Lifestyles 011223

By Cindy Lempke Special to Lifestyles

With the holiday season in the rear-view mirror, many consumers are now preparing for tax season. For some, this means buying an o -the-shelf tax so ware package or making an appointment with a storefront tax return prep service. For most, however, they realize that their tax returns can be more complex and standard so ware programs have limitations when important questions arise. at’s why working with a professional Certi ed Public Accounting rm like Robert & Associates can be a game-changer. Not only do they bring more than three decades of experience to preparing tax returns, but they also help identify tax strategies that clients can apply throughout the year to minimize their tax burdens.

A Partner for Small Business

If you own or are thinking about starting a business, Robert & Associates also o ers expert counsel for establishing your enterprise as well as hands-on accounting services to keep your books on track. An entrepreneur herself, Susanne Robert understands the challenges inherent in establishing and running a business. As treasurer of the Evergreen Area Chamber of Commerce Board of Directors and active member of Women of Evergreen Business, she keeps her nger on the pulse of the area business community.

“Owning a business can be extremely rewarding,” said Robert. “It also can be challenging to juggle all the

operational aspects of a business, and especially keeping it nancially viable. Our rm loves working with business owners to set a course for their nancial success.”

A Bene cial Partnership

Robert & Associates o ers their clients strategic tax planning and investment strategies through a collaborative partnership with Wambolt & Associates Wealth Management Partners. Clients bene t from working with these teams of experts who can help navigate the changing tax laws and minimize tax implications.

“We o er alternative investment strategies particularly for savvy clients who want to re-invest capital gains or participate in tax-friendly investments as part of their overall nancial plan,” said Cindy Alvarez, Wambolt Owner and Senior Wealth Management Advisor.

Robert & Associates, LLC, Certi ed Public Accountants

Wambolt & Associates Wealth Management Partners

“Depending on the interests and appetite of an investor, there are several alternative investment strategies which are tax neutral or tax-deferred.”

A 1031 Exchange: is option allows the seller of a rental property to defer capital gains by purchasing a fractional ownership in another rental property that can be consider a “like kind” replacement property under the IRS code. e Exchange property must be identi ed 45 days prior to the sale of the existing property and there is a 180-day window for the re-investment of capital gains.

Private placement investments are opportunities available to accredited investors (individuals with a net worth of $1M, excluding their primary residence, or individuals with minimum earnings of

$200,000/$300,000 with spouse or partner in each of two prior years). Here are some examples:

•Quali ed Opportunity Zones: Another strategy for deferring capital gains is to re-invest them into a Quali ed Opportunity Zone, a distressed area earmarked for improvement to foster economic development. Investors have 180 days to re-direct their capital gains which defers the capital gains tax for a period of time.

• Conservation Easements: An agreement to restrict use of land to preserve it from development. A landowner who donates a qualifying conservation easement is eligible for a federal charitable deduction equal to the value of the easement.

•Energy (Oil & Gas + Renewables):

Please see TEAM WORK , Page 4

Your Home Has A New Year’s Resolution Too!

have goals for

home in 2023? We will bring beauty, safety, and warmth to your family, all while saving you money!

can have it all

insert from Mountain Hearth & Patio! Here are 10 ways to rethink your hearth appliance: More heat! Today’s hearth appliances are designed to be more e cient than ever. is means they get more heat into your home with less fuel. Regardless of whether you want to burn wood, gas, or pellets; newer hearth appliances are much more e cient than outdated ones. Most of today’s models boast up to 80% e ciency, which means more heat for your home and savings on your heating bills. ese newer replaces, stoves, and inserts utilize special ceramic glass, which is designed for optimal heat transfer and doubles as a large re viewing window.

Do you want to change your fuel? Our most common project is to convert an outdated ine cient wood burning replace to gas. Many of our customers are switching to the convenience of a gas-fueled replace, stove, or insert. With the push of a button, the replace turns on or it can be thermostatically controlled to keep your room consistently comfortable. No more stooping to load rewood or turn on your replace from underneath.

You CAN update a masonry replace. Does your living room currently have a dra y, ine cient open wood burning replace? You can seal out the cold and bring heat into your home by updating it with an insert. You can have an insert that burns

wood, gas or pellets. If you’re happy with your replace but want to stop the dra , we can replace the conventional damper with a top-sealing damper. Also, we can help you design and install a new set of doors that will help retain heat, save money on energy bills, and update the look of your replace.

Improved safety: New EPA-Certi ed wood burning units burn e ciently and cleanly, reducing creosote buildup which is what burns in a hostile chimney re. Newer gas-fueled replaces, stoves, and inserts are also safer than older models because of Direct Vent technology, which means there is no chance of carbon monoxide or soot entering your home from these appliances.

Create a centerpiece for your home! Today’s hearth appliances have a much wider variety of design options to compliment any style. New gas replaces come in nearly any shape and size, with popular choices being a traditional full-view style or replaces that are longer than they are tall, the “linear” replace. Gas hearth appliances o er near endless options for customization, such as choices for log sets or glass bead burner media, traditional to contemporary rebox panels, and choices of front and metal nishes!

Save money on your heating bills. Gas is the most cost-e ective source of heat for your home. Having a new high-e ciency gas-fueled hearth appliance will pay for itself in the long-term by reducing the amount of fuel required to heat your home. If you access to a lot of cordwood, an updated high-e ciency EPA-Certi ed wood burning

replace, stove, or insert will heat your home without relying on your conventional electric baseboard heat.

