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
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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
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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
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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.
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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
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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.
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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.
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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.
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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
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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.
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