State and local tax news brought to you by Zaldivar and Associates
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
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
Loveland voters rejected two ballot measures that would have increased the city’s sales tax to 3.5% and raised about $10.5 million in the first year and $224.7 million over the 21-year life of the taxes. Ballot issue 2A would have added a Continue reading COLORADO – Loveland Rejects Sales Tax Measures To Fund Transportation, Facilities, Fire Stations
Consumer spending in the Colorado Springs area rebounded slightly in September from a decline in August, according to the latest sales tax revenue report from the Colorado Springs Finance Department. The city’s sales tax revenue in October, which reflects September Continue reading COLORADO – Colorado Springs Sales Tax Revenue Rebounds, But There Is ‘Some Concern’
After the approval of ballot question 1-A which was presented to voters on April 2, 2019, the City is authorized to increase the City sales and use tax rates from 3.0% to 3.5%. After adoption of an ordinance amending Continue reading Colorado – City of Durango Sales Tax Increase
June 21, 2019 – One year since Wayfair – Anniversary Update. On this one year anniversary of the landmark decision virtually all states have responded with their enforcement intentions. The tax imposition is now retroactive. A Wayfair Process Review is Continue reading Multistate – Wayfair Economic Nexus (ENexus) Anniversary Thresholds as of June 21, 2019
Some Colorado business owners say they are putting the brakes on web-based sales to avoid burdens imposed by new tax rules in the state. Signed by Gov. Jared Polis last week, House Bill 1240 takes effect June, 8 2019. The Continue reading Colorado – Some Small Sellers In Colorado Are Discontinuing Online Transactions Due To The New Taxation Laws
A bill that would etch controversial rule changes to Colorado’s sales tax collection framework into law received unanimous support from the House Finance Committee on Thursday, April 11. It will now head to the Appropriations Committee as its sponsors race Continue reading Colorado – Overhaul Of Online Sales Tax System In Works