Since hearth appliances are o en in living rooms or great rooms, you can use zone heating; heating only the area where you spend the most time. is means that the energy you use to heat your home is expended where it is needed and reduces the heat wasted in unused rooms, saving you money on your heating bills. Do you have an e cient heater in the room where you spend the most time? ink about upgrading or adding a hearth appliance to take advantage of zone heating!

Add a replace anywhere. Did you know you can even put a hearth appliance where there wasn’t one before? It is not as complex as you may think to add a new, highly e cient gas or wood burning replace to your home. If you want extra heat in your bedroom, TV room, basement, or addition, give us a call to discuss your project!

Improved air quality. Both wood burning and gas-fueled hearth appliances have bene ts to air quality! Gas appliances improve indoor air quality because they are a sealed system, called Direct Vent Technology. at technology brings combustion air in from the outside to fuel the ames, and exhaust combustion byproducts out a separate channel, so there is no intermixing into your living environment air. New wood burning appliances improve both indoor and outdoor air quality as well because of EPA restrictions on particulate matter in smoke. Another part of the EPA certi cation is combustion

air control, so signi cantly less air is being taken from your home to fuel the re. is also slows the burn of the wood, saving fuel. If your old wood burning appliance isn’t EPA-Certi ed, you are throwing money away on wasted wood and a dra y appliance.

Convenience! Do you wish your hearth appliance was easier to use and you could control it from the easy chair like you do your TV? en you will love the convenience that comes with a new gas replace, stove, or insert. Gas hearth appliances keep you warm with the ease of remote controls and thermostatic settings.

Protect your investment. If you already have your ideal hearth appliance, you can protect your hearth appliance and your home with proper annual maintenance. Our technicians are certi ed by the Chimney Safety Institute of America and the National Fireplace Institute. eir expertise can help you to make the most of your hearth appliance, and keep it running e ciently for years to come. We can also service your dryer vent with your hearth appliance!

For 2023, make your home’s beauty, safety, warmth, and cost savings a priority! We can help you achieve the New Year’s Resolution for your house with a new hearth appliance. Give us a call today at 303-6791601, email O ce@MtnHP.com, or visit our showroom at 7001 Highway 73, Evergreen. You can also learn more about our energy-saving products at www.MtnHP.com. Happy New Year from Mountain Hearth & Patio!

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TEAM WORK

From Page 2

ere is a signi cant write-o for each dollar invested against ordinary income in year one for oil and gas drilling. is strategy provides a quick return of capital as long as wells are producing. Renewable Energy, especially solar, provides an opportunity for investors. Every dollar invested in solar credits equals $1.30 on average in depreciation allowance.

Art: Investing into a fund representing 60-70 contemporary works with broad diversi cation that are sold to that are sold to auctioneers, private galleries, and collectors, with proceeds distributed to the investors.

An Integrated Approach to Wealth Management

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Private REITs: Real estate investment trusts, open to accredited and institutional investors, typically yield higher returns than REITs on the public market. ey include multifamily real estate, storage units, hospitals, and hotels and resorts.

e Wambolt Approach

To best address the needs of their

clients, Wambolt & Associates founder Greg Wambolt fosters a multi-advisory or “family o ce” approach to advising. is model o ers a team of advisors

representing investment, nancial, planning, tax, legal and estate services all coordinated and accessible under one roof. is integrated approach to wealth management has been the norm for high wealth families for decades.

e Wambolt team is dedicated to helping clients manage their wealth to sustain them during their lifetimes and to creating security for future generations. Wambolt & Associates is a Registered Investment Advisor and designated duciary meaning that the rm does not o er any commission-based investment products to clients. Instead, the Wambolt team is solely motivated by achieving successful outcomes for their clients, to whom they are directly accountable.

e team’s expertise was recognized in 2022 when rm owners Greg Wambolt and Cindy Alvarez were both were named Five Star Professional Wealth Managers, a distinction given to 259 awardees out of 2,100 nominations.

Creating Better Tax Outcomes

When it comes to tax-related issues, Wambolt advisors educate their clients that “every nancial decision has a tax implication.” at’s where the partnership with Robert & Associates comes into play.

Wambolt provides high-level consultation on customized tax strategies and refers tax return preparation and tax projections to Robert & Associates -– a seamless transition designed to address clients’ tax needs in a comprehensive fashion.

e Robert & Associates analysis of a client’s tax projection provides valuable guidance for Wambolt to apply when designing investment strategies to o set that client’s taxable income. is model is particularly helpful to clients experiencing or anticipating a major nancial change due to the start-up or sale of their business, an inheritance, or a signi cant loss.

A “Win” for Clients

Both Robert and Wambolt are boutique rms that develop long-term relationships with their clients. eir professional alliance has elevated the level of customized service they provide. e synergistic partnership of wealth management and certi ed public accounting is designed to empower clients to make strategic nancial decisions for the bene t of their businesses and families for years to come. For more information, visit www.wamboltwealth. com or www.robert-associates.com

‘Owning a business can be extremely rewarding, It also can be challenging to juggle all the operational aspects of a business, and especially keeping it financially viable. Our firm loves working with business owners to set a course for their financial success.’

Susanne Robert, Robert and Associates

‘Depending on the interests and appetite of an investor, there are several alternative investment strategies which are tax neutral or tax-deferred.’

Cindy Alvarez, Wambolt & Associates

From the time a client walks through the door, the Robert & Associates team strives to provide timely, responsive and friendly service.

Wambolt & Associates welcomes clients at its main o ce in Littleton, CO, and connects with investors and stock market in uencers from across the country.

Wambolt & Associates Founder Greg Wambolt (Center) leads an experienced team that provides clients with a high level of tax, estate and investment services all under one roof.