Tag Archives: refund

Colorado Voters Allow State to Keep Excess Marijuana Taxes

MARIJUANA-300 Colorado voters have agreed to allow the state to keep $66 million worth of marijuana taxes despite an accounting error that could have forced the government to refund the money to taxpayers and pot growers. An error in a pot tax measure approved two years ago led to the ballot measure that passed yesterday. The error Continue reading

IRS Offers Tips to Avoid Tax Scams

irsThe Internal Revenue Service has issued a consumer alert providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS. The callers may demand money or may say you have a refund due and try to trick you into sharing private information. They can Continue reading

IRS Reminds Taxpayers to Check the Withholding Status

irsThe Internal Revenue Service reminds taxpayers that summer is a good time to consider a mid-year withholding adjustment. The agency says tax planning now may provide a lower tax bill later. Spokeswoman Karen Connelly says some taxpayers prefer to get a large refund, but those struggling financially may want to make Continue reading

Lawmakers Get Update on State Economy

co-state-capitol-300Colorado lawmakers are getting an update on the state’s economy that will provide a clearer picture of how much money they need to refund to taxpayers. The quarterly revenue forecast released Friday morning helps lawmakers budget for future years and gives an overview of the state’s economic health. One area budget writers Continue reading

Lawmakers Working on State Budget

co-state-capitol-300Colorado’s budget constrictions mean that they’ll have to refund about $58 million from the new pot taxes- even though the taxes were approved by voters. Expect lawmakers to propose a ballot measure after the budget passes to ask voters to Continue reading

IRS Suggests Website During Busy Phone Period

irsThe IRS is reminding taxpayers their website is available for simple tax answers. The Presidents Day holiday period typically marks one of the busiest weeks of the tax filing season for IRS phone lines, so they want taxpayers to know about the alternatives they have available. Taxpayers can check the status of their refund, Continue reading

Colorado AT&T Cramming Victims Eligible For Refund

Attorney-General-CO-165.pegThe Colorado Attorney General’s office has announced a settlement with AT&T to resolve allegations that AT&T placed unauthorized charges on consumers’ mobile telephone bills, a practice known as “cramming.” Consumers who were crammed often complain about recurring monthly charges for premium text message Continue reading

IRS Says Scammers are Still Operating

irsThe Internal Revenue Service has issued a consumer alert providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS. These callers may demand money or may say you have a refund due and try to trick you into sharing private Continue reading