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WCG CPAs & Advisors
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WCG CPAs & Advisors
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    • Avoid Self-Employment Tax
    • Late S Corp Election
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    Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.

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    WCG CPAs & Advisors can help launch your venture, and provide tax prep, tax planning and reduction strategies, accounting services 
and routine business consultation.

    Discovery Meeting
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    Real Estate Investor Hub

    Real Estate Investor Hub

    Designed for rental property owners where WCG CPAs & Advisors supports you as your real estate CPA.

    Read More

    WCG CPAs & Advisors helps real estate investors and rental property owners build wealth by providing expert advice, tax planning and reduction strategies, and routine consultation. And, we're pretty cool too.

    Discovery Meeting
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    • Individual Tax Prep
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    • FasTrac 1040

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    • Tax Reduction Strategies
    • End of Year Tax Moves
    • Business Tax Deductions
    • Tax Patrol Services
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    Get Started

    Everything you need from tax return preparation for your small business to your rental to your corporation is here.

    Read More

    WCG CPAs & Advisors makes tax return preparation a snap with easy to use checklists and smooth tax return delivery including ongoing tax planning and reduction strategies. We are your advocate!

    Tax Prep Intake
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    About WCG Inc.

    About Us

    WCG’s primary objective is to help you to feel comfortable about engaging with us

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    WCG CPAs & Advisors provides a ton of resources including blog posts, and our LLC S Corp and Rental Property books for your education and tax reduction strategies.

    Discovery Meeting
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(719) 387-9800
22 Nov
Blog

PPP Loan Forgiveness is Taxable Income Today

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysPPP loans are taxable in a roundabout way: While the loan itself isn’t income, expenses paid with PPP funds cannot b...

Continue reading

08 Jul
Blog

C Corp vs S Corp

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysS Corp vs C Corp: Switching from S Corp to C Corp mainly for the 21% corporate tax rate is generally a bad idea due ...

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17 Jun
Blog

PPP Loan Forgiveness Calculation

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysPPP Overview: The Paycheck Protection Program (PPP) provided forgivable loans to small businesses to cover payroll, ...

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22 May
Blog

History of WCG

  • January 26, 2026
  • By author-avatar Jason Watson
The history of WCG CPAs & Advisors starts off like many CPA firms. Tina Watson obtained her CPA license in May 2003. She had gained...

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06 May
Blog

SBA PPP Loan Forgiveness

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysThis post focuses on frequently asked questions about PPP loan forgiveness, not on calculating the loan amount. M...

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28 Mar
Blog

Paycheck Protection Program

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysThe Paycheck Protection Program (PPP) is a $350 billion SBA loan program created under the CARES Act to help small b...

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21 Mar
Blog

COVID-19 Benefits

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysMore family time as people stay home, reconnect, and enjoy simple activities together. Schools are shifting to on...

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17 Mar
Blog

2019 Income Tax Payments Extended by IRS

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysFederal tax filing and payment deadline for 2019 extended from April 15 to July 15, 2020. Interest and penalties ...

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15 Mar
Blog

Online Tax Accountant

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysOnline tax accounting makes filing simple, secure, and contactless. WCG has been offering remote tax preparation ...

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03 Jan
Blog

SECURE Act including FCAA

  • January 26, 2026
  • By author-avatar Jason Watson
Key TakeawaysSECURE Act 2019 boosts retirement flexibility and small business benefits. Start-up 401k plans can get higher tax...

