Citywide Banks E-News
Message from Citywide Banks President & CEO, Kevin Quinn
Talk to Your Accountant about New Tax Benefits Related to New Hires & Equipment
Message from Citywide Banks Leadership
Citywide Banks always encourages responsible growth for our clients. In fact, there have been times over the years when we have advised a client or two to hold off on incurring debt. We don’t believe in “lending a business into trouble” because we only succeed when your business succeeds. That’s one way we add value to our long-term relationships with growing businesses.

Another way we add value is keeping you informed about the resources available to help maximize your profitability. Recently, the Hiring Incentives to Restore Employment (HIRE) Act created opportunity for savings via payroll tax exemptions and tax credits for hiring previously unemployed workers. goRead more

Citywide's PRO BUSINESS TIPS Article Series for Small Business
Accounting Tips:
Finding the Silver Lining
in the Real Estate Decline
by Lloyd F. Sweet, Jr., CPA
Eide Bailly LLP
The US and global economies have been in turmoil for close to 24 months now. There are differing views as to whether we are coming out of the recession, or headed for a double-dip recession. I will leave those forecasts to the economists! One thing is certain: we will all experience a number of significant tax law changes in the next several years.

The last 24 months have seen not only a tumultuous economic ride for individuals and businesses, but also a significant number of tax law changes that will impact us all in the near future. Although some changes will provide more opportunities, in most cases, businesses will be paying higher taxes. As business owners and investors, you should be aware of the direction of these changes so that you can be proactive in planning. What follows is a summary of the more important changes that will affect you in the next one to three years... goRead more
Citywide Banks presents Monthly Denver Economy Tracker goDOWNLOAD August Tracker
Citywide Banks presents summary and analysis of local and national economic trends
Inside the Economy Column:
Bereft of Certainty goRead now
Real Estate Highlights
(Jul 10) Denver Home Sales - 24%*
Consumer Spending Highlights
(2010-YTD) Denver Consumer Price Index +1.1%**
(May 10) Colorado Retail Sales +6.4%*
Employment Highlights
(Jun 10) Denver Unemployment Rate - 0.3%*
Colorado Biz Trends
This past May, each job in Colorado generated an average of $4,309 in retail sales expenditures. This represents a 9% increase from May 2009.
goView more
*Compared to same period in 2009
**Compared to full year 2009
 
"Most people spend more time and energy going around problems than in trying to
solve them."
- Henry Ford
 
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