colorado department of revenue
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Heidi Humphreys tapped to lead Colorado Department of Revenue
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Long-time state employee Heidi Humphreys was appointed executive director of the Colorado Department of Revenue on Thursday. Humphreys replaces Mark Ferrandino as leader of the agency, which oversees the state divisions of motor vehicles, marijuana, taxation, natural medicine, liquor enforcement, gaming and lottery. Ferrandino, who held the role since November 2020, was made director of the Office of State…
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New IRS guidance could potentially tax Colorado’s TABOR refunds
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Only six months ago, Coloradans breathed a sigh of relief when the Internal Revenue Service announced it would not take out federal taxes on refunds from Colorado’s Taxpayer’s Bill of Rights. But now Colorado officials worry that taxability of the refunds is once again being called into question under new guidance released by the IRS on Wednesday,…
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Weiser’s office refers complaint against Boebert on use of campaign funds to revenue, labor agencies, Boebert calls it ‘another swing and miss’
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Colorado’s Attorney General has referred a complaint to the Department of Revenue and Colorado Department of Labor and Employment over the use of campaign money by U.S. Rep. Lauren Boebert, R-Silt, for mileage claims. Lawrence Pacheco, a spokesman for the the Department of Law, said the agency “received an investigation request. We referred it to…
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Colorado’s March marijuana revenue highest of 2022, but still down from last year
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Colorado saw an increase in its marijuana sales from February to March, but the figure is still lower than March 2021, causing concern for some in the industry. The marijuana industry brought in $162.5 million in revenue in March, $17.2 million, or about 12%, more than February. But this total is $44.6 million less than…
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Colorado’s marijuana sales down in February compared to 2021, still higher than previous years
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Colorado saw $145.3 million in marijuana sales in February, down just under 4% from January, according to the state Department of Revenue. This is a smaller dip compared to the 10% decrease in sales from December to January, but it’s also down 13% from the $167 million in marijuana sales Colorado saw in February 2021.…
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Colorado legislators question DMV’s targeting of historic military vehicles
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When Dick Olmstead bought a used 1997 AM General Hummer in 2002, he never thought the Colorado Department of Revenue Division of Motor Vehicles (DMV) would send him a letter cancelling his vehicle title and telling him he could no longer drive it on the public highways. But it happened. And not just to him.…
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Marijuana sales in Colorado fall 19% in January
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Colorado recorded $151.1 million in recreational and medical marijuana sales in January, down 19% from January 2021, according to the state Department of Revenue. Despite the drop, January exceeded the total for every January since recreational marijuana became legal in 2014 except 2021, according to a report released Wednesday. In January, sales decreased 10% from December. Of the…
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COLUMN | Beware The Gap: The drive to Denver has never been more enraging, risky or tedious | David Ramsey
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You know the feeling. You search for courage, wisdom and patience as the immense task approaches. Your heart races. Your mouth goes dry. Are you worthy to face the challenge? Yes, you are preparing to face the perils of “The Gap” and the drive from Colorado Springs to Denver. The ride to Denver never has…
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Colorado’s labyrinth of sales-tax rules confounds the state’s businesses
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Dave Davia For months, news reports, candidates and politicos touted the countdown to election day. With the votes cast and results behind us, we can turn our collective attention to another milestone on the calendar that will have a huge impact on our economy – the holiday shopping season. While retailers across the state have…