Content Tagged As tax

7 months 1 week ago

Free tax help still available

Congratulations are in store if you have filed your taxes. Today is "Tax Day" -- the deadline to get them done. Tax preparers have been working all day to get last minute tax returns done. The Pikes Peak Community Action Agency has hosted VITA -- or the Volunteer...

1 year 4 months ago

State Fair wants tax increase

PUEBLO, Colo. (AP) - Colorado State Fair board members are hoping local voters will approve a half-cent sales tax increase to raise $1.3 million for the expo each year. The funds would add to the money the fair and other agencies have traditionally gotten from the Pueblo City Council and...

1 year 6 months ago

Marijuana tax debate stalls in Colorado

DENVER (AP) - Marijuana taxation brought the Colorado Legislature to a standstill early Saturday, with the House giving up and heading home without voting after the pot debate stretched past midnight. The standstill was not exactly caused by the bill to tax pot more than 30 percent, though Republicans were...

2 years 1 week ago

PPRTA tax extension passed

COLORADO SPRINGS- A tax extension used to improve area roadways and bridges was approved Tuesday night. Early polling results hinted at a huge victory for the Pikes Peak Rural Transportation Authority. About 73-percent of early returns favored extending 55-percent of the one penny per dollar sales tax to...

2 years 6 months ago

Towns now waiting on drilling tax proposal

DENVER (AP) - A turf war between Colorado's local governments and oil and gas companies heats up again. A Republican House committee was expected to vote Wednesday on a measure that would take severance taxes from local governments that enact drilling moratoriums. The bill was proposed after local governments and...

2 years 7 months ago

Senior tax break fight already over

DENVER (AP) - Colorado's improving economy has helped lawmakers avoid the most contentious debate of the year - restoring a suspended property tax break for senior citizens. Lawmakers learned Monday that sunny fiscal projections mean the state won't have to choose between giving a property tax break to seniors or...

2 years 9 months ago

Holiday sales tax considered for Colorado

DENVER (AP) - Clothing and school supplies would be tax-free during an annual Colorado "sales tax holiday" under consideration in the Colorado House. The bill would make Colorado the 17th state to waive sales taxes on back-to-school items for a short period each year. Colorado's proposal would set the holiday...

2 years 9 months ago

Free Tax Filing

It's time to start thinking about those income taxes, and there are plenty of ways to file. The "Free File Program" pairs up with tax software companies to provide free guided services for those making $57,000 or less. If you make over that, you can still e-file but you'll...

2 years 9 months ago

Pueblo college offers tax help

Pueblo Community College accounting students will provide free basic and intermediate income tax return preparation service. Those eligible have children at home and make less than $49,000. The service will be available from 9 a.m. to 3 p.m. on six consecutive Saturdays beginning Jan. 28 and from 5 to...

3 years 1 week ago

Colorado tax amnesty program ends Tuesday

DENVER (AP) - Taxpayers who are behind on their taxes have until Tuesday to pay up and avoid penalties under the state's tax amnesty program. Under the Colorado Department of Revenue's program, most delinquent tax payers can avoid penalties and pay half the interest on past due taxes. More information...

3 years 1 week ago

Tax Amnesty for Colorado Tax Payers

DENVER (AP) - Taxpayers who are behind on their taxes have until Tuesday to pay up and avoid penalties under the state's tax amnesty program. Under the Colorado Department of Revenue's program, most delinquent tax payers can avoid penalties and pay half the interest on past due taxes. ...

3 years 3 weeks ago

Prop 103 defeat will hurt D-11

We just finished speaking with Colorado Springs District 11 CFO Glenn Gustafson. He tells is the school district will have to cut about $5,000,000 from the next budget due to Proposition 103 failing. He says until now the district has been able to keep budget cuts away from the classroom,...

3 years 3 months ago

Taxes or firefighters in Black Forrest

BLACK FOREST, Colo. (AP) - Voters in the small unincorporated community of Black Forest in El Paso County could face a bleak choice on ballots later this year - higher taxes, or fewer firefighters? A board overseeing the Black Forest Fire/Rescue plans to ask residents for the property tax increase...

3 years 4 months ago

Gov calls for gaming commission resignations

DENVER (AP) - Colorado Gov. John Hickenlooper asked for the resignation of three members of the state's gaming commission over their decision to give casinos a tax break. Hickenlooper announced Wednesday he asked for the resignations because of a tax break for the state's casino industry. The tax break took...

3 years 4 months ago

Tax revenues up in Colorado

DENVER (AP) - The Colorado Municipal League says sales tax revenue increased an average of 6.5 percent across the state during the first four months of this year compared to the same time span last year. The organization says in a survey released Wednesday that 62 percent of cities and...

3 years 5 months ago

Mesa County supports TABOR in legal challenge

GRAND JUNCTION, Colo. (AP) - Mesa County Commission have adopted a resolution supporting the Taxpayer's Bill of Rights in a federal lawsuit challenging the amendment's constitutionality. A bipartisan group of current and former state legislators filed the lawsuit last month, alleging constitutional amendment violates a U.S. Constitution guarantee that every...

3 years 5 months ago

Tax Amnesty

DENVER (AP) - A 60-day tax amnesty allowing people to catch up on overdue taxes while saving some fines and penalties is waiting for the governor's pen in Colorado. Gov. John Hickenlooper planned to sign the measure into law Friday. He planned to join legislative budget writers to laud...

3 years 5 months ago

Government warns of tax return theft

WASHINGTON (AP) - Imagine filing your tax return and learning that someone else got your refund. Someone using your name and Social Security number. It's happening a lot more often these days. A government report finds that instances of taxpayer identity theft have increased nearly five-fold over the past...

