UPDATE | 4:16 p.m. — The IRS announced Friday afternoon that it would not require Coloradans to pay federal income tax on expedited tax refunds that they received last year. On Friday, the entire ...
The IRS’ 16-page guidance on “federal income tax consequences of certain state payments” clarifies the federal tax status of state and local tax refunds and other payments made by governments to ...
The Internal Revenue Service decided Colorado’s Taxpayer’s Bill of Rights refunds are not subject to the federal income tax and don’t need to be claimed after multiple Colorado officials decried the ...
DENVER — Only six months ago, Coloradans breathed a sigh of relief when the Internal Revenue Service announced it would not take out federal taxes on refunds from Colorado's Taxpayer's Bill of Rights.
With the halfway point of income tax season approaching, Coloradans are getting anxious to get their refunds. Here’s how to find updates on yours.
Colorado taxpayers can breathe a sigh of relief after U.S. Sen. Michael Bennet confirmed on Tuesday that the Internal Revenue Service won’t treat refunds issued under the state’s Taxpayer’s Bill of ...
Add Yahoo as a preferred source to see more of our stories on Google. Itching to get your $800 TABOR refund (or $1,600, if you're married)? You're closer than ever now that the Colorado Department of ...
'This absurd potential action from the IRS would cost Coloradans,' Gov. Jared Polis says Only six months ago, Coloradans breathed a sigh of relief when the Internal Revenue Service announced it would ...