right accounting software for small businesses? +

Consider your business size, industry-specific needs, budget, ease of use, and integration capabilities. Popular options include QuickBooks, Xero, FreshBooks, and Wave. Cloud-based software offers flexibility for remote access and real-time updates. Evaluate features like invoicing, payroll, and tax reporting before selecting.

What tax credits are available for families in Colorado? +

Families can qualify for federal credits like the Child Tax Credit, Earned Income Tax Credit (EITC), and Child and Dependent Care Credit. Colorado also offers state credits such as the Colorado Child Care Contribution Credit and Earned Income Tax Credit. Eligibility depends on income, dependent status, and residency.

How do I file taxes if I am self-employed or a freelancer? +

Self-employed workers report earnings on Schedule C (Form 1040) and pay self-employment taxes (Social Security and Medicare). Quarterly estimated tax payments are necessary to avoid penalties. Keeping detailed income and expense records and using accounting software facilitates the process.