Home » Colorado LLC » Colorado Taxes

Last updated July 13, 2021

Colorado LLC Taxes

How to form an LLC in Colorado
This Quick Start Guide is a brief overview of how to form an LLC in Colorado.

Detailed Lessons:

5. EIN Number
6. Periodic Report
7. Taxes ← you are here
8. Good Standing


Colorado LLC costs:
LLC filing fee: $50 (one-time)
LLC periodic report: $10 (every year)

Need help?
Hire a reliable service to form your Colorado LLC:
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)

★ Check out Northwest vs LegalZoom

Colorado LLC - Taxes

Video Transcript:

The following information is provided for educational purposes only and in no way constitutes legal, tax, or financial advice. For legal, tax, or financial advice specific to your business needs, we encourage you to consult with a licensed attorney and/or CPA in your State. The following information is copyright protected. No part of this Lesson may be redistributed, copied, modified or adapted without prior written consent of the author. Depending on your type of business, you will likely need to register your LLC with the Colorado Department of Revenue. You will also need to file annual state income taxes as well as other tax documents depending on the structure of your business and whether or not you have employees. Calculating your tax obligations in Colorado can be complicated and if done properly can negatively impact your LLC. We recommend that you get help from a tax professional once your LLC is formed. Hiring a tax professional will not only help you keep your LLC in compliance with the State, but will also giving you an advisor to go to for other business questions. Whether your business turns a profit or loses money, you will still need to file tax documents every year. This is not something to be taken lightly. If you want to run a serious business and not get in trouble with the State, you should get assistance in filing your taxes properly. How to find a good CPA or accountant. A referral from a friend or someone else you trust is usually the best way to find someone to do your taxes. You can also ask co-workers, acquaintances from local clubs organizations, your neighbors and other business people. You could also ask your Twitter, Facebook, LinkedIn, and other social media friends and maybe find a trusted name from a friend of a friend. It’s as easy as typing in your social media accounts “Hey, I just formed an LLC. Does anyone know a good accountant?” If you can’t get a personal referral, then try doing a search online for “accountant” or “certified public accountant” and looking for someone with a strong track record. You should also want someone who’s a good fit for your company, makes you feel comfortable, and is willing to answer all of your questions. It should be someone you like personally as well as professionally. It’s okay to take your time to find the right person. We recommend talking with at least 2-3 people before making your final decision We hope you find a great tax professional. And that concludes this Lesson.

Colorado Secretary of State Contact Info

Colorado Secretary of State
Business Organizations
Phone: 303-894-2200 (Mon. -Fri., 8am – 5pm Mountain Time)
Email: business@sos.state.co.us (they reply fast)

Additional Resources

Colorado Department of Revenue:

Next Step

After you’ve watched this Lesson, you are finished with The LLC Formation Course™. Best wishes in your entrepreneurial endeavors!

Matt Horwitz
Matt Horwitz
Founder & Educator, LLC University®
Matt Horwitz has been the leading expert on LLC education for the past decade. He founded LLC University in 2010 after realizing people needed simple and actionable instructions to start an LLC that other companies weren't offering. He's cited by Entrepreneur Magazine, Yahoo Finance, and the US Chamber of Commerce, and was featured by CNBC and InventRight.
Matt holds a Bachelor's Degree in business from Drexel University with a concentration in business law. He performs extensive research and analysis to convert state laws into simple instructions anyone can follow to form their LLC - all for free! Read more about Matt Horwitz and LLC University.

8 comments on “Colorado Taxes”

Disclaimer: Nothing on this page shall be interpreted as legal or tax advice. Rules and regulations vary by location. They also change over time and are specific to your situation. Furthermore, this comment section is provided so people can share their thoughts and experience. Please consult a licensed professional if you have legal or tax questions.

    • Hey Holly, you’re very welcome :) Thanks for the kind words… you rock!!

  1. Thank you so much Matt for showing us the LLC formation process. It is extremely user friendly and so educational. I am very happy I came across your lessons!

    • Thanks so much for your lovely comment Natalia :) You’re very welcome!

  2. Thank you for your lessons! You are the greatest! I really appreciate what you are doing! Many thanks to you!

    • You are very welcome Elena!! Thank you for your nice comment :)

  3. Thank you for the detailed information and links. Great sources. Off to get started on a great upcoming business with confidence.

Leave a comment or question

Comments are temporarily disabled.