Colorado Publishes Updated Civil Tax Penalties and Interest Guidelines

February 8, 2019 Paul Ogawa

The Colorado Department of Revenue recently published an updated version of FYI General 11: Colorado Civil Tax Penalties and Interest. This publication is a part of the FYI series that Colorado publishes, and provides information on civil tax penalties and interest rates for tax underpayments.

There is only one update in the most recent version of this publication, which is as follows:

  • Annual interest rates for underpayments in 2019 have been published: 8% at the regular rate, and 5% for the discounted rate.

To review this publication in its entirety, please click here.

About the Author

Paul Ogawa is a Junior Regulatory Counsel at Sovos Compliance. As part of the Regulatory Analysis team, his main areas of focus are state and federal tax withholding, the Affordable Care Act (ACA), and Canadian tax information reporting. Prior to Sovos, Paul worked as a litigation attorney in Boston area law firms, representing clients in insurance subrogation claims, family law matters, and employment disputes. Paul is a member of the Massachusetts Bar, earned his B.A. from Brandeis University and his J.D. from the Suffolk University Law School.

More Content by Paul Ogawa
Previous Article
Iowa Extends W-2 and 1099 Filing Deadline for TY 2018

The electronic filing deadline for these forms will be extended until February 28, 2019.

Next Article
Ohio Publishes Employer Withholding Tax Due Dates 2018-2019 Payment Schedule

Ohio has published the due dates for Monthly, Quarterly, and Partial Weekly filers/payers in 2019.


Regulatory Analysis News - Delivered Weekly

Thank you for subscribing!
Error - something went wrong!