3 years 6 months ago

Stormwater fees causing controversy

El Paso County and the City of Colorado Springs are stuck in a battle over what to do about unpaid Stormwater Enterprise fees. The city has tired to place liens against people who refused to pay the now defunct fee. El Paso County Clerk and Recorder Wayne Williams' office has...

3 years 7 months ago

Group protests corporate tax loopholes

Across the country groups of people gathered to protest tax loopholes enjoyed by corporations. In Colorado Springs several dozen carried signs outside the Wells Fargo Building downtown to draw attention to tax laws that are favorable to corporations. Gatherings like this one were organized by the group called...

3 years 7 months ago

Tax pros prepare for last minute filings

You've undoubtedly seen the numerous Uncle Sam's directing you to the nearest tax office. It's tax season crunch time and that means procrastinators. Even with tax day being extended by three days this year, many are still waiting till the last minute to file. "The last 3 days of tax...

3 years 7 months ago

Douglas Bruce indicted

A statewide Grand Jury has indicted Douglas Bruce for failing to pay income taxes on income earned in 2005, 2006, and 2007. The four-count indictment was announced this afternoon by the Colorado Attorney General's Office. Bruce is suspected of attempting to evade his tax responsibilities by funneling...

3 years 9 months ago

Colorado farmers get boost in legislature

DENVER (AP)-Farmers and ranchers could be seeing a tax break on insecticides and other farm products. The House Agriculture Committee on Monday approved a bill to waive sales taxes on some agricultural products. The exemption would cost the state $1.3 million this fiscal year ending in June and $3.7...

3 years 10 months ago

IRS files more tax liens

WASHINGTON (AP) - A government watchdog says the Internal Revenue Service is tormenting struggling taxpayers in the midst of a slumping economy by increasing the number of liens the agency has filed against people who owe back taxes. The IRS filed nearly 1.1 million liens in the budget year...

3 years 11 months ago

IRS steps up audits

WASHINGTON (AP) - The Internal Revenue Service is making it riskier to cheat on your taxes. The tax agency increased the number of returns it audited by nearly 11 percent this year. Statistics released Wednesday show that wealthy taxpayers were most likely to be targeted. In all, the IRS...

4 years 4 weeks ago

Ford wants to hire 1,200 in Michigan

Ford Motor Co. will hire 1,200 new workers in Michigan by 2013 if the state approves tax incentives Ford said Monday it will invest $850 million in several Detroit-area plants to build its new six-speed transmissions. Ford plans to hire 900 hourly manufacturing workers and 300 engineers and other salaried...

4 years 2 months ago

Contempt case to wrap up against Douglas Bruce

The contempt-of-course case against Colorado Springs anti-tax activist Douglas Bruce is expected to wrap-up Tuesday. There's no word on how long Denver District Judge Brian Whitney will take to decide whether to find Douglas Bruce guilty of contempt. Government lawyers say the father of Colorado's Taxpayers Bill of...

4 years 2 months ago

Douglas Bruce contempt hearing continues

Government lawyers are continuing to push for Colorado Springs tax-cutting activist Douglas Bruce to give information about his role in three ballot measures before voters this fall. The contempt-of-court hearing against Bruce continues in Denver. Bruce is the father of Colorado's Taxpayer's Bill Of Rights (TABOR), and the...

4 years 2 months ago

Backers of initiatives claim voter guide biased

The battle over three tax-cutting proposals on the Colorado ballot in November is spreading to a voter's guide written by legislative staffers. Proponents of the measures have sent angry e-mails to the Legislative Council denouncing the analysis of the proposals' fiscal impact. They have accused the council, a nonpartisan...

4 years 2 months ago

Economy: Oil cleanup both bonanza and bust

An Associated Press analysis finds some places have done pretty well since the Gulf oil spill while others have been hit by a double-whammy. The worst offshore oil spill in U.S. history has spurred something of an economic boom in some communities where cleanup operations are based. But other...

4 years 2 months ago

Douglas Bruce catches another break

Colorado's best-known tax-basher has the government in fits again. Douglas Bruce has been given a second delay in the contempt-of-court charge against him. The Colorado Springs man was in court Wednesday to answer contempt charges after being accused of avoiding subpoenas in a lawsuit over three tax-cutting proposals on...

4 years 2 months ago

Aspen schools seek tax increase

The Aspen School District is asking voters to approve a property tax increase of $1.2 million a year to help close a budget shortfall. The school board voted unanimously on Tuesday to put the issue on the ballot this fall. School officials say the increase would amount to a...

4 years 4 months ago

Tanning bed tax begins

Getting a nice tan will cost you more green now that the federal tanning salon tax is in effect. The IRS expects to collect some $2.7 billion in taxes from tanning salons over the next decade, but local salons owners are worried that the 10 percent price increase will...

4 years 4 months ago

Salons chapped by tanning tax

A tax on tanning goes into effect Thursday, July 1. Indoor tanners, who spend from $5 to $30 per session to get that bronze look, will now have to chip in another 10 percent to pay for health care. "These are not people who can afford an extra...

4 years 4 months ago

Senators: Obama wants tax on carbon emissions

WASHINGTON (AP) - Senators say President Barack Obama is insisting that any energy legislation put a price on carbon emissions - something many Republicans call an energy tax they can't accept. Sens. John Kerry and Joe Lieberman told reporters after meeting with the president Tuesday that Obama was clear...

4 years 5 months ago

Tax refund delays puzzle Revenue Department

Some Colorado residents are reporting longer delays in getting tax refunds and it's not clear why. The Department of Revenue can't say much about what's happening because it's only allowed to discuss tax returns with the taxpayers who filed them or their attorneys. The department says that 96 percent...

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