To qualify, businesses must have less than $500,000 in retail sales for prior year
LAKEWOOD, Colo. — May 9, 2023 — A new law gives qualified small and new businesses an exemption from the Retail Delivery Fee.
The Retail Delivery Fees Act (SB 23-143) exempts existing and new small businesses from the $0.27 retail delivery fee as long as the business is new or had less than $500,000 in sales the previous year.
LAKEWOOD, Colo. - Monday May 8, 2023 — The Colorado Department of Revenue Taxation Division launched a new online resource to inform Coloradans about tax benefits now available for some climate-friendly purchases, such as heat pump systems.
Department’s move to save about $150,000 annually
LAKEWOOD, Friday May 5, 2023 — The Colorado Department of Revenue Taxation Division is updating its payment system and is removing the PayConnexion payment option because the program is being sunset by its owner.
DENVER - The Internal Revenue Service (IRS) announced today that it would not r
18 states await IRS guidance on stimulus checks
DENVER - Today, the Colorado Department of Revenue (CDOR) announced that it does not believe TABOR refunds like last year’s Colorado Cashback refund, should be subject to federal income tax. The Department made the statement in response to a February 3rd statement made by the IRS telling taxpayers to “wait until additional guidance is available” before filing their returns.
Colorado taxpayers impacted by Hurricane Ian now have until February 15, 2023, to file various individual and business tax returns and make tax payments, the Colorado Department of Revenue announced today. This decision mirrors the IRS decision to provide similar relief at the federal level.
LAKEWOOD - Governor Polis and Lt. Governor Diane Primavera announced today that the Property Tax, Rent, Heat (PTC) Rebate is now available to Colorado residents based on income including people with disabilities and older adults to help with their property tax, rent, and/or heat expenses this winter and beyond. The rebate amount can be up to $976 a year for applicants.
DENVER, Colo. - January 5, 2022 - The Colorado Department of Revenue (CDOR) understands some taxpayers will be unable to meet Colorado filing and payment deadlines as a result of the recent Marshall Fire. CDOR is offering relief on state-collected taxes to Colorado taxpayers who have been affected by the Marshall Fire. The tax relief measures will mirror IRS measures in the same declared disaster area.
DENVER, Colo. - January 3, 2022 - The Colorado Department of Revenue (CDOR) understands some taxpayers will be unable to meet Colorado filing and payment deadlines as a result of the recent tornadoes in Kentucky, Illinois and Tennessee. CDOR is offering relief on state-collected taxes to Colorado taxpayers who have been affected by the tornadoes in those three states, as well as other recent disasters where the IRS extended filing or payment relief.