Form Dr 0099 - Colorado Sales And Use Tax Guide Page 11
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12Grand Junction
•
Dated delivery acceptance receipts showing location
222 S. 6th St. Room 208
•
Bills of lading
Grand Junction, CO 81501
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All other account books and documents pertaining to the
Pueblo
business
827 W. 4th Street, Suite A
If you make nontaxable sales to other retailers or wholesalers,
Pueblo, CO 81003
keep copies of their sales tax license exemption certificates
*Visit our website for days and hours of operation.
and keep customer-signed statements that purchases are
Tax Education
for resale. Vendors accept resale licenses in good faith.
Vendors should verify whether a business that purchases
Free sales tax classes are offered by the Colorado
items should be exempt on Revenue Online.
Department of Revenue in live and online formats. Please
visit to view available classes.
Vendors must keep and preserve all invoices of goods and
merchandise purchased for resale for three years. These
Additional Resources for Businesses
records must be available for review by the department.
•
Taxation Web Pages, FYI Publications and Sales and
Burden of Proof
Use Tax Instructions and Forms at
When a vendor makes a tax-exempt sale, records must
Colorado.gov/Tax
be kept that sufficiently demonstrate the purchaser’s tax
•
Colorado Income Tax Withholding Tables, DR 1098
exemption for each sale. The retailer or vendor bears the
burden of proving that the purchaser signs a verification
•
Colorado Business Resource Guide through the
affidavit for your records.
Colorado Small Business Development Office
Accounting Methods
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History of Local Sales/Use Taxes, DR 1250
For sales tax purposes, you may report your gross sales
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Taxation Weblog and InfoEmail Subscription Services.
either on an accrual basis as sales are made or on a cash
Sign up for weblog at
basis as payment is received. However, you may not
Sign up for specific tax type information emails at
alternate between methods. Keep records for three years.
Accrual Accounting – reporting all sales in the month they
were made, whether money was received or whether a
credit sale (where the vendor has billed tax on a sale but the
customer has not paid the entire sales price at the time the
vendor’s sales tax return is due). Only this method allows
claim of bad debt deductions.
For more information, refer to FYI Sales 1: How to Document
Sales to Retailers, Tax Exempt Organizations and Direct Pay
Permit Holders.
Assistance and Education
How to Get Help
If you have questions not covered in this booklet, you may
obtain assistance by phone, online or in person.
Call Us With Your Tax Matters
Tax Information: 303-238-7378
EFT/Electronic Payment Help: 303-205-8333
Help Yourself Online
Send a secure message through your Revenue Online
account. Colorado.gov/RevenueOnline
Assistance in Person at our Taxpayer Service Centers:
Denver
1375 Sherman Street
Denver, CO 80261
Colorado Springs
2447 N. Union Boulevard.
Colorado Springs, CO 80909
Fort Collins
3030 S. College Avenue.
Fort Collins, CO 80525
Colorado Sales and Use Tax Guide: Colorado.gov/Tax
Page 11
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