Tax challenges for growing building companies
Builders who are expanding into more local jurisdictions in Colorado will have to deal with more sales and use tax
Read more
tax planning
Online tools, software help streamline tax reporting
What taxing jurisdictions are your customers’ jobs located in? What are those jurisdictions’ sales tax rates? Can you rely upon
Read more
Understanding economic nexus and how it impacts construction companies
There are 70 home-rule cities in Colorado and many have agreed to participate in the Colorado Department of Revenue’s SUTS
Read more
Revisiting construction equipment use tax and equipment declarations
Contractors may be eligible for prorated taxes in Colorado’s home-rule cities, but they must make declarations before work begins.
Read more
How sales tax mistakes hurt contractors’ bottom lines
Sales and use tax mistakes come with costly pitfalls. What are the risks of incorrectly assessing, collecting or remitting sales
Read more
Online tool aims to simplify sales and use tax for businesses
The Colorado Department of Revenue is creating a new online system to help companies manage sales and use tax responsibilities.
Read more
Cash or accrual accounting—What’s right for your business?
Here are some things to keep in mind when deciding how to approach accounting in your business.
Read more
3 tax breaks every builder should maximize this year
Are you spending more on advertising or advisory fees these days? There’s a good chance those costs are deductible.
Read more
Avoiding additional use tax with equipment declarations
As a contractor, you probably use and move equipment around in multiple home-rule cities in Colorado, often forgetting about equipment
Read more
4 sales tax traps for Colorado businesses
Colorado is one of the “most difficult states for sales and use tax issues,” according to tax expert Alan Smith.
Read more