Registration has been re-opened for those interested in attending the sales tax compliance class tomorrow morning. We apologize to those who were unable to register over the weekend. Space is still available in the class. If for any reason you are unable to pre-register you are still welcome to attend.
Public Education Specialist Ruth Allender with the Colorado Department of Revenue will present a free informative seminar on Colorado sales and use tax law on Tuesday, July 28 from 9:00 am to 11:30 am at the Touber Building, 448 E 1st Street, Room 190. Business owners, bookkeepers and accountants are welcome for this opportunity to develop practical skills toward Colorado tax law compliance.
Participants may register online at dortaxtraining.com. Click on “Register for a Free Tax Class” and follow the registration instructions.
This educational seminar is ideal for new or current Colorado business people who want to learn the basics and for tax preparers who consult with Colorado clients on sales taxes. Participants learn Colorado sales tax concepts including multiple jurisdictions and tax rates; how to use the DR 1002; what is available on the Taxation websites as well as Revenue Online services; state sales tax terminology and specific factors in taxation and filing situations.
Sales tax is the most significant source of revenue for municipal government operations. Salida relies more heavily on sales tax than other Colorado municipalities according to data compiled by the Department of Local Affairs. In 2008, voters repealed the property tax in favor of an additional 1% sales tax to pay for the operation, maintenance and improvement of streets and other infrastructure. This changed Salida’s total sales tax from 2% to 3%, and provided substantially more funding both for streets capital improvement projects and maintenance activities, specifically for operating expenditures of the public works organization to maintain streets and other infrastructure.
If you look around town, you will see the result of investing sales tax dollars in streets, parks and other infrastructure. It is important to understand tax compliance and to keep investing in this community we love so much.
For more information about this class contact Heather Wright, Administrative Coordinator at 719-530-2620 (firstname.lastname@example.org) or Jan Schmidt, Director of Finance & Administrative Services at 719-530-2623 (email@example.com).