Colorado – Department of Revenue released Monthly Marijuana Sales and Tax and Fee Revenue Figures

DENVER, Colo. – February 9, 2021 – The Colorado Department of Revenue (CDOR) today released December 2020 monthly marijuana sales figures and January 2021 marijuana tax and fee revenue figures.  Date Marijuana Tax and Fee Revenue January 2021 $34,980,946 January Continue reading Colorado – Department of Revenue released Monthly Marijuana Sales and Tax and Fee Revenue Figures

Colorado – Colorado tackles sales tax simplification with launch of online portal

DENVER, Updated November 13, 2020 — The Colorado Department of Revenue (CDOR) and the Governor’s Office of Information Technology (OIT) are rolling out Colorado’s first Sales and Use Tax System (SUTS) online portal today for businesses that make in excess Continue reading Colorado – Colorado tackles sales tax simplification with launch of online portal

Colorado – Sales and Use Tax System Announcement

Colorado has developed a new tool to help taxpayers comply with sales and use tax requirements. The Sales and Use Tax System (SUTS) is a one-stop portal that will allow taxpayers to do all manner of tasks related to collecting and Continue reading Colorado – Sales and Use Tax System Announcement

Colorado- Colorado Springs Sales and Use Tax Revenue Plunges at Record Level

Colorado Springs sales and use tax revenue plunged a record 21.8% in April from the year before — but the drop was only about half of what city officials had feared. Sales and use tax revenue are critical for the Continue reading Colorado- Colorado Springs Sales and Use Tax Revenue Plunges at Record Level

Colorado- A Shift to Online Shopping has Helped Save some Retail Sales and Tax Revenue in Colorado

Colorado sales tax revenues reached $3 billion in the fiscal year 2019 and were up 5.1% from the prior year. The state of Colorado is facing a $3 billion shortfall for the current and next fiscal year. However, the state is Continue reading Colorado- A Shift to Online Shopping has Helped Save some Retail Sales and Tax Revenue in Colorado

Colorado – Grand Valley Sales Tax Collections Up For Now

A key measure of sales activity in the Grand Valley continues to increase, although the latest numbers don’t yet reflect the full effects of the coronavirus outbreak. The City of Grand Junction and Mesa County both reported year-over-year increases in Continue reading Colorado – Grand Valley Sales Tax Collections Up For Now

Colorado- As US House approves latest COVID-19 relief package, cities and counties are left wanting

While the U.S. House votes on a fourth COVID-19 relief package to the tune of $484 billion on Thursday, the measure lacks the aid for cities and counties that are losing revenue and making decisions to lay off or furlough Continue reading Colorado- As US House approves latest COVID-19 relief package, cities and counties are left wanting

Colorado- Businesses have 30 extra days to remit sales tax – Payments due April 20, 2020 deferred to May 20, 2020

On Friday the Governor issued an executive order temporarily suspending the requirement for businesses to remit sales tax for 30 days. The executive order is a deferment of the requirement of retailers to remit sales tax for 30 days, penalty Continue reading Colorado- Businesses have 30 extra days to remit sales tax – Payments due April 20, 2020 deferred to May 20, 2020

Colorado – Airbnb Guests Overpaying Sales Tax On Short-Term Rentals

Founding Father Benjamin Franklin once wrote that nothing is certain “except death and taxes.” But if it’s a private company and not the government that’s doing the tax collection, how certain are we about those taxes? How do we know the Continue reading Colorado – Airbnb Guests Overpaying Sales Tax On Short-Term Rentals

COLORADO – Longmont Staff Unveils $353.24 Million Budget Proposal For 2020

Longmont staff has unveiled its proposal for a $353.24 million city government spending package for next year. The staff-recommended 2020 operating budget, presented to city council as it concluded its Tuesday night meeting early Wednesday morning, does not include any Continue reading COLORADO – Longmont Staff Unveils $353.24 Million Budget Proposal For 2020