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Colorado Sales Tax on Vacation Rentals

If you rent a house or condominium to someone for less than 30 days in Colorado it is likely sales tax is owed on that rental. There may also be other taxes owed as well including line items for a

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Posted in Rental Real Estate, Sales Tax

Colorado Amended Tax Return Tips – CO 104X

When filing a Colorado amended return for individual income tax, these tips will help avoid processing delays. DO NOT include a copy of the 104 (original) return with the 104X.  Include all schedules and supporting documentation. Even when there is no

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Posted in Amended Tax Return, Colorado Department of Revenue

Colorado Sales Tax on Vacation Rental

If you rent a house or condominium to someone in Colorado for less than 30 days sales tax is owed on that rental. Not only that but in order to collect sales tax you must have a Colorado sales tax license.

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Posted in Colorado Department of Revenue, Rental Real Estate

Colorado Use Tax Will Surprise and Sting – Be Aware

Online Consumer Use Tax for Colorado taxpayers now available Consumer use tax must be paid by Colorado residents and businesses on purchases that did notinclude Colorado sales tax, such as those purchases made over the Internet, by mail order, or by

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Posted in Colorado Department of Revenue

Colorado Department of Revenue – Taxpayer Online Access

Taxpayers and tax professionals may now access individual income tax returns, payment history, refund status and other information through the department’s Revenue Online service. Offering these services online, in one place, will help taxpayers quickly and easily submit documents online and

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Posted in Colorado Department of Revenue

Colorado Department of Revenue Private Letter Rulings

The Colorado Department of Revenue is now accepting requests for general information letters. This program was previously suspended because of significant shortfalls in the state's revenue and reductions in the department's operating budget. General information letters provide businesses and individuals

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Posted in Colorado Department of Revenue, Private Letter Ruling

Colorado Revenue Dept. New Online Functionality

The Colorado Department of Revenue will unveil its new service called “Revenue Online” on April 25, 2011 at www.Colorado.gov/revenueonline.  With this new system taxpayers will be able to: · File an individual amended return online, regardless of whether the original return

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Posted in Colorado Department of Revenue

Colorado Now Assessing Sales Tax of 1.4% on Prepaid Wireless Telecommunication Services

Hmmm..... Leave it to Colorado to slide this tax in ....... It is common knowledge that for the most part people purchasing prepaid wireless services tend to be socioeconomically challenged to begin with, so lets keep taxing them, keep kicking

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Posted in Colorado Department of Revenue, Use Tax

Specific lines provided on Colorado income tax forms for subtractions from income

Taxpayers and tax professionals should note that the Colorado individual income tax form (104) and the Colorado corporation income tax form (112) have specific lines on them for Subtractions from Federal Taxable Income, such as United States government interest and

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Posted in Colorado Department of Revenue

How to Request a Copy of Your Colorado Tax Return

The Colorado Department of Revenue understands some taxpayers who have been directly affected by the recent fires in our state will need to request photocopies of tax returns that have been lost or destroyed or will not be able to

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Posted in Colorado Department of Revenue
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