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      November 16, 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.

 

Construction boom fuels another big month for Colorado Springs sales tax revenue

A booming construction industry, likely triggered by two summer hailstorms, helped to fuel another big month for Colorado Springs sales tax receipts in October. Collections of the 2 percent tax on ...

Published:  Thu, 15 Nov 2018 15:05:00 GMT



List analysis: Boeing's forgoing of past exemptions keeps it on the county's tax rolls

The Boeing Co. may be gone from Wichita, but it's definitely not forgotten - including from the tax coffers of Sedgwick County. According to the list of Sedgwick County's largest taxpayers, published ...

Published:  Fri, 16 Nov 2018 01:00:00 GMT



Colorado-Wide Taxes Are A Hard Sell With Voters. Local Taxes That's An Easier Ask

If you want to raise taxes in Colorado, success depends on how you ask. Exhibit A: Voters rejected all the statewide tax ballot measures on Election Day, but they approved some targeted, local tax inc...

Published:  Wed, 07 Nov 2018 19:54:00 GMT



The Home Front: From lodging taxes to mayors, local election results from across Colorado

"Grand Junction voters agreed Tuesday night to double the city's lodging tax in order to boost tourism and sporting events marketing and incentivize more direct flights into and out of Grand Junction ...

Published:  Wed, 07 Nov 2018 10:41:00 GMT



Colorado Department of Revenue tax requirement leaves CaŪĪon City small business owners with questions

As co-owner of a furniture store for more than a decade, Debbie Lake knows how to grow a business. She and her husband have transformed Classic Furniture from a small consignment shop that only sold u...

Published:  Fri, 16 Nov 2018 09:07:00 GMT



Energy industry triumphs in Washington, Colorado, but gas tax stands in California

Two energy-related propositions that saw the oil and gas industry pump tens of millions of dollars into Washington state and Colorado were defeated Tuesday, while a rollback on California's gas tax wa...

Published:  Wed, 07 Nov 2018 06:33:00 GMT



What 20 years of tax records tell us about Phil Knight's giving

The billionaire Nike co-founder, who stepped down from the company's board ... the Business Journal sorted through decades of the Knight Foundation's tax records and interviewed sources familiar with ...

Published:  Thu, 15 Nov 2018 10:44:00 GMT



Some Targeted, Local Tax Hikes Approved Around Colorado

DENVER (AP) - Colorado voters rejected statewide ballot measures seeking to raise taxes but they approved some targeted, local tax increases. Voters in Grand Junction backed doubling the city's lodgin...

Published:  Wed, 07 Nov 2018 07:44:00 GMT



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