February 21, 2024
Across Colorado, it’s been reported that retail sales are down by 15 percent due to COVID-19. Due to the pandemic, many businesses are closed temporarily while others have gone out of business.
Still, if you’re a small business owner in Colorado, you need to make sure you stay on top of your state sales tax reports. Even if a business doesn’t collect anything, failing to file your state sales tax reports can be considered tax fraud.
Here’s what you need [...]