taxes
-
Colorado launches free tax clinics to help residents qualify for $750 refund checks
Though distribution of the $750 Taxpayer’s Bill of Rights refund checks began this month, it’s not too late for Coloradans to file their taxes and qualify. The state is providing free tax clinics over the next two months to help residents file state taxes by the extended Oct. 17 deadline, Gov. Jared Polis announced Friday.…
-
Recreational marijuana questions head to ballot in Colorado Springs amid market slump
The Colorado Springs City Council put the final administrative stamp of approval Wednesday on recreational marijuana questions that will head to the voters in November amid a downturn in the cannabis market statewide and locally. The board voted 8 to 2 to forward a citizen-backed question to voters that, if approved, would allow the existing…
-
Polis urges Coloradans to file taxes by June 30 to get $500 rebate
Gov. Jared Polis urged Coloradans Monday to file their taxes by the end of the month in order to receive at least $500 by September. Residents who file state taxes by June 30 are expected to get $500 for individual tax filers and $1,000 for joint filers through the “Colorado Cashback Rebate” – an expedition…
-
A LOOK BACK | Colorado congressman calls for abolishment of IRS
Thirty-Five Years Ago This Week: U.S. Rep. Dan Schaefer, a Republican representing Colorado’s 6th Congressional District, joined several congressional colleagues for “tea” in Boston Harbor aboard the Beaver II, a full-sized replica of the 18th century ship of the same name. Dipping a copy of the United States tax code into a large basin, Schaefer…
-
Conservatives target transportation funding in TABOR lawsuit
Colorado’s leading conservatives, along with a free-market group, are challenging last year’s law that created hundreds of millions of dollars in new fees to fund the state’s transportation system and other programs. In a lawsuit this week, Sen. Jerry Sonnenberg, R-Sterling, and residents Michael Fields and Richard Orman, joined Americans for Prosperity in asking Denver…
-
Polis signs bill extending small business exception from destination sourcing tax law
Gov. Jared Polis on Monday signed the first bill of the legislative session – a proposal that gives small businesses more time to comply with a major change to where their sales are taxed. The new law, House Bill 22-1027, extends the exception for small businesses, defined as those with retail sales under $100,000, from a 2019 law…
-
Polis says Colorado’s income tax should be reduced to zero
Colorado Gov. Jared Polis said the state’s income tax “should be zero” during a panel discussion at a conservative conference on Friday. During the discussion hosted by the Steamboat Institute, a conservative non-profit group, Polis responded to a question about how the state should balance its economic growth with the public health requirements of the pandemic. “In effect, when you…
-
SPONSORED: New study asks, is a $1.6 billion tax increase worth it?
A new study released by the REMI Partnership finds that without any guarantees of improvement in student performance, the $1.6 billion tax increase proposed by Initiative 73 will negatively impact the Colorado economy, cost private sector jobs, and place a significant tax burden on Coloradans. The study, “Amendment 73: The Economic Impacts of a $1.6…
-
No fix in sight for tax cuts squeezing rural Colorado
In a Colorado resort town 40 miles south of Rocky Mountain National Park, a steady influx of tourists and residents means more fires for Chief Todd Holzworth to fight. His East Grand Fire Protection District in Winter Park has twice as many emergencies as in 2010, but his budget has been slashed by a quarter…
-
BIDLACK | Paying your taxes is a profoundly patriotic act
Today is Tax Day, the day when the great reckoning arrives for millions of Americans. For some, it is a day of relief, when they finally sit down and crank the numbers for 2017 and find to their delight that they are getting a refund. Others, having delayed until the last possible moment, find that…