New Integrated Tax Accounting System
Update -- Winter/Spring 2012
The Department of Revenue is in the fifth and final phase of conversion to a new tax accounting system. Phase 4 has been completed in 2011 and involved more public-facing services available through a Web site called Revenue Online, www.Colorado.gov/RevenueOnline
About the Colorado Integrated Tax System
Colorado is in the process of consolidating more than 15 tax and fee programs into one integrated computer system. This project has been planned for some time and received funding approval from the Colorado Legislature in 2007. This effort is taking place in phases through 2012. The Colorado Department of Revenue had been working with accounting systems that have been in existence for more than 40 years. Many of these systems did not "talk" to each other, making it difficult for the department to efficiently work with accounts. With the many changes to taxes over the years, it became clear we need to move to an improved system that allows us to better process taxes and assist taxpayers. We believe this new integrated system will make that a reality.
Why are we consolidating our tax systems?
Our priority is to assist you in meeting your tax obligations. We will be able to improve our service to you by working with a comprehensive view of your account rather than having separate views of your account for each type of tax you file. For example, if you have both income tax and business tax accounts with the department, having these in one system means the department can provide more complete service to taxpayers. The Department of Revenue is confident that with our new accounting system, businesses and local governments will experience improvements in how we process tax returns; bill taxpayers; collect tax liabilities; provide tax information when you contact us; and enforce tax laws.
As we develop and finalize state tax reporting and filing details for the new accounting system, we will keep you informed on this Web page.
When will other taxes be included in the new system?
The following taxes and services will be added to the integrated tax system within the next year:
2012
- Integrating Electronic Funds Transfer (EFT) into Revenue Online
- Cigarette and tobacco taxes
- Alcohol and fermented beverage taxes
- Gaming tax
- Pari-mutuel racing fees
- Food service licenses
- Accounting components for other types of fees, including
- Driver/Vehicle Services
- Liquor
- Gaming
- Auto Industry
- Racing
- Medical Marijuana
- CSTARS (county vehicle titles and registrations)
- WHEELS (Ports of Entry)
As more information is available about which taxes or fees will be added to the system and when they will be added, we will update this Web page.
What if I have questions about my account(s)?
We intend to make this transition as seamless as possible. However, if you receive something from us you believe to be in error or you do not understand, please call us at (303) 238-SERV (7378).
For forms and information visit our Web site at www.TaxColorado.com