Fractional CFO Services in Denver

Yes. The business pays $4.00 a month for each owner, partner or manager working in Denver, with no earnings test. In a corporation, officers and owners who perform services count as employees, so the full $9.75 applies in any month one earns $500 or more for work in Denver. A business with 60 or more employees files monthly and the rest quarterly; sole proprietors and partnerships without employees can pay once a year, by January 31.

Under Proposition MM, passed in November 2025, a taxpayer with federal AGI of $300,000 or more adds back federal itemized or standard deductions above $1,000, or $2,000 on a joint return; the cap had been $12,000 and $16,000. The full QBI deduction is added back when AGI exceeds $500,000, or $1,000,000 on a joint return, and the 2025 special session made that rule permanent.

Anyone doing business or employing people in Aurora needs a city business license for each location. It costs $19 to apply and $28 for the license, runs two years and sets up the sales, use and lodger's tax accounts. Aurora also taxes gas and electric service, telecom and cable, freight and delivery charges and recreation services, and its sales tax returns are due on the 20th.

Contractors are the consumers of their materials, so they pay sales or use tax when they buy materials and equipment, not on the contract price. Denver collects no use tax at permit: the contractor pays Denver's 5.15%, 9.15% combined, at purchase or on a consumer use tax return, and materials for government, religious or charitable projects in Denver get no exemption. Aurora takes a use tax deposit with the permit, at 3.75% of materials cost or 4.00% in Arapahoe County. More on fractional controllers for construction companies.

An owner can hold no more than 5% of the price of work completed on a private contract of $150,000 or more, and the cap carries down to the subcontracts and supply agreements under it. A contract to build one single-family home, or one building of four or fewer units, is excluded. On contracts created on or after August 12, 2026, a contractor or subcontractor can post a retainage bond of up to 5% of money earned, and the owner or general contractor must accept it and release the cash. Colorado sets no payment deadline on private work, but money paid on a project is held in trust for those who could lien it, and diverting it is theft.

A notice of intent to lien goes to the owner and the prime contractor at least 10 days before recording, in person or by registered or certified mail. The lien statement is recorded within four months after the claimant's last labor or materials, or within two months after completion for day laborers who supplied no materials, and the suit to foreclose is filed within six months of the last work or completion. From August 12, 2026, a lien can include contract-allowed costs for delay, lost productivity and disruption.

Yes. Unless the buyer holds back enough of the price to cover it until the seller produces a Department of Revenue receipt or a certificate that no tax is due, the buyer is personally liable with the seller. Anyone who takes the seller's goods or fixtures takes them subject to the state's sales tax lien, up to their value. Aurora applies the same holdback to its city taxes and charges use tax on the fixtures, furniture, equipment and leasehold improvements a buyer acquires. More on how we work with newly acquired businesses.