Tag Archives: taxpayers

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

State to Ask Voters for Exemption in TABOR Laws for Pot Tax Excess

MARIJUANA-300The state plans to ask voters this fall, whether the state should continue to use marijuana tax profits for school construction and other programs. Governor John Hickenlooper signed legislation Thursday that would put the de-brucing question on the November ballot. TABOR laws in Colorado say that all revenue from new taxes Continue reading

IRS Says Letter to Verify Identity is Not a Scam

irsThe Internal Revenue Service is reminding taxpayers who receive requests from the IRS to verify their identities that the Identity Verification Service website, offers the fastest, easiest way to comply. Taxpayers may receive a letter when the IRS stops suspicious tax returns that have indications of being identity theft but Continue reading

IRS Warns of Unscrupulous Tax Preparers

irsThe IRS is urging taxpayers to choose their tax professional carefully as reports are coming in from around the country describing unscrupulous preparers who instruct their clients to make individual shared responsibility payments directly to the preparer. The IRS reminds those who owe the payment that it 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

Lawmakers to Address Possible Refunds to Taxpayers

Co-State-Capital-300Colorado lawmakers will address budgetary surpluses that require refunds to taxpayers during the legislative session that begins this week. It’ll be a busy four months for lawmakers who will also tackle government control over 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

Tipton Votes for Protection from IRS

SCOTT-TIPTON-300Congressman Scott Tipton (R-CO) voted to protect Americans from suffering further abuse by the Internal Revenue Service (IRS). Tipton and his House colleagues passed the Financial Services and General Government Appropriations Act yesterday. The bill includes protections for taxpayers against IRS targeting and abuse of power, cuts wasteful spending, and Continue reading