Tax Lawyers in Denver

The City and County of Denver’s Treasury Division is responsible for collecting local taxes, which include sales, property, and lodging taxes. Conversely, the Colorado Department of Revenue handles state-level taxes, notably the flat 4.4% income tax.

In Denver, the general sales/use tax rate is 5.15%, and the combined sales tax rate, encompassing state, city, and regional components, is 9.15%. The state partially exempts Social Security benefits and retirement income, offering deductions for residents over 65.

Property taxes in Denver are subject to biennial reassessments, leading to potential fluctuations in tax liabilities. Additionally, Businesses pay occupational privilege and personal property taxes. Hotel stays have a 10.75% tax. While property taxes are moderate, sales tax impacts Denver’s cost of living.

The City and County of Denver Treasury Division manages local tax collection. Denver’s combined sales tax rate is 9.15%, which includes state, city, and district taxes, with a base state rate of 2.9%.

The Colorado Department of Revenue enforces a flat 4.4% income tax, with no additional local income tax in Denver. Businesses are subject to a 4.4% corporate tax, along with other obligations. Additionally, both businesses and employees must pay the Occupational Privilege Tax (OPT): $4.00 per month for employers and $5.75 for employees earning $500 or more per month.

Retirees benefit from exclusions: $24,000 for those aged 65+ and $20,000 for those aged 55-64, though 401(k) and IRA withdrawals are taxable.

The city of Denver provides tax relief through exemptions and refunds. They include:

• Social Security benefits (fully exempt for 65+)
• Partial exemptions on pensions, 401(k), and IRA withdrawals
• Workers’ compensation and disability benefits
• Certain agricultural subsidies

The city of Denver provides tax relief through exemptions and refunds. They include:

• Social Security benefits (fully exempt for 65+)
• Partial exemptions on pensions, 401(k), and IRA withdrawals
• Workers’ compensation and disability benefits
• Certain agricultural subsidies
• Taxpayer refunds under TABOR (when applicable)

The city of Denver provides:

• Sales tax exemptions for groceries, prescription drugs, and renewable energy equipment.
• Income tax exemptions for military retirees and Social Security benefits.
• Property tax exemptions for senior homeowners and disabled veterans.
• Green energy tax credits for electric vehicle purchases and home energy efficiency improvements.
• Railroad retirement benefits are exempt

The fees for hiring a Denver tax lawyer depend on the complexity of your tax situation and the level of legal assistance required.

TaxLawyer.com connects Denver residents with experienced tax attorney Denver Colorado who offer tailored tax solutions while keeping legal costs manageable, ensuring you receive high-quality representation without financial strain.

Finding the right Denver tax attorney requires:

• Understanding your tax challenge, whether personal or business-related.
• Researching reputable tax attorneys in the city of Denver with relevant expertise.
• Booking an initial consultation to discuss your options.
• Reviewing fee structures and engagement terms for clarity.

At TaxLawyer.com, we connect Denver taxpayers with top Denver tax lawyers who provide tailored legal solutions for tax disputes and compliance matters.