Closely observing his father run a successful small business and working in the fields on his grandfather’s farm in Minnesota Pat knew early on he wanted to run his own business. You might say it’s in his DNA. Over the years he developed a passion for learning about and operating a small business.
After taking a bookkeeping class in high school Pat knew he wanted to be a CPA. After graduating with a Bachelor of Science in Business from the University of Colorado at Boulder he started working for a national CPA firm in Colorado Springs in 1980. Pat started our firm in 1985 offering accounting, tax and consulting to individuals and businesses. We are proud to have several clients that have been with us from the start and that we have been able to assist generations of family members.
He is the proud father of Andrea, Allison and Brent. Outside of the office you can find Pat out running on the Santa Fe Trail or fishing in a mountain stream.
Patrick J. Murphy Colorado Individual Certificate Number 6642
Patrick J. Murphy, P.C. Colorado Firm Registration Number 12514
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On November 16, the House passed a new tax reform bill that moves the GOP closer to bringing the legislation to fruition. Now the Senate is preparing its own tax reform package. If passed, it must be reconciled with the House before any final legislation goes to the White House. Here is a snapshot of some of the key changes proposed in the tax reform bill:
With just days to go before Thanksgiving, the clock is ticking down to some of the most memorable meals of the year. However, for many of us, the pressure of preparing a perfect Thanksgiving feast can be overwhelming. If this is true for you, consider these tips to simplify your seasonal spread.
The end of the year is often hectic, which is why it’s important to take some time now to reduce your tax bill. Our firm can offer additional strategies to further mitigate your tax burden; however, the following 5 tips are an excellent starting point: