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      September 21, 2018

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Tax Relief in Colorado

Colorado MapIn Colorado, there are growing numbers of residents who are suffering from outstanding tax debts. These people are finding it increasingly difficult to get help as federal and state tax authorities are threatening with garnishment of wages and seizure of property. Faced with this difficult situation, many people donít know what to do, and while they wait, additional taxes and penalties are levied and the debt itself accumulates larger.

Itís very important that a person who has outstanding tax debts develops a strategy and financial plan to overcome and reduce or pay off the debt. Thatís where tax relief companies can help. These companies can help individuals get personal tax relief in Colorado. Because they have experience with the tax delinquency system, they know how to help those in debt reduce their taxes if possible, or at least get more time to pay them off.

In Colorado, there are a number of options available to people who are struggling with tax debt, but the problem is that they donít know about these options or they donít know how to access them. One thing a tax relief company can do is help them set up a monthly installment plan. Both the federal government and the state government allow monthly installment plans. This can help the individual slowly pay off a debt that is too large to pay at once. In order to qualify, the person will have to provide financial information and complete processes with the tax authorities, and a tax relief company can help them navigate these processes successfully. With professional help, they may be able to get some personal tax relief in Colorado.

There are several other options tax relief companies can pursue to help an individual get on top of their outstanding tax debt. A number of tax relief companies are experts at helping Colorado residents manage local or federal taxes quickly and effectively.


Colorado Springs sales tax revenue growth accelerates for third consecutive month

Colorado Springs consumers accelerated their spending for a third consecutive month in July, boosting revenue from the city's sales tax to the biggest percentage gain in 14 months. Sales tax ...

Published:  Fri, 14 Sep 2018 16:00:00 GMT

Pueblo County high school students can apply for marijuana tax funded scholarship

Pueblo Cannabis Hope Scholarships are funded by the Pueblo County Scholarship Fund using money from the marijuana tax in the county. The scholarship fund collects half of the revenue generated by ...

Published:  Thu, 20 Sep 2018 13:05:00 GMT

Online retailers who sell to Coloradans will soon be required to collect sales taxes

Colorado Department of Revenue officials will begin collecting sales taxes on Dec. 1 from out-of-state online retailers who sell goods to Coloradans - an administrative decision that answers the pleas ...

Published:  Thu, 13 Sep 2018 04:55:00 GMT

School District 11 in Colorado Springs begins spending revenue from tax increase last fall

COLORADO SPRINGS, Colo. - Almost a year has passed since 57 percent of voters in Colorado Springs School District 11 passed a mill levy override to generate additional revenue for much-needed school i...

Published:  Tue, 18 Sep 2018 00:10:00 GMT

Final Chance For Comment On November's Tax Measures

BOULDER, CO - Residents across the county have one more chance to submit comments on the Oil and Gas Pollution Tax that will appear on ballots this November. Those living within the City of ...

Published:  Tue, 18 Sep 2018 06:58:00 GMT

Colorado Announces Online Sales Tax Collection Starting November 1

The Colorado Department of Revenue has announced (news release image below) that it will require by regulation collection of sales tax by online sellers starting November 1, 2018. The department says ...

Published:  Tue, 11 Sep 2018 14:20:00 GMT

Colorado Will Require Online Retailers To Collect Sales Tax

DENVER (CBS4) - The Colorado Department of Revenue announced a new policy Tuesday that will require out-of-state retailers who do business in Colorado to get a state sales tax license.

Published:  Tue, 11 Sep 2018 22:55:44 GMT

Limit tax-free pension lump sums to £40,000 say Lib Dems

The Liberal Democrats have called for tax-free pension lump sums to be limited to £40,000. At the party's annual conference on 18 September 2018 a motion was approved that will see the Lib Dems ...

Published:  Thu, 20 Sep 2018 00:40:00 GMT

New bill drafted aims to spike property taxes for Airbnb rentals

COLORADO SPRINGS, Colo. - Colorado could be cracking down on short-term rentals like Airbnb, resulting in a significant spike in property taxes. The bill being drafted would hit property owners who re...

Published:  Mon, 17 Sep 2018 19:59:00 GMT

Just in time for the holidays, sales tax collection for Coloradans who order online

Coloradans, get ready to pay sales tax at your favorite online retailers, if you aren't already - just in time for Black Friday and the holiday shopping season. The Colorado Department of ...

Published:  Wed, 12 Sep 2018 17:20:00 GMT

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