Colorado Payroll & Paycheck Tax Calculator
Managing payroll in the Centennial State shouldn't feel like climbing a fourteener without oxygen. From Denver to Durango, our Colorado Payroll Tax Calculator makes calculating employee withholdings as refreshing as Rocky Mountain air. Navigate state income tax, local taxes, family leave insurance, and more—all with one user-friendly tool.
Colorado Payroll Tax Steps
Colorado’s flat state income tax might seem straightforward, but throw in local taxes, FAMLI contributions, and various municipal requirements, and payroll can quickly become as complex as navigating ski slopes in a whiteout. Our calculator helps you handle Colorado’s unique payroll landscape with confidence, ensuring accurate calculations from the Front Range to the Western Slope.
Here are some key steps you’ll have to take to make smarter payroll decisions.
Step #1: Register with Colorado Department of Revenue and CDLE
To legally hire employees in Colorado, you'll need to register with the Colorado Department of Revenue for income tax withholding and the Colorado Department of Labor and Employment (CDLE) for unemployment insurance. Colorado's online services make registration as smooth as fresh powder on the slopes. Don't forget to register for FAMLI (Family and Medical Leave Insurance) as well.
New employers pay 1.7% unemployment tax on the first $23,800 of each employee's wages—one of the higher wage bases in the nation.
Step #2: Handle Colorado's Growing List of Requirements
Step #3: Understand Colorado's Minimum Wage and Overtime Laws
Step #4: Meet Colorado's Pay Period and Leave Requirements
Step #5: Use our Simple Colorado Payroll Calculator
Step #6: File Reports and Submit Colorado Payroll Taxes
Fingercheck and any related entities do not offer tax, accounting, or legal advice. This content is designed for informational purposes only and should not be considered a source of tax, legal, or accounting advice. It is recommended that you consult your tax, legal, and accounting advisors before undertaking any related activities or transactions.