BThe Colorado State Agency That Oversees The Collection And Reporting Of State Income Taxes Deducted From Payroll Checks Is:bDepartment Of RevenueState Capital Annex1375 Sherman St.Denver, CO 80261-0009800-332-2087www Revenue.state.co.usColorado Allows You To Use The Federal W-4 Form To Calculate State Income Tax Withholding Not All States Allow Salary Reductions Made Under Section 125 Cafeteria Plans Or 401(k) To Be Treated In The Same Manner As The IRS Code Allows. In Colorado Cafeteria Plans Are: Not Taxable For Income Tax Calculation; Not Taxable For Unemployment Insurance Purposes. 401(k) Plan Deferrals Are: Not Taxable For Income Taxes; Taxable For Unemployment Purposes.In Colorado Supplemental Wages Are Taxed At A 4.63 Flat Rate.You Must File Your Colorado State W-2s By Magnetic Media If You Are Required To File Your Federal W-2s By Magnetic Media. BThe Colorado State Unemployment Insurance Agency Is:bDepartment Of Labor EmploymentDivision Of Employment And Training1515 Arapahoe St., Tower 2, Ste. 400Denver, CO 80202-2117303-603-8254http:unemploytax.cdle.state.co.usThe State Of Colorado Taxable Wage Base For Unemployment Purposes Is Wages Up To 10,000.00. Colorado Has Optional Reporting Of Quarterly Wages On Magnetic Media..Unemployment Records Must Be Retained In Colorado For A Minimum Period Of Five Years. This Information Generally Includes: Name; Social Security Number; Dates Of Hire, Rehire And Termination; Wages By Period; Payroll Pay Periods And Pay Dates; Date And Circumstances Of Termination.bThe Colorado State Agency Charged With Enforcing The State Wage And Hour Laws Is:bDepartment Of Labor EmploymentLabor Standards Office1515 Arapahoe St., Ste. 375Denver, CO 80202-2117303-318-8441www.coworkforce.comLABThe Minimum Wage In Colorado Is 6.15 Per Hour.The General Provision In Colorado State Law Covering Paying Overtime Is One And One Half Times Regular Rate After 12 Hour Day Or 40 Hour Week. Colorado State New Hire Reporting Requirements Are That Every Employer Must Report Every New Hireor Rehire. The Employer Must Report The Federally Required Elements Of:ulliEmployees NameliliEmployees AddressliliEmployees Social Security NumberliliEmployers NameliliEmployers AddressliliEmployers Federal Employer Identification Number (EIN) LiulThis Information Must Be Reported Within 20 Days Of The Hiring Or Rehiring Or First Payroll After Hire.The Information Can Be Sent As A W4 Or Equivalent By Mail, Fax Or Electronically.There Is No Penalty For A Late Report In Colorado.The Colorado New Hire Reporting Agency Can Be Reached At 303-297-2849 Or On The Web At Www.newhire.state.co.us .Colorado Does Not Allow Compulsory Direct DepositColorado Requires The Following Information On An Employees Pay Stub:ulliGross And Net EarningsliliDeductionsliliPay Period DatesliliEmployees Name Or Social Security NumberliliEmployers Name And AddressliulColorado Requires That Employees Be Paid Monthly Or Every 30 Days Which Ever Is Longer.In Colorado Requires That Employees Be Paid No More Than 10 Days After The End Of The Pay Period.Colorado Payroll Law Requires That Involuntarily Terminated Employees Must Be Paid Their Final Pay Immediately Or Within 6 Hours Of The Payroll Department Becoming Operational; Next Day If Payroll Is Offsite. (By Mail Upon Request) Voluntarily Terminated Employees Must Be Paid Their Final Pay By The Next Regular Payday. Deceased Employees Wages Must Be Paid To The Surviving Spouse Or Next Legal Heir; Personal Representative If Already Appointed. After An Affidavit Showing Claimants Relationship To The Deceased Is Presented.Escheat Laws In Colorado Require That Unclaimed Wages Be Paid Over To The State After One Year. The Employer Is Further Required In Colorado To Keep A Record Of The Wages Abandoned And Turned Over To The State For A Period Of Five Years.Colorado Law Concerning Tip Credits Against State Minimum Wage Allows A Maximum Credit Of 3.02 Per Hour..In Colorado The Payroll Laws Covering Mandatory Rest Or Meal Breaks Are A 30 Minute Meal Break After Five Hours And 10 Minutes Of Rest After Four Hours.Colorado Law Concerning Record Retention Of Wage And Hour Records Requires A Minimun Of Two Years Retention.bThe Colorado Agency Charged With Enforcing Child Support Orders And Laws Is:bDivision Of Child Support Enforcement1575 Sherman St., 2nd Fl.Denver, CO 80203-1714303-866-5994www.childsupport.state.co.usColorado Has The Following Provisions For Child Support Deductions:ulliWhen To Start Withholding? BWithin 14 Days After Receipt Of Order.libliWhen To Send Payment? BWithin 7 Days Of Payday.libliWhen To Send Termination Notice? BWithin 10 Days Of Termination.libliMaximum Administrative Fee? B5 Per Month.libliWithholding Limits? BFederal Rules Under CCPA.libulPlease Note That This Article Is Not Updated For Changes That Can And Will Happen From Time To Time.
