Since Spring, the Colorado legislature has been busy debating and adopting new laws designed to provide additional tax benefits and incentives to state taxpayers for eligible activities. Not only did this include the introduction of a new state tax credit, but there...
Colorado is the latest state to give pass-through entity owners and shareholders a workaround for the federal $10,000 cap on state and local tax (SALT) deduction. To date, 22 other states have proposed or enacted similar legislation, but Colorado is the first one to...
The year 2021 continued to bring many challenges and tax changes. In late 2020, an emergency COVID-19 law was passed which included additional economic impact payments, an extension of federal pandemic unemployment compensation, and an extension of pandemic-related...
