Foothills Accountants
Empowering Financial Decisions with Expert Tax & Accounting Guidance.
Foothills Accountants
Empowering Financial Decisions with Expert Tax & Accounting Guidance.
About Foothills Accountants
Shane Smith, CPA, CFA, CMA, CFE
Shane Smith, owner of Foothills Accountants, boasts more than 15 years of expertise in tax and financial planning. He received both his Master's and Bachelor's degrees in Accountancy from Gonzaga University. Beyond this, Shane has obtained licensing as a Certified Public Accountant (CPA) in Colorado. He also holds prestigious titles such as Chartered Financial Analyst (CFA) Charterholder, Certified Management Accountant, and Certified Fraud Examiner. A Colorado native, Shane currently resides in Lakewood with his wife, Danielle.
Our Expertise
Foothills Accountants offer a comprehensive range of tax, accounting, and consulting services. In addition to these, we also provide professional training. If you're interested in any of our services or have any questions, don't hesitate to give us a call. We're more than happy to set up an appointment to talk.
Expert Tax Consulting Services
Tax Services
The team at Foothills Accountants offers a variety of tax services, catering to individuals, estates & trusts, gift, and an array of businesses, including Limited Liability Companies (LLCs), S-Corporations, partnerships and Non-Profit organizations. Our services span from tax return preparation to managing correspondence from the IRS/State Departments, auditing, and making estimated tax payments, amongst many others.
We've honed our expertise in tax resolution services over the years, employing a flexible approach tailored to each client's unique needs. Our primary objective is to provide proactive strategies in a bid to resolve your existing tax-related concerns.
Accounting Services
The Foothills team extends a range of accounting services, including bookkeeping, handling accounts payable and receivable, and preparing unaudited financial statements. We uphold stringent confidentiality standards to guarantee your information's security. Depending on your needs, these services are available on an ongoing basis or per special requirements.
Investment & Consulting Services
Several tasks that we consistently manage include generating pro forma projections, selecting the appropriate business entity, implementing an effective accounting system, and advising on appropriate software and hardware selections. We act as a sounding board for clients' business and personal investment situations.
Training
Tax strategic training is the compass that navigates the course of your financial voyage. It's not just about knowing how to fill forms or compile data; it's about understanding the intricate nuances of tax laws and how to use them to your advantage. It's about proactive planning, which can save you money and avoid the stress of unnecessary complications. So, equip yourself with the right knowledge, and make tax strategy an integral part of your financial success path.
FAQs
"How can I reduce my tax liability?"
s tax accountants, we are skilled in identifying relevant deductions, credits, and tax planning strategies tailored to your specific financial situation. We offer advice on various aspects such as investment decisions, business structure, and expense tracking to help minimize your tax liability.
"When is the best time to start tax planning?"
The best time to start tax planning is now. At Foothills Accountants, we believe in proactive tax planning throughout the year to help you to take full advantage of tax laws and regulations, avoid surprises, and efficiently manage your tax obligation.
"What should I bring for my tax preparation appointment?"
You should bring relevant financial documents including W-2s, 1099s, expense receipts, a record of income sources, deduction information, social security numbers for yourself and dependents, last year's tax return, and any other documentation that may affect your tax situation.
"How long should I keep my tax records?"
The IRS recommends keeping records for at least 3 years from the date you filed your original return, or 2 years from the date you paid the tax. However, if any irregularities are detected, they may go back further, so we suggest holding onto your tax documents for seven years to be safe.
"Do I need to report cryptocurrency transactions on my taxes?"
Yes, the IRS treats cryptocurrency as property for tax purposes. This means that you are required to report all cryptocurrency transactions, including buying, selling, trading, and mining activities. Our Cryptocurrency Tax Support can help you navigate this complex process.