tax planning Archives - Colorado Builder Magazine

A new tool is on its way to help builders calculate sales and use tax correctly. (Photo: Jat306, Dreamstime)

Business Management Legislation and Regulation

Online tool aims to simplify sales and use tax for businesses

September 30, 2020September 30, 2020 Danielle Andrus 149 Views 0 Comments sales tax, tax planning, taxes, use tax

The Colorado Department of Revenue is creating a new online system to help companies manage sales and use tax responsibilities.

(Photo: Chormail, Dreamstime)

Business Management Capital and Finance

Cash or accrual accounting—What’s right for your business?

September 1, 2020August 17, 2020 Jacob Merkley 158 Views 0 Comments tax planning

Here are some things to keep in mind when deciding how to approach accounting in your business.

Smart tax planning is important to businesses' long-term success. (Photo: Supawat Bursuk, Dreamstime)

Business Management Capital and Finance Insurance and Risk Management

3 tax breaks every builder should maximize this year

August 3, 2020August 3, 2020 Jacob Merkley 293 Views 0 Comments tax planning, taxes

Are you spending more on advertising or advisory fees these days? There’s a good chance those costs are deductible.

If the equipment was previously purchased and delivered to an unincorporated county area or into a city with a lower tax rate, use tax on a difference may be due. (Photo: Lukasz Jaskowiak, Dreamstime.com)

Build Capital and Finance Tools and Equipment

Avoiding additional use tax with equipment declarations

July 8, 2020July 6, 2020 Alan Smith 224 Views 0 Comments tax planning, taxes

As a contractor, you probably use and move equipment around in multiple home-rule cities in Colorado, often forgetting about equipment

Colorado is a difficult state for understanding sales and use tax issues. (Photo: Jakub Jirsak, Dreamstime.com)

Business Management Capital and Finance

4 sales tax traps for Colorado businesses

January 3, 2020January 14, 2020 Danielle Andrus 501 Views 0 Comments tax planning, taxes

Colorado is one of the “most difficult states for sales and use tax issues,” according to tax expert Alan Smith.

Colorado's enterprise tax zone could help some landscapers save on state taxes. (Photo: Theerapan Bhumirat, Dreamstime.com)

Business Management Capital and Finance

In the zone: How to save on state taxes

April 20, 2018December 12, 2019 Danielle Andrus 326 Views 0 Comments tax planning

A little-used incentive program could provide lawn and landscape companies with additional tax savings.

Business Management Capital and Finance

Federal tax breaks to consider

April 20, 2018January 14, 2020 Danielle Andrus 134 Views 0 Comments tax planning

Enterprise zone credits could be a valuable benefit for Colorado businesses, but there are federal tax breaks they should consider.