Colorado – Tax Filing Relief for Flood Victims Extended

SALT Report 3105 – The Colorado Department of Revenue updated a previously issued news release to reflect that the Department is extending filing and payment deadlines, and is waiving penalties and interest for all taxpayers and tax professionals directly impacted by the storms, flooding, landslides and mudslides that occurred in September. To qualify for the extension, all returns and payments must be e-filed or postmarked by December 2, 2013.

In addition, the Governor issued an Executive Order that expanded the designated flood areas. As a result, the following counties are now included in the filing and payment extension: Adams, Arapahoe, Boulder, Broomfield, Chaffee, Clear Creek, Crowley, Denver, El Paso, Fremont, Gilpin, Jefferson, Lake, Larimer, Lincoln, Logan, Morgan, Otero, Park, Prowers, Pueblo, Sedgwick, Washington and Weld Counties.

Sales and Use Tax

The Department stated that they have identified most of the businesses and tax professionals that were affected by the flood and they will automatically receive a flood designation when they file their returns.  However, if a taxpayer or tax professional that is in one of the designated flood area receives a bill in error they should file a protest immediately. The protest can be filed through the Revenue Online system under “File a Protest.”  Or, the word “Flood” can be written at the top of the bill and mailed back to the Department of Revenue.

Excise Tax

To qualify for tax relief, taxpayers and tax professionals who are located in a designated flood area must file their excise tax form with the word “Flood” written clearly on the top. This applies to all cigarettes and tobacco, liquor, fuel and International Fuel Tax Agreement Tax forms.

Also, those who qualify for flood relief and file through a software vendor should request relief by e-mail. These requests must include the taxpayer account number and should be e-mailed to dor_excisetax@state.co.us.

ITFA filers who are located in a designated flood area can request a penalty waiver either in writing or through Revenue Online.

For Further Information

Colorado Department of Revenue – Additional Information Regarding Colorado Tax Filing and Payment Relief for Flood Victims

Colorado Department of Revenue – Tax Relief Filing Details for Colorado Flood Victims