Comiskey & Company, P.C.

Comiskey & Company, P.C. Certified Public Accountants & Consultants Comiskey & Company, P.C. is a full-service CPA firm. We now have three offices:
* Denver
* Pueblo @ 121 W.

The business was established in 1984 and specializes in taxation, accounting and auditing for construction, agriculture, professional athletes, oil and gas, and many other industries. In addition, our highly-motivated professional staff has allowed us to expand into non-traditional engagements, including fraud investigations and lease negotiations. City Center Dr, Ste 101 Pueblo, CO 81003
* Rocky

Ford @ 410 N. 9th St., Rocky Ford, CO 81067

You can count on us to provide high caliber financial professionals no matter what the project. Tax services
* All planning services
* Audits
* Multi-State and Local
* Complex Corporate
* Construction-specific
* Estates
* Valuations
* Offer in Compromise

Construction
* Audits, reviews, compilations
* Tax planning
* Succession planning
* Government contracts

Agriculture
* Audits, reviews, compilations
* Tax planning and compliance
* Agreed-upon procedures
* Consulting

Technical
* QuickBooks
* Office suite
* Accounting software
* Training

Complex federal income tax rules apply to self-created intangible assets. Sales of self-created intangibles that qualify...
07/20/2026

Complex federal income tax rules apply to self-created intangible assets. Sales of self-created intangibles that qualify as capital assets — such as goodwill and customer lists — generate capital gains or losses (with gains typically taxed at 15% or 20%).

However, sales of noncapital self-created intangibles — such as certain patents and copyrights — may be subject to ordinary income tax rates, which can be as high as 37%. In short, the type of asset, who created it and who owns it can matter.

If you’re planning to sell or transfer intangible assets, we can help you understand the federal tax implications before your deal is finalized. Contact us to learn more.

Many parents don’t know that the “kiddie tax” exists. Others assume it affects only minor children. But it also can appl...
07/19/2026

Many parents don’t know that the “kiddie tax” exists. Others assume it affects only minor children. But it also can apply to full-time students through age 23 and 18-year-olds even if they aren’t full-time students. When it applies, the child’s unearned income in excess of $2,700 (for 2026) is taxed at the parent’s tax rate, if higher.

If your child has investment income from custodial accounts, consider reviewing the types of investments in those accounts. Growth-oriented investments that generate little current income may help reduce exposure to the kiddie tax until your child is old enough that the tax no longer applies.

If you’d like help evaluating your family’s situation, contact us.

If you participate in a company 401(k) plan, there may be an option to add to your retirement nest egg that you’re not a...
07/18/2026

If you participate in a company 401(k) plan, there may be an option to add to your retirement nest egg that you’re not aware of: after-tax, non-Roth contributions. These contributions aren’t subject to the annual elective deferral limit ($24,500 for 2026, plus catch-up contributions if you’re age 50 or older). So, if your plan allows, you can make them after you’ve maxed out your deferral limit, including catch-up contributions, if applicable. They create tax basis in your account that can eventually be withdrawn tax-free. And growth on the money won’t be taxed until you start taking withdrawals. We can review your situation and help you determine whether you might benefit.

All businesses need strong internal controls to prevent and detect fraud. But different industries face different risks....
07/17/2026

All businesses need strong internal controls to prevent and detect fraud. But different industries face different risks. According to the latest fraud research, restaurants are especially vulnerable to corruption and billing schemes, often involving vendors. Businesses in the food services sector can benefit from installing video surveillance and conducting employee background checks. Contractors also experience corruption, including kickbacks and bid-rigging, as well as theft of materials. These can be controlled by implementing robust review procedures and hiring on-site security. To learn more about effective controls based on your industry and business-specific factors, contact us.

