by Admin | Jul 14, 2017 | News, Taxation
By: Nick Richards and Keith Buckley Trying to avoid sales tax by making purchases online? Not so fast. Effective July 1, 2017, Colorado’s “Amazon Tax” law took effect with the purpose to push online retailers into collecting sales tax for purchases made in Colorado....
by Admin | Jul 11, 2017 | Taxation
By Nick Richards and Keith Buckley This summer big changes are coming to Marijuana Tax in Colorado. The first change has already taken effect on July 1, 2017, which increased the Retail Marijuana Sales Tax from 10% to 15%. The second change will become effective on...
by Admin | Jun 12, 2017 | News, Taxation
*Originally Posted May 12, 2017* By: Nick Richards and Keith Buckley Are you currently under an IRS Audit and want to prevent the IRS from applying Section 280E? Well think again. Courts have recently reinforced the IRS’s ability to conduct audits and enforce Section...
by Admin | Jun 11, 2017 | News, Taxation
*Originally Posted May 19, 2017* By: Nick Richards & Keith Buckley Have you been saving up for that dream vacation but putting off paying your tax bill? World travelers your procrastination may now result in your travel plans being grounded. On December 4, 2015,...
by Admin | May 4, 2017 | Divorce, Taxation
By Nick Richards and Keith Buckley When parents are going through a lengthy divorce proceeding, who claims the child for that year? In a recent tax court case, Jason M. Roach v. Commissioner, the court sought to clarify this issue. The issue was who could claim the...
by Admin | Apr 26, 2017 | News, Taxation
By: Nick Richards and Keith Buckley The hospitality industry and Online Travel Companies (OTCs) are currently under fire from taxing authorities in regards to uncollected lodging/occupancy taxes. The Supreme Court of Colorado recently ruled in City & County of...
