top of page
Mountain Ridge

Lockhart & Powell: Serving our clients with Integrity, Respect, and Excellence in all matters

For over forty years, Lockhart & Powell—formerly RS Powell—has been a trusted presence in the Colorado Springs community, providing expert tax preparation, accounting, and consulting services. Our mission is simple yet powerful: to serve our clients with integrity, respect, and excellence in all matters. This commitment is what fuels our passion and defines our purpose.

​Integrity​

​

At Lockhart & Powell, integrity is the foundation of everything we do. We are committed to doing what’s right in every aspect of our operations. We take pride in serving clients who value honesty, accountability, and ethical business practices as much as we do.

Respect

​

At Lockhart & Powell, we live by the Golden Rule: “Do unto others as you would have done unto you.” We hold deep respect for our clients—their beliefs, their privacy, and their time. In turn, we seek to build relationships with clients who share that same mutual respect.

Excellence

​

At Lockhart & Powell, excellence isn’t just a goal—it’s our standard. Whether it’s through our attentive customer service, meticulous tax preparation and review process, or the use of cutting-edge software, we strive to deliver the highest quality in everything we do. 

FIRM OFFERINGS

FIRM OFFERINGS

INDIVIDUAL TAX PREPARATION

We prepare your personal tax returns using advanced, industry-leading tax software to ensure accuracy and efficiency. Every return undergoes a thorough quality review before being securely e-filed upon your approval—giving you peace of mind and confidence in your filing.

BUSINESS TAX PREPARATION

We provide comprehensive analysis of your financial statements and prepare your business returns with precision and care. Each return undergoes a detailed quality review before being securely e-filed upon your approval—ensuring compliance, accuracy, and peace of mind for your business.

CONSULTING SERVICES

Strategic consulting is essential for navigating the complexities of business operations and ever-evolving tax regulations. At Lockhart & Powell, we’re here to provide expert guidance tailored to your unique needs—helping you make informed decisions with confidence.

BOOKKEEPING & PAYROLL

To support your company’s operational success, we’ve partnered with trusted bookkeeping and payroll providers who deliver high-quality, reliable service. These partnerships ensure you receive expert support tailored to your business’s unique needs—so you can focus on growth with confidence.

BUSINESS FORMATION

We assist with the formation of your LLC, partnership, or corporation—guiding you through each step of the process. Our service includes the preparation and filing of your Articles of Formation and obtaining your company’s Employer Identification Number (EIN), ensuring a smooth and compliant start for your business.

S-CORPORATION ELECTION

Electing S-Corporation status can be a valuable tax-saving strategy for many businesses. We guide you through the process by preparing and submitting the necessary IRS election forms to ensure your entity is properly classified and compliant—helping you take full advantage of potential tax benefits.

s

What Others Say About Lockhart & Powell

"As a financial advisor, I’m excited to work with a CPA who cares about his client simple and complex situations equally. What you’ll expect from Lockhart and Powell is professionalism, expert tax knowledge and strategies. And with improvements in their office technology, the experience will be much more streamlined and client friendly from anywhere you call home. Give them a call you won’t regret it!"

​

-Google Review

CONTACT
Contact Lockhart & Powell

OUR ADDRESS

4595 Hilton Pkwy Ste 100, Colorado Springs, CO 80907

Email: reception@lockhartandpowell.com
Tel:  719-578-8200

© 2025 by Lockhart & Powell, CPAs.

bottom of page