article thumbnail

Colorado Paid Family Leave: FAQs About the Program

Patriot Software

Back in 2020, Colorado voted to implement its own Paid Family and Medical Leave Insurance (FAMLI) program. And beginning in 2023, the Colorado paid family leave program takes effect. What does this mean for Colorado employers? It means you have a new payroll tax […] READ MORE.

article thumbnail

Colorado Department of Revenue Seizes Headquarters of Boston Market Over Unpaid Sales and Payroll Taxes

CPA Practice

Boston Market is down to three locations in Colorado — Westminster, Aurora and Colorado Springs — and its owner, Engage Brands, has let a big stack of bills pile up from its landlords, vendors, employees and even the state of Colorado. in unpaid sales and payroll taxes. in unpaid sales and payroll taxes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Breakdown of the Colorado Occupational Privilege Taxes

Patriot Software

A handful of cities in Colorado have a local tax called an occupational privilege tax. If you’re an employer in Colorado, it’s important to know if you owe the occupational privilege tax and what your city requirements are. Occupational privilege taxes (OPT) in Colorado […] READ MORE. Both employees and employers owe it.

article thumbnail

Colorado Businessman Gets 15 Months for $737K Employment Tax Evasion

CPA Practice

A Colorado man has been sentenced to 15 months in prison for evading the payment of more than $700,000 in employment taxes he owed to the IRS. Starting in approximately 2002 and continuing for many years, Stevens did not pay over the withheld payroll taxes to the IRS or file the required quarterly employment tax returns for his businesses.

article thumbnail

Colorado Paid Sick Leave: Must-know FAQs and Facts

Patriot Software

One of the newest states to do so is Colorado. Learn the ins and outs of the Colorado paid sick leave law, including […] Read More A number of states have hopped on the paid sick leave bandwagon. In addition to regular sick leave, the state also offers public health emergency leave for time off due to COVID.

article thumbnail

An Employer’s Guide to Multi-State Payroll Tax Withholding for Remote Workers

Anders CPA

Remote workers have become a staple of the workplace, but hiring out-of-state employees can lead to payroll tax complications. Multi-state payroll tax withholding done incorrectly can lead to penalties and interest for employers and create tax headaches for employees.

article thumbnail

Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

States eye workforce as a legislative priority for payroll The majority of state legislatures began their legislative sessions this January. A flurry of bills is being proposed in the payroll space — many having to do labor and employment. House Bill 1104 looks to postpone implementation of the program for one year.

payroll 105