Newsletters

Learn about beneficial ownership information reporting.

Learn about deducting business travel expenses.

Learn about the Colorado 2023 TABOR refund.

Read about manufacturers and models for new qualified clean vehicles purchased in 2023 or after.

The Paid Family Leave Employer Portal goes live in Colorado.

The year end plan for 2022.

The IRS says watch out for ERC scams.

Get the latest on Inflation Reduction Act's Individual, Small-Business Credits.

Get the latest on Bonds Investing Amid Rising Inflation.

Get the latest on Retail Delivery Fee - Department of Revenue - Taxation.

Get the latest IP PIN tax update.

Learn how Colorado accountants ensured a new tax-refund law will benefit everyone.

Get the latest IRS updates on the 2020 Recovery Rebate Credit Frequently Asked Questions.

Get the latest IRS 2021 Tax Planning Information.

Learn how this landmark legislation may affect how you plan for your retirement.

Frequently asked questions on virtual currency transactions.

Read about tax advantages in qualifited opportunity fund investments.

Read what a pass through entities is and when to use it.

Learn more about recent developments that may affect your tax situation.

Effective Dec. 1, 2018, the Colorado Department of Revenue will adopt new sales tax rules. The new rules state that sales tax must be collected and remitted based on the jurisdiction's tax rate at the point of delivery for the taxable good when taxable goods are delivered to a Colorado address outside the retailer's jurisdiction. This includes any applicable state-administered local and special district taxes. For example...

We are writing to let you know about changes in the rules for deducting qualified residential interest, i.e., interest on your home mortgage, under the Tax Cuts and Jobs Act (the Act).

The question of whether a worker is an independent contractor or employee for federal income and employment tax purposes is a complex one. It is intensely factual, and the stakes can be very high. If a worker is an employee, the company must withhold federal income and payroll taxes, pay the employer's share of FICA taxes on the wages plus FUTA tax, and often provide the worker with fringe benefits it makes available to other employees. There may be state tax obligations as well. These obligations don't apply for a worker who is an independent contractor. The business sends the independent contractor a Form 1099-MISC for the year showing the amount paid to the contractor (if the amount is $600 or more), and that's it.