BUSINESS BRIEFS
From Taxes to Marketing, Web-Based Tax Collection Service a Boon to Telluride Region
Mar 29, 2012 | 1229 views | 0 0 comments | 10 10 recommendations | email to a friend | print
The Town of Mountain Village has switched over to MuniRevs, an automated, paperless, self-collecting tax collection and licensing system whereby businesses submit sales tax information and review payment histories online.

The MuniRevs software enables businesses to submit taxes, from sales to restaurant, lodging and other excise taxes, online.

“We’ve been thinking about self-collecting our sales taxes for years, because there are so many benefits,” said Mountain Village Finance Director Kevin Swain. “But we would not have made the decision to do so without MuniRevs, which allowed us to finally have an automated system that can track revenues more efficiently and do so without adding staff.”

Erin Neer, Swain’s predecessor in the job, developed MuniRevs. After working in the municipal finance arena for over 10 years, Neer said, she saw a need for more efficient revenue collection. “As we continued to develop vacation rental auditing and other revenue enhancement services for municipalities, we realized that there was a huge gap in improving the efficiency of tax collection for local governments,” she said. “For many municipalities, transactional taxes are a significant revenue stream and our web-based software offers them the ability to manage them more closely and ensure they are capturing every dollar.”

So far, Swain is delighted with the results. “With this system, we estimated a 1 percent, or $24,000, revenue growth. We achieved that result in the first month from licensing revenue increases, and anticipate further growth in taxes as well as the year progresses.”

Telluride Tourism Board President and CEO Michael Martelon praised the new software as well.

“Traditional economic impact analysis is based upon certain assumptions and formulas by the travel industry,” said Martelon.

“With MuniRevs, we have an opportunity to blow that out of the water and calculate the real economic impact of the festivals, holiday weekends and baseline numbers for our community.  Marketing is art and science, without the data the art is aimless. Having this data will allow the Telluride destination to market more efficiently and effectively.”

About MuniRevs: MuniRevs is a secure web-based software solution that collects sales taxes and processes business licenses for Towns and Municipalities improving the timeliness of revenue collection. The patent-pending software is completely customizable, and through an administrative panel, the admin can review payments by date, generate reports and track business revenues.

For more information, visit HYPERLINK "mailto:info@munirevs.com" info@munirevs.com

Dalby, Wandland, & Co., P.C., Ranked as Regional Leader

Accounting Today has ranked Dalby, Wendland, & Co., P.C. as a regional leader in the magazine’s Top 100 Tax and Accounting Firms and Regional Leaders in the U.S.

The western Colorado firm with offices in Montrose, Telluride, Grand Junction, Rifle, Glenwood Springs, the Vail Valley and Aspen, was chosen according to guidelines based on revenue and total employees.

Steve Carver, CEO of Dalby, Wendland & Co., P.C., said the firm’s western Colorado offices (in Montrose, Grand Junction, Rifle, Glenwood Springs, the Vail Valley and Aspen), see much of what other regional and national firms experience, in terms of hiring staff to meet the needs in growing services areas that include tax services, small business planning, health care practices, estate planning, and fraud and forensics.

“Our industry has seen a lot of changes due to the economy,” said Carver. “Governments need revenue, so they are being more aggressive and clients are being scrutinized more closely.”

Carver said that as financial reporting, bookkeeping and tax issues continue to change in response to economic issues and regulatory oversight, experienced accounting, auditing and tax firms are more in demand.

“We are also seeing an increase in services related to marital divorce and corporate divorce litigation that results in business valuations and consultations,” he said.

In response to the challenges that businesses are facing in a tough environment, Carver said several of the firm’s CPAs have earned special designations in technology, forensics and business valuation to bring more value to their clients.

Dalby, Wendland & Co., P.C., is a full-service certified public accounting, audit, tax preparation, and business advisory firm that has served Western Colorado for 64 years.

Red Tail Maintenance Now Headquartered in Telluride

Red Tail Maintenance, started in 1998 by Colin Doyle, has returned to the Telluride region with its brand of home care services.  Best described as a personal assistant for your home and lifestyle, Red Tail Maintenance provides all facets of home care, from seasonal maintenance, upkeep, and repairs to preparation for homeowners’ arrival to managing all facets of construction from woodworking and drywall to electrical installation and custom home theaters.

In 2010, Doyle and his family brought Red Tail Maintenance back home to Telluride from its previous headquarters in the Vail Valley more than a decade ago. 
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