The IRS started accepting tax returns on Monday, kicking off the 2024 tax season with a pledge to provide better service for taxpayers. For most tax filers, the top questions are whether they'll see a bigger tax refund — and how long will it take the IRS to send them their money. Mor...
Those who are married and lived with their spouses at any time during the year, but who file separate tax returns with modified adjusted gross income of $106,000 or less, will pay just the Medicare Part B premium of $185.00 a month. Beneficiaries with incomes above $106,000 but below $...
The bill creates an income tax credit that is available for income tax years commencing on or after January 1, 2023, but prior to January 1, 2025, for a qualifying public service retiree, which means a full-time Colorado resident individual who is: 55 years of age or older at the end ...
First, the housing market crash of 2008 was the result of very loose lending policies, with many home loans funded without any proof of income, tax returns or credit checks. Second, homebuilders were ahead of demand in terms of overbuilding, flooding the market with unsold inventory. Third, ...
The joint support was centered around sports betting tax revenue going toward the Colorado Water Conservation Board, which was in need of funding to complete a variety of water-based projects.The bill passed rather easily in the summer of 2019, but it wasn’t without opposition. Some detractors...
This means that 38.4 of every 10,000 Colorado 2020 tax returns indicated millionaire status. TheFW.com notes this data doesn't cover anyone who didn't file an individual income tax return; however, it's safe to say Colorado isn't lacking in millionaires à la West Virginia, Mississippi, ...
Colorado online sports betting was legalized in 2019 and has been an enormous boon to the State and its tax coffers. More than $300 million was wagered, and almost 25 million won by the casinos at online sports betting sites in the Centennial State in just August 2023. The tax rate is ...
At Automated Accounting Services (AAS) we prepare tax returns for individuals and small businesses. We pride ourselves on filing extremely accurate tax returns with the use of state of the art technology. Our “stock-in-trade” is staying current on the latest changes to the tax code, and ap...
Colorado’s industry-friendly sports betting law (10% tax rate, low fees, all Colorado casinos eligible to apply for a sports betting license) ensures a competitive marketplace. Bettors can currently choose between two dozen Colorado sports betting sites. ...
Modifies the process for filing conservation easement tax credit certificates with income tax returns; Eliminates the authority of the executive director of the department of revenue to require additional information regarding the amount and validity of tax credits and to resolve disputes regarding the cr...