SSA
3355 American Drive
Colorado Springs, CO 80917-5707
Phone: 719-574-0100
Fax: 719-380-9631
MAP
SSA Home Page map to SSA accounting firm

Accountants in Colorado Springs

Our CPA firm helps businesses like yours and individuals like you experience enhanced prosperity.

Our accounting firm believes the best advice contemplates the fundamental needs of our clients.

When our accountants ask enough of the right questions, we consistently uncover the right answers. Our clients have the same hopes, fears, needs and desires for security that we all have. When someone says they want better financial reporting, primarily they want more certainty about the results of their business. Financial stress is often rooted in uncertainty and a perceived lack of control. We view providing the right financial reporting as stress relief through controlling uncertainty.

The same applies to income taxes. Making sure our clients are informed about tax opportunities and the amounts they can expect to pay serves to reduce uncertainty and stress.

accountantsIn many cases, our clients want to spend less time in their businesses. This is time freed up for family, leisure and the more satisfying aspects of life. If this is what a client seeks from a relationship with SSA, P.C. we help identify the paths that allow the business or personal financial plan to provide the monetary assets needed.

Clients tell us they find great value in this approach. When focus changes from just numeric results to personal results, satisfaction levels soar. Our clients are some of the most financially successful organizations and individuals in the Pikes Peak region; can we add you to that list?

Payroll Tax Cut Extended to the End of 2012
Under the Middle Class Tax Relief and Job Creation Act of 2012, workers will continue to receive larger paychecks for the rest of this year based on a lower social security tax withholding rate of 4.2 percent, which is two percentage points less than the 6.2 percent rate in effect prior to 2011. This reduced rate, originally in effect for all of 2011, was extended through the end of February by the Temporary Payroll Tax Cut Continuation Act of 2011, enacted Dec. 23.

No action is required by workers to continue receiving the payroll tax cut. As before, the lower rate will have no effect on workers' future Social Security benefits. The reduction in revenues to the Social Security Trust Fund will be made up by transfers from the General Fund.

Self-employed individuals will also benefit from a comparable rate reduction in the social security portion of the self-employment tax from 12.4 percent to 10.4 percent. For 2012, the social security tax applies to the first $110,100 of wages and net self-employment income received by an individual.

The new law also repeals the two-percent recapture tax included in the December legislation that effectively capped at $18,350 the amount of wages eligible for the payroll tax cut. As a result, the now repealed recapture tax does not apply.
© Copyright 2012 SSA, P.C.