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Business Advisory

  • Avoid Self-Employment Tax
  • Late S Corp Election
  • Multi-Entity Arrangements
  • Deal Structures
  • Operating Agreements
  • Bookkeeping + Analysis Services
  • Reasonable Shareholder Salary
  • Business Tax Deductions
  • Periodic Business Reviews
  • Medical Contractors

Real Estate

  • Passive Activity Losses
  • Material Participation
  • Real Estate Professional
  • Short-Term Rental Loophole
  • Rental Property Tax Deductions
  • Cost Segregation Study
  • Improvements and Rehabs
  • Repair Safe Harbors
  • Accelerated Depreciation
  • 1031 Like Kind Exchange

Tax Center

  • Individual Tax Prep
  • Business Entity Tax Prep
  • Rental Property Tax Prep
  • Expat Tax Prep
  • FasTrac 1040
  • Tax Planning Services
  • Tax Reduction Strategies
  • End of Year Tax Moves
  • Business Tax Deductions
  • Tax Patrol Services

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WCG Inc. dba WCG CPAs & Advisors | 2393 Flying Horse Club Drive, Colorado Springs, CO 80921  | 719-387-9800 tel, 855-345-9700 fax, 719-345-2100 txt | WCG Inc. (License FRM.5000080) is supervised by Tina Denise Watson, CPA (License CPA.0022434) | XML Sitemap | Knowledge Base Sitemap | Rental Knowledge Base Sitemap | Blog Post Sitemap | Services Sitemap

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Jason Watson, CPA Posted by:Jason Watson, CPA
Jason Watson is a Senior Partner for WCG CPAs & Advisors, a boutique yet progressive tax, accounting and consultation CPA firm located in Colorado working with business owners and rental property owners coast-to-coast. He has been a real estate investor and landlord since 1997, an owner of three small businesses, and holds both a Bachelor’s and Master’s in Business Administration from the University of Wisconsin – Madison.

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  • Business Advisory

    Entity Formation

    • Avoid Self-Employment Tax
    • Late S Corp Election
    • Multi-Entity Arrangements
    • Deal Structures
    • Operating Agreements

    Business Support

    • Bookkeeping + Analysis Services
    • Reasonable Shareholder Salary
    • Business Tax Deductions
    • Periodic Business Reviews
    • Medical Contractors
    Business Advisory

    Business Advisory Services

    Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.

    Read More

    WCG CPAs & Advisors can help launch your venture, and provide tax prep, tax planning and reduction strategies, accounting services 
and routine business consultation.

    Discovery Meeting
  • Real Estate

    Asset Management

    • Entity Selection, Arrangements
    • Cost Segregation Study
    • Improvements and Rehabs
    • Repairs Safe Harbors
    • 1031 Like Kind Exchange

    Tax Considerations

    • Passive Activity Losses
    • Material Participation
    • Real Estate Professional Status (REPS)
    • Short-Term Rental Loophole
    • Rental Property Tax Deductions
    Real Estate Investor Hub

    Real Estate Investor Hub

    Designed for rental property owners where WCG CPAs & Advisors supports you as your real estate CPA.

    Read More

    WCG CPAs & Advisors helps real estate investors and rental property owners build wealth by providing expert advice, tax planning and reduction strategies, and routine consultation. And, we're pretty cool too.

    Discovery Meeting
  • Tax Center

    Tax Preparation

    • Individual Tax Prep
    • Business Entity Tax Prep
    • Rental Property Tax Prep
    • Expat Tax Prep
    • FasTrac 1040

    Tax Support

    • Tax Planning Services
    • Tax Reduction Strategies
    • End of Year Tax Moves
    • Business Tax Deductions
    • Tax Patrol Services
    Tax Center

    Get Started

    Everything you need from tax return preparation for your small business to your rental to your corporation is here.

    Read More

    WCG CPAs & Advisors makes tax return preparation a snap with easy to use checklists and smooth tax return delivery including ongoing tax planning and reduction strategies. We are your advocate!

    Tax Prep Intake
  • Pricing
  • Resources

    Client Support

    • Sharefile Login
    • Efile Authorization
    • Pay an Invoice
    • Upload a Document
    • Tax Resolution

    School House

    • Blog Posts
    • S Corp Book KB
    • Rental Book KB
    • Other KB Articles
    • Video Library
    About WCG Inc.

    About Us

    WCG’s primary objective is to help you to feel comfortable about engaging with us

    Read More

    WCG CPAs & Advisors provides a ton of resources including blog posts, and our LLC S Corp and Rental Property books for your education and tax reduction strategies.

    Discovery Meeting
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