The City of Salida is a Statutory City that is the county seat and most populous city of Chaffee County, Colorado, United States. The population was 5,504 at the U.S. Census 2000. The town's name is pronounced ('exit') in Spanish. Founded in 1880, Salida was originally a railroad town and was a significant link in the Denver and Rio Grande Western Railroad. After World War II the railroad began pulling back its operations in Salida. Many residents in the 1950s, 1960s, and 1970s worked either in local ranching operations or commuted north to Leadville to work at the Climax Molybdenum Company. Today the most prominent business in Salida is tourism, consisting of skiing at Monarch ski area, whitewater rafting, kayaking and outfitting, particularly on the Arkansas River. Salida is home to the annual FIBArk kayak race, one of the oldest whitewater races in North America.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Colorado

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...