PBG Advisors & CPAs

09/04/2026

📊 Tax Planning: Don’t Wait Until Tax Season

Tax preparation looks at what has already happened. Tax planning looks ahead.

Many tax-saving opportunities depend on decisions that need to be made before the end of the year. Planning ahead gives you time to review your financial situation, consider potential strategies, and make informed decisions before December 31.

Tax planning may include reviewing:

💰 Timing of income and expenses
🏦 Retirement contributions
📈 Business deductions
🏢 Business structure decisions
💡 Potential tax credits
📋 Estimated tax payments

The goal? Be proactive now so there are fewer surprises when tax season arrives.

Learn more about proactive tax planning with PBG Advisors:
https://pbgadvisors.com/tax-planning-strategies-business-owners/

Smart business owners want to know how to reduce taxes. While tax preparation is important, the most effective way to reduce taxes is through proactive planning throughout the year. Read more about how to save in taxes.

09/01/2026

🏡 A will is important—but it may not be enough.

Trusts can play a powerful role in protecting your assets, avoiding probate, planning for incapacity, and ensuring your wishes are carried out exactly as intended. They're especially valuable for families with young children, blended families, business owners, or anyone with more complex financial goals.

Estate planning isn't just about what happens after you're gone—it's about creating peace of mind for the future.

📖 Learn how trusts can help protect your legacy: https://pbgadvisors.com/value-of-trusts-in-estate-planning/

📍 PBG Advisors | Your trusted Grand Junction CPA

Learn how trusts can help protect assets, avoid probate, support beneficiaries and provide long-term flexibility in your estate plan.

08/28/2026

📘 Back-to-School Tax Tips 🎒✏️

Back-to-school season is a good reminder that certain education expenses may come with valuable tax benefits.

🎓 American Opportunity Tax Credit – Eligible students may qualify for a credit of up to $2,500 for qualified expenses during the first four years of college.

📚 Lifetime Learning Credit – This credit may provide up to $2,000 per tax return for qualifying tuition and education expenses, including undergraduate, graduate, professional and job-training courses.

💰 529 Plans – These tax-advantaged savings plans can help families prepare for education costs. Funds can generally be used for qualified expenses such as tuition, fees, books, computer equipment, and certain room and board expenses.

As the school year gets underway, it’s a great time to review your education expenses and keep good records for tax time!

Learn more about education savings and tax planning on our website:
https://pbgadvisors.com/what-you-should-know-about-529-plans/

Learn how 529 plans work, including tax benefits, contribution rules, qualified education expenses, FAFSA considerations, and options for families saving for education.

08/25/2026

👥 Is every salaried employee exempt from overtime? Not necessarily.

Employee classification is more than an HR checkbox—it's a legal requirement that affects wages, overtime eligibility, payroll taxes, and compliance. Misclassifying employees can lead to costly penalties, back pay, and unnecessary headaches for your business.

Understanding the difference between exempt and nonexempt employees can help protect your business and ensure your team is classified correctly.

📖 Learn what employers need to know in our blog: https://pbgadvisors.com/exempt-vs-nonexempt-employees/

📍 PBG Advisors | Your trusted Grand Junction CPA

Learn the differences between exempt and nonexempt employees, including overtime rules, FLSA requirements, and employer classification responsibilities.

08/18/2026

💸 Debt forgiven doesn't always mean taxes forgiven.

If a lender cancels or forgives a debt, the IRS may consider that amount taxable income. The good news? There are exceptions—but knowing which rules apply can be complicated.

📖 Learn what canceled debt could mean for your taxes: https://pbgadvisors.com/tax-consequences-of-canceled-debt/

📍 PBG Advisors | Your trusted Grand Junction CPA

Learn when canceled debt is considered taxable income, what exceptions and exclusions apply, and how to report canceled debt correctly on your tax return.

08/17/2026

We’re proud to sponsor Spark Summit 2026—an event bringing together the leaders, entrepreneurs, and changemakers shaping the future of Western Colorado.

Join us on September 23 at Colorado Mesa University for meaningful connections, fresh ideas, and practical strategies to help you and your business grow. We hope to see you there!

Learn more and reserve your spot at sparksummit.biz.

They say your net worth is your network. Who is in your business corner?