Your estate plan should be flexible enough to adapt to changing laws, family circumstances and financial situations. If ...
07/16/2026

Your estate plan should be flexible enough to adapt to changing laws, family circumstances and financial situations. If it includes a trust, there’s a risk that the trustee will be unwilling (or unable) to make appropriate moves in response to change. A trust protector can provide the needed flexibility. The trustee manages the trust on a day-to-day basis. The protector oversees the trustee and weighs in on critical decisions. Other protector powers can include replacing the trustee and resolving disputes between the trustee and beneficiaries. But providing a protector with a broad range of powers can hamper the trustee’s ability to manage the trust efficiently. Contact us for more details.

A grantor retained annuity trust (GRAT) is an irrevocable trust that allows you to transfer appreciating assets to benef...
07/15/2026

A grantor retained annuity trust (GRAT) is an irrevocable trust that allows you to transfer appreciating assets to beneficiaries while retaining the right to receive fixed annuity payments for a specified term. At the term’s end, any remaining assets pass to your chosen beneficiaries. If your estate exceeds the federal gift and estate tax exemption, one of a GRAT’s most attractive features may be its ability to reduce gift and estate taxes. A GRAT is commonly funded with assets that are expected to increase significantly in value. Any asset appreciation above the Section 7520 rate can pass to beneficiaries free of additional gift or estate tax. Contact us for more details.

Self-employed individuals often miss legitimate tax savings because they fail to keep adequate records or misunderstand ...
07/14/2026

Self-employed individuals often miss legitimate tax savings because they fail to keep adequate records or misunderstand the rules. Don’t let this happen to you.

Follow this golden rule: Business expenses must be ordinary (common in your industry) and necessary (helpful and appropriate for the business). Of course, you can deduct supplies, materials, and employee payroll and benefits. But don’t overlook other deductible costs — such as for your home office, education, business meals and travel, and business vehicles.

We can help you identify qualifying business expense deductions and establish recordkeeping practices that support them. Contact us to learn more.

Can taxpayers deduct alimony payments? It depends on when you signed your divorce or separation agreement. If it was mad...
07/14/2026

Can taxpayers deduct alimony payments? It depends on when you signed your divorce or separation agreement. If it was made in 2019 or later, you can’t deduct alimony (and alimony’s not included in the recipient’s taxable income). But these payments are generally deductible (and taxable to the recipient) if they’re subject to an agreement made before 2019 — unless it was modified. As for child support payments, they aren’t deductible if you make them or considered taxable income if you receive them, regardless of when the agreement was signed. If you’re going through a divorce, consult us. We can work with your attorney to manage tax issues and minimize your tax burden.

Did you receive an IRS CP53E notice and wonder what it means for your tax refund? Millions of taxpayers received these n...
07/13/2026

Did you receive an IRS CP53E notice and wonder what it means for your tax refund? Millions of taxpayers received these notices — in some cases erroneously — causing confusion about refund processing and bank account information. The notices also raised concerns about potential fraud. In response, the American Institute of CPAs (AICPA) is urging the IRS to improve the process. The AICPA recommends clearer explanations about why CP53E notices are issued, whether taxpayers need to act and how the IRS uses direct deposit information. It also suggests providing better guidance on who qualifies for paper refund checks. Have questions about a CP53E notice? Contact us.

Noncorporate business owners: Midyear is a good time to step back and think about taxes. After all, your business income...
07/12/2026

Noncorporate business owners: Midyear is a good time to step back and think about taxes. After all, your business income affects your personal federal tax liability. If you’re a sole proprietor or owner of a pass-through entity, start by reviewing your expected 2026 income, tax bracket, deductions and cash flow to determine whether it makes sense to defer income and accelerate deductible expenses — or do the opposite. Also, evaluate your eligibility for the Section 199A qualified business income (QBI) deduction. In particular, look at its income-based limits, W-2 wage and property rules, and special restrictions for certain service businesses. Contact us to discuss tax saving strategies.

Address

143 Union Boulevard, Suite 250
Lakewood, CO
80228

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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