What is a will and who are the parties involved.  The video below has been prepared by an estate planning attorney at The McGuire Law Firm to discuss these issues.  Although, many people understand, or have an idea as to what a will is, many people still have questions as to what a will can...Read More

The McGuire Law Firm provides a free consultation with a tax attorney so you can discuss your tax matters, facts and circumstances with an attorney.  John McGuire, the founder of The McGuire Law Firm has always felt it necessary to provide a free consultation to clients to determine the client’s needs and issues, and determine...Read More

What are the basis rules regarding joint tenancies that are created by a gift?  Under Internal Revenue Code Section 1015(a), generally, the basis of property received via a gift would be the basis of the donor, or the last preceding owner that did not acquire the property via a gift.  When the basis in property...Read More

In previous articles liability relief from a partnership has been discussed.  Generally, liability relief from a partnership is deemed a distribution to the partner who has been relieved of the liability.  But, what happens when a partner is relieved of liability at the liquidation of the partnership?  Can liability relief be deemed a liquidating distribution...Read More

Audits are performed by the Division of Unemployment Insurance within the Colorado Department of Labor and Employment as federally required. The requirement has been established in hopes of insuring compliance by employers as well as to provide guidance, information and help to employers.  How are businesses audited by the Division of Unemployment Insurance in Colorado? ...Read More