2010 Colorado General Assembly Legislative Session Review

The Second Regular Session of the 67th General Assembly of Colorado convened, Jan. 13, 2010, and adjourned, May 12, 2010 – the constitutionally limited 120 days.  Similar to 2009, this session was dominated by the state budget situation, but other issues (regulation of medical marijuana and teacher tenure, for example) also generated controversy.  Click here … Continue reading

New “Economic Nexus” in Washington State May Impact Franchisors

The following notice was released by the Washington Department of Revenue. Background Effective June 1, 2010, Washington State’s new economic nexus standard goes into effect. The economic nexus standard may be met without a physical presence in Washington. Under the new economic nexus standard, franchise fees, royalty income, and other income from Washington, could become … Continue reading

Investment Opportunity Amid Tax Uncertainty

One investing rule of thumb says pay no tax before it is due. But the coming shift in tax rates, along with the uncertainty surrounding evolving tax law, may suggest that at least this year, the rule should be revisited. As painful as it may be, prepaying taxes in 2010 could potentially enhance the long-term … Continue reading