The Adams/Broomfield Bar Association today hosted the 2011 ABBA Law Day Breakfast at the Adams County Fairgrounds in the Waymire Building. The ABBA event is one of the largest Law Day events in Colorado and honored law enforcement and legal professionals throughout the Greater Adams/Broomfield community.
Donelson Ciancio & Goodwin, P.C. attorney Loren Brown was one of those honored receiving the Volunteer Attorney of the Year Award. On behalf of the entire DCG Team congratulations Loren!
Friday, April 29, 2011
Wednesday, April 27, 2011
Pro se divorce clinics
Free divorce clinics are being offered at the Adams County Justice Center for persons seeking to obtain an uncontested divorce. The clinics are sponsored by Donelson Ciancio & Goodwin, P.C., the Adams/Broomfield Bar Association, the Colorado Access to Justice Commission, and other volunteer attorneys. Our own Cyndy Ciancio and other volunteer attorneys will provide a brief overview of Colorado divorce law and procedure, as well as, answer questions on how to fill out and file paperwork.
Clinics will be at 4:30 p.m. on the following dates: April 28, May 26, June 30, July 28, August 25, September 29, October 27, and November 17 in the first-floor training room at the Adams County Justice Center, 1100 Judicial Center Drive in Brighton.
Please obtain either the necessary Dissolution of Marriage or Legal Separation forms prior to attending. All forms can be downloaded for free at courts.state.co.us “Self Help Center” or purchased at the Clerk’s Office.
Advance registration is not required. For more information please call (303) 450.1665 or e-mail annmarshall@colo-law.com.
Tuesday, April 26, 2011
Small Business Jobs Act of 2010 – 1099 Reporting Requirements
The Small Business Jobs Act of 2010 created a controversial amendment to I.R.C. Section 6041 that required greater Form 1099 reporting requirements for anyone engaged in a trade or business. The Small Business Jobs Act of 2010 amended the section so that beginning in 2012, payments to non-tax-exempt corporations, which had previously been exempt from the reporting requirements, would be subject to information reporting. Additionally, for payments made after 2010, the Small Business Jobs Act of 2010 provided that, subject to limited exceptions, a person receiving rental income from real estate would be treated as engaged in the trade or business of renting property for information reporting purposes. In particular, rental income recipients making payments of $600 or more to a service provider (for example, a painter or plumber) in the course of earning rental income would have to provide an information return to the service provider and IRS.
Recent Repeal
On April 14, 2011, President Obama signed The Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, which specifically repeals:
• the requirement for businesses, charities, and governmental entities to report payments to companies for merchandise purchased in the aggregate of $600 or more (originally effective for 2012),
• the requirement for rental property owners to report expense payments in the aggregate of $600 or more (originally effective for 2011), and
• the requirement for businesses, charities, governmental entities, and rental property owners to report payments for services and merchandise to corporations (other than attorneys and certain health care providers) in the aggregate of $600 or more (originally effective for 2012).
The repeals under the new law are retroactive, thus reinstating the status quo for Form 1099 reporting as established prior to enactment of the 2010 Small Business Jobs Act.
If you have further questions on the Act please do not hesitate to contact us.
IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
Recent Repeal
On April 14, 2011, President Obama signed The Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, which specifically repeals:
• the requirement for businesses, charities, and governmental entities to report payments to companies for merchandise purchased in the aggregate of $600 or more (originally effective for 2012),
• the requirement for rental property owners to report expense payments in the aggregate of $600 or more (originally effective for 2011), and
• the requirement for businesses, charities, governmental entities, and rental property owners to report payments for services and merchandise to corporations (other than attorneys and certain health care providers) in the aggregate of $600 or more (originally effective for 2012).
The repeals under the new law are retroactive, thus reinstating the status quo for Form 1099 reporting as established prior to enactment of the 2010 Small Business Jobs Act.
If you have further questions on the Act please do not hesitate to contact us.
IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
Monday, April 25, 2011
Law Day 2011
The Adams Broomfield Bar Association will be hosting the 2011 ABBA Law Day Breakfast on Friday, April 29th at the Waymire Building. The Adams County tradition dates back some 30 years and continues this year with the theme of The Legacy of John Adams from Boston to Guantanamo.
Each year ABBA also honors the principles of freedom, justice, and equality under the law by recognizing the special contributions that the law enforcement and legal professionals make to the Adams / Broomfield community. To register for the event by email, click here.
For more information on the Seventeenth Judicial District and the Adams/Broomfield Bar Association please visit their website.
Each year ABBA also honors the principles of freedom, justice, and equality under the law by recognizing the special contributions that the law enforcement and legal professionals make to the Adams / Broomfield community. To register for the event by email, click here.
For more information on the Seventeenth Judicial District and the Adams/Broomfield Bar Association please visit their website.
