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Tax Credit Consulting: Minority Business Broomfield CO

Federal and State Governments have a long history of using tax credits to advance social programs that are deemed to be in the public interest. Today, two areas that are getting much attention are the Green or environmental movement and minority business ownership.

Brett Smith
1285 Cimarron Drive
Lafayette, CO
Company
Title: Owner
Company: Brett R. Smith CPA Wealth Management, LLC
Type
Registered Investor: Yes
Education
Kansas State University/Bachelor of Science in Business Administration, Accounting Major & Colorado State University, Bachelor of Science - Economics Major
Colorado University - Master of Business Administration (MBA)
Denver University - Master of Taxation (MT)
Years Experience
Years Experience: 20+
Service
Wealth Management,Real Estate Investment Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,IRA, 401k, Roth IRA, QDRO Rollovers,Investment & Portfolio Management,Business Succession & Liquidation Planning,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,401k Rollover From Employer,Retirement Planning,Investment Consulting & Allocation Design,Retirement Income Distribution Planning,Educat

Data Provided by:
Andy Lyford
2525 16th Street
Denver, CO
Company
Title: Registered Principal
Company: Charlton Investment Services
Type
Investment Advisor Rep: Yes
Education
Trinity College, BA
Years Experience
Years Experience: 18
Service
IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Life Insurance,Investment & Portfolio Management,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Alternative Investments,Retirement Planning,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planni

Data Provided by:
Mr. S. David Estes (RFC®), EA
(303) 759-8248
1325 S. Colorado Blvd., #026
Denver, CO
Company
Financial Decisions
Qualifications
Years of Experience: 13
Membership
IARFC
Services
Invoice, Business Planning, Portfolio Management, Pension Planning, personal Coach, Retirement Planning, Tax Planning, Tax Returns, Employee Benefits, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Insurance, Business Coach, Healthcare Accounts, Compensation Plans

Data Provided by:
Liberty Tax Service
(866) 871-1040
6765 W 120TH Ave Ste F
Broomfield, CO

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H&R Block Inside Sears
(303) 412-2361
5501 W 88TH AVE
WESTMINSTER, CO

Data Provided by:
Dot Mechtenberg
8100 Ralston Road
Arvada, CO
Company
Company: Dot Mechtenberg, Inc.
Type
Investment Advisor Rep: Yes
Years Experience
Years Experience: 40
Service
Portfolio Engineering,401k Rollover From Employer,CD Alternative,Disability Insurance,Retirement Planning,Real Estate Investment Planning,Commission-Only Financial Planning (Full Disclosure),Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Captive Insurance,Pension for Highly Compensated Owners,Income for Life/ Preserve Principal,Alternative Investments,Annuities,Alternative Asset Class P

Data Provided by:
Perry Neva
1427 Glencoe St.
Denver, CO
Service
Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Portfolio Engineering,High Yield Bank Accounts,401k Rollover From Employer,Income for Life/ Preserve Principal,Wealth Management,Medicaid,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,Capt

Data Provided by:
Sbtm Incorporated
(303) 786-7116
2655 W Midway Blvd Ste 340
Broomfield, CO

Data Provided by:
Liberty Tax Service
(866) 871-1040
1418 W 104th Ave
Northglenn, CO

Data Provided by:
Northglenn Tax Svc
(303) 457-9263
10701 Melody Dr Ste 318
Northglenn, CO

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Tax Credit Consulting: Minority Business

Tax Credit for Minority Business

Other one of the controversial tax credits out there is the tax credit for minority business. Tax credits for minority business come in a variety of forms from both the Federal and many State Governments.

Federal and State Governments have a long history of using tax credits to advance social programs that are deemed to be in the public interest. Today, two areas that are getting much attention are the Green or environmental movement and minority business ownership. The idea behind minority business tax credits is that minorities suffer unfair disadvantages in starting and operating business and doing so would help bring a more equal country.  The tax credit for minority business can be from the Federal or State Government and applies to either Federal or State taxes.

From the Federal Government, the New Market Tax Credit program has been expanded to include investments in minority business. This program, known as the NMTC, awards a credit spread over seven years that amounts to roughly 39% of the investment made in a qualified entity. The new minority provision opens up millions of dollars of investments for use in businesses run by minorities including women.

Many States have passed a tax credit for minority business also. The provisions and limitations of these credits vary from State to State. Many of them resemble the New Market Tax credit and give tax credits against State income tax to investments that are used to support minority building projects or encourage minority business ownership. As with the Federal programs, minority business can include a business owned by a female in some cases. The tax payer must examine the terms and conditions of the individual State programs if their State is one that offers a tax credit for minority business.

A tax credit for minority business is one of the more controversial tax credits in the eyes of some critics of the policy of using tax credits to address social issues...

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