While 2024 did not usher in many state tax law changes, there are a couple of items that Coloradans should pay attention to. One-Time TABOR Refund During a special session in November 2023, HB23B-1002 was approved to increase the earned income tax credit for the 2023 tax year. In essence, the act creates a one-time […]
Limited liability companies (LLC) are deceptively easy to form and use. One of the realities of an LLC is that it is a structure under state law, while it can be taxed many different ways under federal law. This is part of its appeal, and a part of its deceptive complexity. Without some careful planning […]
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