Integrity
Whether preparing a complex S-Corp return or filing an individual 1040, we do what's right — every time. Honesty, accountability, and transparent tax planning.
A family-led CPA firm serving Colorado Springs and the greater Front Range. Expert business and individual tax preparation, plus advisory, business formation, and S-Corp election services.
Our Story
Lockhart & Company — formerly Lockhart & Powell — has proudly served the Colorado Springs community for more than 40 years. What began as a small CPA practice in 1984 has evolved into a thriving, family-led firm grounded in experience and trust.
Today, the firm is led by dual-CPAs Megan and Brandon Lockhart, who are dedicated to supporting entrepreneurs and individuals through expert tax preparation and personalized advisory services.
Our enduring commitment to integrity, respect, and excellence continues to shape our work — and define our purpose.

Our Values
Whether preparing a complex S-Corp return or filing an individual 1040, we do what's right — every time. Honesty, accountability, and transparent tax planning.
Guided by the Golden Rule, we treat every client's time, data, and beliefs with the utmost respect. Secure portals, prompt callbacks, lasting relationships.
Cutting-edge tax software, bank-secure portals, and an extensive review process deliver meticulous returns that withstand IRS scrutiny.
Bread & Butter
Personal 1040 returns prepared with precision. Federal, one state, e-filing, and direct deposit included — every return reviewed before filing.
Comprehensive financial statement analysis and 1065, 1120, and 1120-S returns for LLCs, S-Corps, partnerships, and C-Corps.
By the Numbers
Client Success
"Their communication is incredible, they are timely, each person is kind and professional, and their systems are clear and informative. I have had a wonderful experience and highly recommend them."
What Clients Say
"Worked with this firm for start-up business services, individual and business tax returns, and ongoing advisory. I felt very confident in all services provided. I also received some smart financial advice. Staff is friendly and response times are spot on."
"Lockhart and Powell CPAs provide excellent tax preparation services. They have a very convenient online portal to communicate and upload documents. They were very patient in working with me and answered all of my questions."
"Megan and Brandon Lockhart were exceptional to work with on my Retirement Tax Planning and Income Tax Preparation. Megan handled every detail with thoroughness, accuracy, and responsiveness. I highly recommend Lockhart & Company to anyone who wishes to have the best CPA professional team working for them!"
How We Work
We discuss your needs, goals, and current situation to determine the best service approach.
Comprehensive collection of documents and data needed for accurate preparation and analysis.
Returns are prepared, then put through our extensive multi-step review process before signing.
We e-file, deliver your copy, and stay in your corner year-round for IRS notices, planning, and growth.
Frequently Asked
Let's talk
From tax preparation to consulting and business formation, our Colorado Springs CPAs are here to help your business and family thrive.