Tax Accountant Denver: 7 Powerful Ways to Maximize Your Tax Refund This Year
When tax season arrives, most people share one common goal — getting the biggest refund possible. But maximizing your refund isn’t just about filing early or claiming a few deductions. It requires smart strategies and expert insights from a professional Tax Accountant in Denver who understands how to make the tax code work in your favor.
If you want to keep more of your hard-earned money this year, here are 7 powerful ways to boost your tax refund — straight from the pros at Thomas J. McAlister, CPA.
1. Take Advantage of All Available Deductions
Many taxpayers miss out on valuable deductions simply because they’re unaware of them. A skilled Tax Accountant Denver can help you identify deductions related to medical expenses, student loan interest, home office use, charitable donations, and even certain job-related costs.
Pro Tip: Keep track of your receipts and financial records year-round. Organized documentation makes it easier for your accountant to find every eligible deduction.
2. Maximize Your Retirement Contributions
Contributing to a traditional IRA or 401(k) isn’t just smart for your future—it can also lower your taxable income now. For 2025, the IRS allows contributions up to $7,000 to an IRA and even more to a 401(k), depending on your employer’s plan.
Your Tax Accountant can help determine the right contribution strategy to balance your current refund goals with long-term savings benefits.
3. Don’t Overlook Tax Credits
Unlike deductions, tax credits directly reduce the amount of tax you owe. Some of the most valuable include:
Earned Income Tax Credit (EITC)
Child Tax Credit
Education Credits (American Opportunity & Lifetime Learning)
Energy Efficiency Home Improvement Credit
A professional Tax Accountant Denver will ensure you qualify for every credit available — and help you claim them correctly to avoid errors or delays.
4. File as Early as Possible
Filing early gives you several advantages: faster refunds, fewer risks of identity theft, and more time to correct any mistakes. Plus, if you owe taxes, early filing gives you more time to plan your payments strategically.
At Thomas J. McAlister, CPA, our Denver-based accounting team helps clients prepare documents early so they can file confidently and maximize their return.
5. Review Your Withholdings
If you received a large refund last year, that might sound great — but it means you’ve essentially given the IRS an interest-free loan. On the other hand, if you owed a big tax bill, you may need to adjust your withholdings.
Your Tax Accountant in Denver can review your W-4 form and income situation to help you find the sweet spot: not too much withheld, and not too little.
6. Claim All Eligible Business Expenses
If you’re self-employed, freelance, or run a small business, this tip is critical. You may qualify to deduct expenses like:
Office supplies and software
Marketing and advertising costs
Vehicle mileage
Professional fees (including accounting services!)
A Denver Tax Accountant can make sure you’re compliant while still maximizing your deductions, which directly impacts your refund or reduces what you owe.
7. Work With a Local Tax Professional Who Knows Denver Laws
Tax laws vary by state and sometimes even by city. A local Tax Accountant Denver understands Colorado’s specific tax codes, credits, and regional deductions. Whether it’s real estate taxes, business incentives, or state income credits, local expertise can make all the difference.
At Thomas J. McAlister, CPA, we combine local insight with years of professional accounting experience to deliver personalized tax strategies that help our clients save more every year.
Why Choose Thomas J. McAlister, CPA?
Located in Denver, Thomas J. McAlister, CPA offers a full range of accounting and tax preparation services for individuals, families, and businesses. We specialize in:
Comprehensive tax filing and planning
Business accounting and payroll services
IRS problem resolution
Financial consulting and forecasting
Our goal is simple — help you keep more of your money while staying compliant with all tax laws.
Final Thoughts
Maximizing your tax refund doesn’t have to be complicated. With the right guidance from an experienced Tax Accountant Denver, you can uncover deductions, claim credits, and make smarter financial decisions all year long.
Don’t wait until tax season stress hits — start planning now with a trusted professional who puts your financial success first.
👉 Ready to get started?
Visit https://www.thomasjmcalister.com/ to schedule your consultation today with Thomas J. McAlister, CPA — your trusted Tax Accountant in Denver.
