1-800Accountant, America's leading virtual accounting firm for small businesses, offers seamless end-to-end bookkeeping and accounting services handled by experts designed to give you peace of mind and the extra time you need to focus on building your business.
Business Tax Preparation: Navigate Aurora's business tax landscape with confidence. Our CPAs average 17 years of experience in local industries, helping you comply with regulations while identifying substantial savings opportunities. By entrusting your tax preparation to our experts, you can focus on growing your business in the Gateway to the Rockies.
Bookkeeping: Build a solid financial foundation for your Aurora enterprise with precise, error-free bookkeeping. Our service saves you time and provides crucial insights to inform your business decisions. We deliver easy-to-understand reports that translate complex data into actionable information, enabling your accountant to develop accurate financial models tailored to Aurora's unique business environment.
Tax Advisory: Tax considerations extend beyond April in Colorado. Our affordable advisory service connects you with a dedicated small business tax advisor for year-round guidance. We help you plan strategically to minimize your tax liability while ensuring compliance with Aurora and Colorado regulations. Stay ahead of tax changes that could impact your business, from local ordinances to state-wide policies.
Payroll: Simplify your payroll process and reclaim valuable time each pay period. Our comprehensive service handles wage calculations, tax withholdings, and regular submissions to Aurora and Colorado authorities. With accurate, timely payroll management, you can focus on serving your customers and growing your business in this thriving Denver suburb.
Business Formation: Take advantage of Colorado's business-friendly environment by establishing your company officially. We offer complimentary incorporation services – you only cover Aurora and state fees. Our team manages the paperwork, setting you on the path to hiring employees and opening a business bank account. Benefit from an optimized structure that maximizes tax savings while aligning with Colorado's specific business regulations.
Level | Rate |
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State Tax Rate | 2.90% |
County Tax Rate | 0.25% |
Municipal Tax Rate | 3.75% |
RTD Greater Denver | 1.00% |
Scientific & Cultural Fac. | 0.10% |
Combined Tax Rate | 8.00% |
City-Specific Taxes |
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Aurora, Colorado has an Occupational Privilege Tax that applies to businesses with employees. The tax requires a payment of $2.00 per month per employee, with an additional $2.00 employer match for employees earning over $250.00 per month. |
Licenses and Permits |
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All businesses operating in Aurora must obtain a general business license, valid for two years at a cost of $27.00. |
Certain businesses like amusement devices, junk/scavengers, pawn dealer shops, and second-hand stores require city-specific licensing in Aurora. |
Grants and Funding in Aurora | Grants and Funding Information |
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Small Business Equity Fund | This fund offers grants up to $10,000 for energy efficiency upgrades—including LED lighting and commercial refrigeration equipment replacements—designed to help small businesses in Aurora. |
When choosing an accountant or bookkeeper for your Aurora small business, consider these key factors:
Certifications and State Compliance: Make sure your financial professional holds the proper credentials, such as a CPA, and understands Colorado tax rules and compliance requirements. With Aurora's expanding sectors—from aerospace and healthcare to renewable energy and transportation—a professional well-grounded in local regulations will help manage industry-specific financial matters.
Experience and Specialization: Look for an accountant or bookkeeper with experience working with businesses similar to yours. In a city where industries like biosciences, defense, and tech innovation are on the rise, specialized expertise can provide clear guidance on managing financial challenges and planning for the future.
Understanding of Local Economic Conditions: Your financial expert should be familiar with Aurora’s unique business landscape and economic trends. The vibrant mix of sectors, including logistics bolstered by proximity to Denver International Airport and a growing tech scene, means that insight into local market conditions can influence effective financial decisions.
Knowledge of State Tax Incentives: Colorado offers various tax credits and incentives that can benefit local businesses, especially in sustainable energy and emerging tech fields. A professional who stays current with these opportunities can offer practical advice on reducing tax burdens and capitalizing on available benefits.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.