We hate to say it, but Tax Day 2020 is only five and a half months away. It may seem like an eternity right now, but you may wish to start planning now for deferring income to offset your tax liabilities.
No, Durango resident Lou Galinson’s dogs did NOT make him put the cute kitties in a cage. But his dogs did inspire him to open the Pet Haus 10 years ago. Since then, he’s adopted out more than 750 Humane Society kittens from his store.
When you’re ready to retire and want to sell your share in the business to a business partner or family member, you’ll need a team of advisors. Charles Spence explains why.
So someone has offered you a ridiculously low price to buy your business. Should you say no? Be insulted? Charlie Cole with Cole and Partners offers some advice.
Tim Kirkland with Renegade Hospitality Group will be the keynote speaker at the annual La Plata County Economic Summit, and you can learn how to handle multiple generations in the workplace.
Trusts are tools you can use to protect your assets or to ensure your heirs receive the inheritance you want them to receive. Learn more from Charles Spence with Maynes Bradford Shipps & Sheftel.
The La Plata County Economic Development Alliance is a diverse group of private businesses and public agencies working together towards a common goal: to foster the economic success of our community. Our mission is to serve as the gateway for individuals looking to start, own, grow, or relocate their business to La Plata County, by providing advocacy, relevant information, and resources at the local, state and national level. The...
Pat Barrett explains why it’s a good idea to discuss the disposition of your estate with your family before you die so that your heirs are prepared and you can explain your decisions.
The first thing a potential business buyer wants to see are the books. What do sales look like? How about expenses? How much did the company net? And they’ll want them electronically.
The number of farms and acreage in crops has grown by more than 4 percent in La Plata County during the past five years, largely due to a growing demand for locally grown food.
Brad Tafoya with Tafoya Barrett & Associates recommends that all taxpayers double-check their federal withholding taxes so that you don’t get caught with a surprise bill next year.
When a Durango couple sold their tricked-out camping van online, they knew they had a winning idea for a business. See how they custom-outfit cargo vans into comfy camping and traveling vehicles.
The Small Business Development Center of Southwest Colorado will host its 10th annual Women’s Small Business Conference on July 18 at the Sky Ute Casino. Find out more about workshops and speakers.
When a family loses a loved one, it faces a litany of immediate tasks such as planning the funeral and placing an obituary in the local newspaper. All of this must be done while the bereaved is processing the emotional components of the individual’s passing. Amidst all of the raw feelings and deluge of family, it is natural for more mundane tasks such as filing a life insurance claim to fall by the wayside. Sometimes the family may...
Join us for a 2 hour workshop to learn how to build a basic website with our web master, Nathan Morris! Nathan has been building websites since 1994 – since before there was a dot-com. Learn what web hosting sight will be the right fit for you, how to review a website, how to build your site, and then how to optimize your SEO. When: Thursday, June 20th from 9am – 11am Where: TBK Bank (259 W 9th Street in Durango) Cost: $25...
How do you know you’re business is ready for sale? Certified Business Appraiser Charlie Cole talks about the qualities your business should have in place before you set an asking price.
The customers are the building block of any business’ success. Meeting their demands and keeping them satisfied with both the supplied goods and service provided is often at the forefront of any business’ strategy, especially in an ever-changing business environment as Durango. 2018 saw a handful of long-standing local businesses say goodbye to Durango, Colorado and a change in competition in the form of new companies. For those...
If you didn’t pay your federal income taxes, you could face fines, interest payments, even liens on your property or pay check. You may also get a refund coming to you!
Durango, Colorado is known as one of the best places to start a business. The area has a unique culture and lifestyle, not to say that there are many development opportunities. Durango’s growth opportunities are mainly attributed to diversification. Much of the activity is centered in retail, tourism, and services like medical educational, and so on and so forth. Starting a business here is an exciting endeavor. The journey requires...
The founder of Insys Therapeutics John Kapoor has become the first pharmaceutical boss to be convicted in a case linked to the US opioid crisis. A Boston jury found Kapoor and four colleagues conspired to bribe doctors to prescribe addictive painkillers, often to patients who didn’t need them. The former billionaire was found guilty of racketeering conspiracy for his role in a scheme which also misled insurers. Tens of thousands...