Guidebook to Colorado Taxes (2006)

CCH's new Guidebook to Colorado Taxes is the perfect resource for concise and reliable information for practitioners working with state taxation in Colorado. Designed as a quick reference work, the Guidebook presents succinct discussions of state and local taxes, describing the general provisions of the respective tax laws and regulations and highlighting significant cases and administrative rulings. The 2006 edition of this new annual publication is useful to tax practitioners, in-state and multistate businesspersons, and those who are obligated to file Colorado returns or who are required to deal with Colorado taxes. Particular emphasis is placed on persons or transactions subject to tax; exemptions; basis and rate of tax; and returns and payment. The 2006 Edition also features enhanced military personnel coverage and personal income tax and corporate income tax federal/state comparisons. The Guidebook includes additional practical tips, pointers and examples to practitioners by Bruce Nelson, B.A., M.A., CPA and Mark Kozik, J.D., LL.M., CPA. This valuable commentary helps practitioners further apply the complex principles of Colorado tax law to specific practice situations. For the user's convenience in determining what is new in the Colorado tax law, a special Highlights of Tax Changes section is included to provide at-a-glance awareness of key legislative developments in the law. While this handbook focuses on the law applicable to the filing of income tax returns in 2006 for the 2005 tax year, legislative changes effective after 2005 are also noted with an indication of the effective date to avoid confusion and to assist in future tax planning. Helpful references to both the Colorado and related federal provisions are provided throughout for those who wish to more fully examine explanations and text of the applicable law. Also, detailed Tables of Contents, Law and Regulations Finding Lists, a Topical Index, and an organized presentation of the content combine to make pinpointing critical information quick and easy. Detailed references to specific paragraphs in the comprehensive CCH Colorado Tax Reports service are also provided throughout the Guidebook to assist users in further, more comprehensive tax research and tax planning.