Friday, April 22, 2011
DCG’s Paula Colorosa Elected as V.P. of Second Wind Fund
Our very own Paula Colorosa recently became the Vice President of Second Wind Fund, Inc (SWF). Second Wind Fund’s mission is to decrease the incidence of adolescent suicide by removing financial and social barriers to treatment for all at-risk youth through its Affiliates.
In 2002, after four Denver area high school teen suicides, members of the Green Mountain Presbyterian Church initiated what would later become the Second Wind Fund. By 2009, the organization expanded forming the Second Wind Fund of Metro Denver, with SWF taking over management of all national programs and affiliates.
In the short time since its inception, over 2,400 kids have helped through the program with none being lost to suicide. Furthermore, the vast majority of youth who received help have reported significant reduction in suicidal thinking after completion of SWF’s program.
On behalf of the whole DCG Family, we share our congratulations to Paula and the organization for the service you provide to the teens in need and the Greater Denver community! To learn more visit Second Wind Fund.
In 2002, after four Denver area high school teen suicides, members of the Green Mountain Presbyterian Church initiated what would later become the Second Wind Fund. By 2009, the organization expanded forming the Second Wind Fund of Metro Denver, with SWF taking over management of all national programs and affiliates.
In the short time since its inception, over 2,400 kids have helped through the program with none being lost to suicide. Furthermore, the vast majority of youth who received help have reported significant reduction in suicidal thinking after completion of SWF’s program.
On behalf of the whole DCG Family, we share our congratulations to Paula and the organization for the service you provide to the teens in need and the Greater Denver community! To learn more visit Second Wind Fund.
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Thursday, April 14, 2011
Extraordinary Volunteers
This exemplified founding shareholder Gene Ciancio's late mother Mary. An extraordinary volunteer she lived each day by the motto: "What can we do for someone today?" On April 14, 2011, the Community Reach Center Foundation will recognize the contributions of other volunteers in Adams County at the Mary Ciancio Memorial Distinguished Service Award Dinner.
The award was founded in 1979, when then Governor Dick Lamm proclaimed it "Mary Ciancio Day." Mary was also a former board member at Community Reach Center raising hundreds of thousands of dollars for the Center over the years. She was also instrumental in raising funds towards the construction of Community Reach Center's first facility. Volunteering for a variety of organizations including, the March of Dimes, Easter Seals, Adams County United Fund, the American Cancer Society, and the Heart and Lung Associations she truly was an extraordinary volunteer.
Please join DCG in congratulating this year's recipients and visit Community Reach Center Foundation's site on ways you too can volunteer!
The award was founded in 1979, when then Governor Dick Lamm proclaimed it "Mary Ciancio Day." Mary was also a former board member at Community Reach Center raising hundreds of thousands of dollars for the Center over the years. She was also instrumental in raising funds towards the construction of Community Reach Center's first facility. Volunteering for a variety of organizations including, the March of Dimes, Easter Seals, Adams County United Fund, the American Cancer Society, and the Heart and Lung Associations she truly was an extraordinary volunteer.
Please join DCG in congratulating this year's recipients and visit Community Reach Center Foundation's site on ways you too can volunteer!
Monday, April 11, 2011
Cyndy Ciancio: Dancing With the Bar Stars for Metro Volunteer Lawyers
Barristers Benefit Ball is approaching soon on Saturday, April 30th and our own Cyndy Ciancio will be competing in the dance competition to raise money for Metro Volunteer Lawyers! This event is so popular it has already sold out, however, tickets are still available for the "Dessert and Dancing" portion of the event at http://www.denbar.org/. Also you can help Cyndy win by donating money in advance of the Ball. Visit Cyndy's own donation page and donate now as each donation acts as a vote for her to become the Bar Star!
Make a donation at: http://tinyurl.com/4dsveoq.
Tuesday, April 5, 2011
Deceptive Solicitation from Corporate Controllers Unit
You may have recently received a notice from the "Corporate Controllers Unit" regarding the filing of the Periodic Report for your business. The notice cites provisions of the Colorado Revised Statutes requiring businesses to file annual periodic reports with the Secretary of State and requests a payment of $225.00. Please be advised that this notice is a deceptive solicitation, so do not send any funds to this entity.
Below is the link to the Colorado Secretary of State's notification of the deceptive solicitation and instructions for properly filing the annual report. As always, if you should have any questions, please do not hesitate to give us a call.
http://http://www.sos.state.co.us/pubs/pressrel/2011/PR20110404Alert.html
Below is the link to the Colorado Secretary of State's notification of the deceptive solicitation and instructions for properly filing the annual report. As always, if you should have any questions, please do not hesitate to give us a call.
http://http://www.sos.state.co.us/pubs/pressrel/2011/PR20110404Alert.html
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