Are you a business owner in Douglas County who owns, leases or has borrowed business personal property with a total market value greater than $7,900? If so, by state law, your deadline is April 15, 2021, to report the property to the County Assessor.
Approximately 4,400 Douglas County businesses will receive a 2021 Business Personal Property Declaration Notice, instructing them how to view, download and print an asset listing, as well as how to file the full declaration online at DouglasFilesOnline.org.
Several options are available for filing a declaration:
- File online – once a property record has been established, businesses have the option to view and file their asset listings online. Online filing saves time, it reduces paperwork and improves efficiency. Businesses that file electronically will receive an e-mail confirmation.
- File a hard copy by mail – the declaration must be postmarked by April 15th to be considered timely filed. An asset list, spreadsheet or Federal Depreciation Schedule (form #4562) may be attached to the form.
- File by e-mail – a scanned copy of the declaration may be e-mailed to [email protected].
Do you have questions or require additional information, including the types of business personal property that is taxable? Please visit the Assessor’s website or phone the office at 303.660.7448.
County Assessors are required by Colorado Statute to value all business personal property for taxation purposes. Business personal property includes machinery, equipment, and leasehold improvements specific to business purposes. All personal property is taxable in Colorado unless specifically exempt by the Colorado Constitution.