Duncan Accounting & Tax is a full-service
Small Business Accounting and Tax Firm
in Colorado Springs, CO.

Are you ready for the changes? Due diligence requirements have changed. What does this mean for you as the taxpayer? If you claim refunds for EITC, AOTC, HOH, and CTC, there will be a delay in the delivery of refunds to your bank account.

Did we make your head spin? Don’t take the chance of having your credits and refunds disallowed because you did not meet the reporting requirements. Contact us for an appointment and rest assured that your taxes are in good hands.

Please, feel free to browse our website to see the services we offer as well as the many helpful resources we provide. When you are ready to learn more about what we can do for you, we encourage you to contact us.

Enrolled Agents Vs CPA’s?

Your business needs a tax expert to keep the books, manage payroll, and represent you during an audit, so you need an enrolled agent. CPAs have a general knowledge of accounting but often specialize in corporate or legal services. At Duncan Accounting & Tax, our enrolled agents are federally licensed tax experts who work directly with the IRS to prepare and protect our clients. Your books stay clean, and your bottom line benefits from tax savings and penalty avoidance.

Frequently Asked Questions

It usually takes 2-3 weeks for refunds to be deposited into the account. However, due to the massive increase in identity theft and fraud surrounding refundable credits, all taxing agencies have additional security measures to review the returns. It may take several months for your return to be processed and deposited. Please go to our resource page and check the links for Where’s My Refund.

Email isn’t secure. We have a secure portal for you to upload your documents. Our system will notify us when the documents are uploaded.
Once the file is complete (we do not need any additional documents), we usually take about 2 weeks to prepare your return. However, if we need additional information and you take a month to provide it, the clock doesn’t start until all missing information is provided.

Yes. Absolutely. Always. And do not pay business expenses from your personal accounts and vice versa.

No. Ordinary and necessary expenses are deductible. However, items that are purchased for personal use are not deductible to the business.

If you cannot pay the balance due in full, you will need to set up an installment agreement with the IRS or State. We can assist you with setting up an installment agreement, or you can access the links through our resource page.

Our Clients are #1

I wanted to take a minute to say thanks for the work you do. Since starting and through today you have simplified my accounting and handled our of needs / questions with ease and grace. The quality of work is exceptional and prompt. We couldn’t be happier with anyone else. The simplicity and accuracy of your work combined with the speed that it’s processed make us a firm believer that we will be your customer years to come. Thank you for all that you do for us!DAVID TEVIS
Peak Teks, Inc.