Content Tagged As taxes

6 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 8 months ago

Obama will submit his budget in March

WASHINGTON (AP) - An administration official says President Barack Obama plans to submit his 2014 budget plan to Congress in mid-March. The budget was supposed to have been released last week but the White House says it's been delayed by passage of legislation last month to avert the so-called fiscal...

2 years 1 month ago

Amendment 64: to legalize or not to legalize?

It's one of the most controversial ballot questions voters will face in November: should Colorado legalize marijuana? It's the next step in a process that has seen Colorado voters legalize medical marijuana. Under Amendment 64, adults 21 years and older could legally possess up to an ounce of marijuana;...

2 years 1 month ago

Colorado uses tobacco taxes on smoking bans

DENVER (AP) - State auditors questioned whether the Colorado Department of Health and Environment should be awarding money from tobacco taxes to support local policy initiatives barring smoking in public. A report Monday showed the department awarded $5.2 million to 140 grantees in 2010 and 2011 to help pass initiatives...

2 years 6 months ago

Obama says nation needs 'Buffett Rule'

WASHINGTON (AP) - President Barack Obama says the nation can't afford to keep giving tax cuts to the wealthiest Americans "who don't need them and didn't even ask for them." Obama is using his weekly radio and Internet address to urge Americans to ask their member of Congress to support...

2 years 6 months ago

Colorado's internet tax axed

Once again, shopping at amazon.com is tax-free for Coloradoans after a federal judge this week tossed out a state law taxing online purchases. House Majority Leader Rep. Amy Stephens of Monument applauds the decision. "Not only was it a burden for interstate commerce but for our internet retailers." ...

2 years 11 months ago

GOP rivals focus on flat taxes, smaller government

WASHINGTON (AP) - On jobs and taxes, the top Republican presidential candidates are locked in a fierce game of one-upmanship. They're trying to outdo each other in offering the boldest economic plan for the campaign to unseat President Barack Obama next November. Despite some notable differences, their blueprints all are...

3 years 1 month ago

Obama calls on GOP to fight for middle class

DETROIT (AP) - President Barack Obama says Republicans should prove they'll fight as hard to cut taxes for the middle class as they do for profitable oil companies and the wealthiest Americans. Obama gave a partial preview of Thursday's big jobs speech before Congress at a union-sponsored Labor Day rally...

3 years 1 month ago

Study suggests big repairs to CO's finances

DENVER (AP) - Higher income taxes for the rich. Getting rid of public colleges or state crime labs. Changing Colorado's constitution to enact a state property tax. The University of Denver laid out some pretty dramatic proposals Wednesday for state officials trying to repair an out-of-whack financial situation. It...

3 years 2 months ago

County wants to know your opinion

The decision makers within the various government offices of El Paso County want to know how citizens feel about the value they receive for their tax dollars and where they would rate the county as a place to live. These questions are among a list of inquiries posted in...

3 years 3 months ago

The politics of pledges

WASHINGTON (AP) - Republican presidential contenders may be feeling nostalgic for the days of a single pledge: the oath of office. This year, candidates are being asked - or pressured - to profess their fealty to a whole host of positions on marriage, taxes, the deficit, abortion and gay...

3 years 3 months ago

Parks group drops tax effort for now

Voters will not get to decide whether to raise taxes for parks this fall. The group Great Parks Great Communities officially pulled their request for a ballot initiative at Tuesday's county commissioners meeting. They had wanted to ask voters for a dedicated sales tax increase of 15 cents on...

3 years 4 months ago

Fracking tax mix up costing Garfield Co. millions

GLENWOOD SPRINGS, Colo. (AP) - Officials in western Colorado say a tax collections mistake on materials used to hydraulically fracture shale is costing them millions. The Post Independent reported Wednesday that Garfield County officials say state revenue collectors overcollected taxes from energy development firms from 2002 to 2005. ...

3 years 5 months ago

Anti-TABOR lawsuit to be filed in Colorado

DENVER (AP) - Republican and Democratic lawmakers are challenging Colorado's strict and tax-and-spending limits in federal court. The group of more than 30 current and former public officialssay they were filing the lawsuit Monday. Among those challenging the Taxpayers Bill of Rights - or TABOR - are Democratic Rep. Andy...

3 years 5 months ago

Tax amnesty bill likely to be signed

DENVER (AP) - People and businesses behind on their taxes could get a chance this fall to make things right without facing penalties. A bill awaiting likely approval by Gov. John Hickenlooper would create a tax amnesty from Oct. 1 to Nov. 15 to let taxpayers settle amounts they owe...

3 years 6 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 6 months ago

Runoff mayoral candidates face-off

Voters are about one month away from the runoff election to see who will be Colorado Springs' first strong mayor; and with the field narrowed down to two, we're hearing more from the two remaining candidates. They faced off for the first debate of the runoff election on Friday at...

3 years 6 months ago

Tea Party holds third tax time rally

The Southern Colorado Tea Party held another rally at the Pueblo County Courthouse this afternoon. The TEA in Tea Party stands for Taxed Enough Already. The first rally happened two years ago to coincide with the April 15 tax filing deadline. The group is conservative in nature, generally pushing...

4 years 4 weeks ago

Complete text: GOP A Pledge to America

Want to know what Republicans would do if they win control of the House? No need to guess any longer. House Republicans were at a hardware store in suburban Virgina Wednesday to roll out a 21-page policy agenda. Their "Pledge to America" pulls together familiar proposals to slash...

4 years 4 weeks ago

GOP to reveal 'Pledge to America' today

Republicans are making their final argument to voters six weeks before congressional elections with a campaign manifesto designed to show they're listening to an angry public and focused on creating jobs. GOP lawmakers on Thursday were to roll out their "Pledge to America" - a 21-page document filled with...

4 years 1 month ago

Democrat Hickenlooper returned tax break to IRS

A Denver TV station is reporting that Democratic gubernatorial candidate John Hickenlooper paid over $52,000 to the Internal Revenue Service in 2008 to settle issues surrounding tax credits he received on conservation easements. KMGH-TV reported Tuesday that the easements were on land that Hickenlooper and a partner acquired in...

4 years 1 month ago

Opponents rally against November ballot measures

Dozens of people opposed to three ballot measures designed to cut taxes rallied in Colorado Springs Wednesday. Amendment 60, Amendment 61 and Proposition 101 are championed by proponents of small government. Amendment 60 would limit property taxes. Amendment 61 would halt most government borrowing. Proposition 101 would cut taxes...

4 years 3 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 6 months ago

Need more time?

Do you need more time? Whether you've procrastinated or you have a complicated tax return that's taking longer to prepare than expected, you still have a deadline to meet on Thursday. Applications for extensions are due the same due date as tax returns. It's easy to file, and...

4 years 8 months ago

IRS to crack down on illegal payroll status

The Internal Revenue Service and 37 states are cracking down on companies that illegally try to trim payroll costs by changing employees' status to independent contractors, The Associated Press has learned. The practice costs governments billions in lost revenue and can leave workers high and dry when they are hurt...

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