1-800Accountant offers expert virtual accounting services tailored for Colorado Springs small businesses, helping you navigate tax complexities and maximize deductions while staying compliant with state and federal regulations.
Business Tax Preparation: Navigate Colorado Springs' 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 shadow of Pikes Peak.
Bookkeeping: Build a solid financial foundation for your Colorado Springs business with precise, error-free bookkeeping. Our service saves you time and provides crucial insights for data-driven decisions. We deliver easy-to-understand reports that help interpret your financial data, enabling your accountant to develop accurate financial models tailored to the local economy.
Tax Advisory: Tax considerations extend beyond April in the Centennial State. Our affordable advisory service connects you with a dedicated small business tax advisor year-round. We help you plan strategically to minimize your Colorado tax liability while ensuring compliance with state and local regulations, including those specific to El Paso County.
Payroll: Simplify your payroll process and reclaim hours each pay period. Our comprehensive service handles regular tax submissions to Colorado Springs and El Paso County, ensuring accuracy and compliance. This frees you to focus on serving your customers and growing your business in the bustling Front Range region.
Business Formation: Establish your business officially in Colorado with our incorporation services. You only cover the state and local fees, and we manage the paperwork. This sets you up to hire employees and open a business bank account, optimizing your structure for the unique business environment of Colorado Springs while maximizing tax savings under Colorado law.
Level | Rate |
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State Tax Rate | 2.90% |
County Tax Rate | 1.23% |
Municipal Tax Rate | 3.07% |
Pikes Peak RTA | 1.00% |
Combined Sales Tax Rate | 8.20% |
City-Specific Taxes |
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Colorado Springs has a Business License Fee that most businesses must pay. The fee is $110 annually. |
Licenses and Permits |
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Businesses selling goods or taxable services in Colorado Springs must obtain a Sales Tax License. |
Massage services in Colorado Springs require city-specific licensing. |
Commercial signage on private property in Colorado Springs needs specific licensing. |
Grants and Funding in Colorado Springs | Grants and Funding Information |
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Small Business Accelerated Growth Program Grants | Supports small businesses with access to capital and digital marketing grants. Administered by the Colorado Office of Economic Development and International Trade (OEDIT), this program is active in 2025 and geared toward fostering business growth. |
When choosing an accountant or bookkeeper for your Colorado Springs small business, consider these key factors:
Certifications and State Compliance: When choosing an accountant or bookkeeper for your Colorado small business, work with someone who holds the proper titles, such as a CPA, and is well-versed in Colorado's tax codes and compliance requirements.
Experience and Specialization: Select professionals with hands-on experience in prominent local industries like aerospace and defense, technology and cybersecurity, advanced manufacturing, tourism, and sports-related sectors. Their in-depth knowledge of these fields can provide practical insights for effective financial management.
Understanding of Local Economic Conditions: It is important to work with someone who knows the economic trends and challenges specific to Colorado Springs. With industries ranging from fintech and manufacturing to tourism and sports, a local expert will be better prepared to address the unique financial needs of your business.
Knowledge of State Tax Incentives: Colorado offers tax benefits designed to support job creation, capital investment, and growth in key sectors. A financial professional who understands these incentives can help you take advantage of available credits and deductions to reduce your tax liability.
*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.