We are quickly approaching Spark Summit 2026 - the ultimate gathering for Western Colorado’s most ambitious professionals. Scaling a business, keeping top talent, and driving operational alignment isn't meant to be done in isolation. We are proud to highlight the forward-thinking sponsors making this collaborative powerhouse possible. These organizations aren’t just backing an event - they are actively investing in the future of our regional economy:

BBSI Grand Junction
BNI West Slope
CommWest
EOS - Kristin Donahue
Evergreen Administrative Services
Geneva Financial
Growth Legal LLC
PBG Advisors & CPAs
Robert Bever Strategic Business Coach
Carrie Konakis - Shelter Insurance Agent
The Business Times
Davis Law Group
Two:Seven Stewardship
Wildroot Consulting

🔥 Don’t Just Hear About the Breakthroughs - Be in the Room.

Business and professional growth doesn't happen in isolation, you need to be in the room with the leaders, and entrepreneurs who are actively shaping Western Colorado's economy. Connect with the region's top changemakers and walk away with high-impact strategies to elevate yourself and business.

When: September 23, 2026
Where: Colorado Mesa University

🎟️ Secure your spot at the table: www.sparksummit.biz

08/14/2026

🌟 Staff Spotlight: Meet Kitrick 🌟

We're excited to highlight Kitrick Galloway, CPA, one of the partners at PBG Advisors! Since 2016, Kitrick has been helping individuals and businesses navigate complex tax matters with confidence. He enjoys building relationships with business owners and providing the guidance they need to make informed financial decisions.

Outside of work, Kitrick is always on the move. Whether he's out for a run 🏃 or cheering on his kids from the sidelines ⚽🤸, he loves staying active and spending time with his family. He'll be the first to tell you that his family is much cooler than he is! His wife is a nurse practitioner, his daughter is a decorated gymnast, and his boys play club soccer. Between sports, music, and school activities, they keep him busy—and he wouldn't have it any other way.

A few fun facts about Kitrick: he speaks Spanish 🗣️, is a devoted Barça fan ⚽, loves sushi and shellfish 🍣, and says his favorite vacation destination is anywhere with a beach 🏖️. Before becoming a CPA, he was also a certified EMT 🚑. He even grew up in a town so small that the nearest stoplight was more than an hour away!

Kitrick brings dedication, experience, and a great sense of humor to our team every day. We're grateful to have him as part of PBG Advisors and appreciate the care he provides to both our clients and our team.

08/11/2026

🗂️ Think tax season starts in April? Think again.

The best time to prepare for next year's tax return is right now. A quick midyear check-in can help you avoid surprises, maximize deductions, and make sure you're on track before filing season rolls around.

Whether it's reviewing your withholding, organizing records, or planning ahead, a little effort now can pay off later.

📖 Read our latest article for simple midyear tax planning tips: https://pbgadvisors.com/never-mind-april-15-tax-time-now/

📍 PBG Advisors | Your trusted Grand Junction CPA

The IRS encourages taxpayers to review withholding, organize tax records and make midyear tax planning adjustments now to help avoid surprises next filing season.

08/07/2026

🚨 Reserve Your Spot: QuickBooks Training Starts Next Week! 🚨

⏰ Only 8 spots remain!

Join our CPAs and Certified QuickBooks Online ProAdvisors for this practical four-part training series beginning next week.

📊 Build confidence in QuickBooks
📈 Better understand your financial reports
💼 Make more informed business decisions

✅ Reserve your spot today!

PBG Advisors, a team of experienced CPAs, is an established leader in providing the highest quality financial and tax support to businesses and individuals all over the U.S.

08/04/2026

529 plans can do more than help pay for college. 🎓✨

Depending on the plan and how the funds are used, they may also help cover K-12 tuition, apprenticeships, certain student loan payments, and other qualified education expenses. But before opening an account—or making contributions—it's important to understand the rules, tax benefits, and potential limitations.

Every family's education savings goals are different, so knowing your options can help you make the most of your investment.

🔍 Learn more by reading our latest article: https://pbgadvisors.com/what-you-should-know-about-529-plans/

Learn how 529 plans work, including tax benefits, contribution rules, qualified education expenses, FAFSA considerations, and options for families saving for education.