Corporate Tax in Lakewood, Colorado

Find the right Corporate Tax attorney in Lakewood, CO

Corporate Tax Lawyers in Lakewood

In Lakewood, Colorado, a "corporation" is defined as a legal entity that's separate from its owners. Thus, from a legal standpoint, the owner of a corporation and the corporation itself are not the same "person."

This rule is called "corporate personhood." Basically, under the law of Colorado, corporations are, in many ways, the same as individual human beings. Thus, corporations have some of the same legal rights and obligations as actual people.

An apparent example of this concept is a corporation's obligation to pay income taxes similar to how an actual person would.

Corporate Tax Rate in Lakewood, Colorado

All corporations in America have to pay a federal income tax. Many states also have a corporate income tax, which corporations operating in Lakewood, Colorado have to pay.

Under the federal tax system, and the tax laws of some states, corporate income is taxed at a different rate from the income of individuals. For example, the top federal income tax rate for corporations is 35%, compared with 33% for individuals. The highest tax rate applies to corporations making more than .3 million per year. The lowest corporate tax rate is 15%, applying to those corporations that make less than ,000 per year.

Likewise, chances are good that the corporate tax rate in Colorado are different from individual income taxes. However, many states feel that their economies would be best served by attracting as many businesses as possible. For that reasons, in a large number of states, the corporate income tax rate is considerably lower than the individual rate.

Whatever a company's legal tax rate is, all corporations in Lakewood, Colorado must pay the taxes assessed against them. If they don't, they can be made to pay very considerable fines - typically much larger than their original tax bill.

How Can a Lakewood, Colorado Corporate Tax Lawyer Help?

Most very large corporations have tax attorneys and accountants on staff, as full-time employees, who help them stay in compliance with all applicable state and federal income tax laws.

Of course, smaller companies in Lakewood can't afford to have full-time legal and accounting departments on their payroll. Accordingly, if your business is organized as a corporation, and has an issue with its taxes, it's imperative that you contact a Lakewood, Colorado tax attorney as soon as possible.

Talk to a Tax Law Attorney now!

Life in Lakewood

Lakewood, Colorado is the most populous city in Jefferson County, Colorado. It has a population of about 142,000 people, making it the fourth most populous city in the state of Colorado.

Lakewood is home to several historical landmarks that give the city some of its local character, including the Old Lakewood School complex, which was built in the 1920s.

Lakewood is also home to the Denver Federal Center, which is the largest concentration of federal agencies outside of Washington, D.C. This makes the federal government one of the largest employers in Lakewood, Colorado.

These federal agencies employ a large number of people with legal training, especially Lakewood, Colorado lawyers.

However, the vast majority of Lakewood, Colorado attorneys work in private practice. This means that if you need legal services, it's very likely that there's a Lakewood, Colorado lawyer who can help.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Joel C.
Joel C.

Tax Law

Davidson, TN

Edwin L.
Edwin L.

Tax Law

Fayette, TN

Tax Defense N.
Tax Defense N.

Tax Law

Ohio, TN