Services

We’ve got your accounting needs covered, whether it’s bookkeeping for individuals or businesses, payroll, sales tax compliance or general tax preparation.

save your money by working with Levulis Ledgers CPA

What we offer

In accounting, it’s all about stacking bread—because the only thing better than making money is making sure it all adds up!

Bookkeeping

Tax Preparation

Individuals

Business

Estates

Payroll Services

Sales Tax Compliance

Real Estate

    • Short and long term rentals can be classified differently during tax season. We make sure you're reporting correctly and ensure you're eligible for the maximum amount of deductions.

    • Real estate investments can be a long term asset or a liability in your portfolio. Our background in real estate specific accounting gives us the ability to maximize your potential and minimize your risk.

Construction

    • Work-in-process (WIP) project accounting for construction is a method used to track and manage the costs associated with projects still in progress. This approach is crucial because construction projects often span multiple months or even years.

    • Accurately accounting for expenses helps ensure profitability and effective cash flow management—after all, you want to make sure you're not just bringing home the bacon, but have enough grease leftover to keep things running smoothly for you and your projects. Cash flow bottlenecks can grind a project to a halt.

    • Recognizing revenues and planning accordingly for the tax implications is the biggest pitfall that can trip up a real estate investor. Accurate bookwork (the simplest solution!) gives a more accurate reflection of a project's performance over time.

    • Accurate bookwork paired with tax planning can help an investor with decision making when it is most critical. When you are counting your clams wisely, divvying up the profits and associated taxes becomes something everyone understands. You can plan for and not be (surprised!) holding a bucket of clams no one wants (an unexpected tax bill.)

    • Insurance and workers' compensation audits in construction are critical processes that ensure compliance with insurance policies, assess risk, and confirm that premiums are accurately calculated based on actual exposure and payroll.

    • Don’t let this annual “counting of the chips” cost you.

    • Construction accounting becomes very different when a builder is working for a specific family to build their dream home (custom) or building a dream home with no specific family in mind yet (spec). If you are not paying attention to your finances with “bread and butter” accurate bookkeeping, you could very well find yourself in a cash flow squeeze.

    • Construction accounting becomes very different when a builder is working for a specific family to build their dream home (custom) or building a dream home with no specific family in mind yet (spec). If you are not paying attention to your finances with “bread and butter” accurate bookkeeping, you could very well find yourself in a cash flow squeeze.

Manufacturing

    • Cost of goods sold calculations, especially at year end, can be your holiday miracle. Accurate counts are crucial, but understanding the intricacies of year end accounting can make or break a tax year. That’s why we keep your books tightly wrapped and packaged. 

    • Choosing a different fiscal year end to fit your business is just one of the ways we can optimize your accounting and reduce your stress.

    • Colorado is a “home rule state” meaning, instead of taxes being collected by the state and distributed down, each city and county have their own tax obligations. Making sure you’re in compliance is one of the first steps in ensuring you’re set up for success (particularly if you’re selling goods online).

Retail

    • Separating your locations through cash flow and expense tracking helps to streamline decision making while still being able to see the big picture and overall profitability.

    • Colorado is a “home rule state” meaning, instead of taxes being collected by the state and distributed down, each city and county have their own tax obligations. Making sure you’re in compliance is one of the first steps in ensuring you’re set up for success (particularly if you’re selling goods online).

    • Accurate inventory counts are crucial, and understanding the intricacies of year end accounting can make or break a tax year. Choosing a different fiscal year end to fit your business is just one of the ways we can optimize your accounting and reduce your stress.

Restaurants

    • There are big benefits to accurately accounting for tips paid to your employees, let’s make sure it all checks out so you don’t experience a “dine and dash” with the IRS.

    • Restaurants in particular have benefitted from a number of recent tax bills related to COVID-19. Don’t miss out on benefits that could impact you.

Estates & Trusts

    • Losing a family member is never easy, but we can make sure navigating the complexities of fiduciary tax law is as peaceful as possible.

    • Making sure your will has the right wording to ensure tax law doesn’t bite into your charitable gift is the first step to making sure you can do good in this life and beyond. Order of operations are crucial, let’s work together to make sure you’re set up correctly.

    • Who pays tax matters. When your estate is distributed, looking out for your beneficiaries is top of mind. What your estate pays for tax and what your beneficiaries would pay may be very different.