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      February 18, 2019

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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.

 

Activist aims to increase Colorado tax on oil production by $704M

An anti-fracking activist wants Colorado voters to okay a severalfold increase in the state's main tax on oil and gas production, raising an estimated $703.9 million in annual state revenue. Lafayeytt...

Published:  Tue, 12 Feb 2019 07:57:00 GMT



Where does all that Colorado pot tax go

DENVER - Colorado is pulling in a significant amount of money by taxing recreational marijuana, but it's not enough to pave the streets in gold. In part because supporters of legal pot hyped the poten...

Published:  Mon, 11 Feb 2019 20:02:00 GMT



Colorado 17th Most 'Tax-Friendly' For Middle Class: Study

COLORADO - Colorado is the 17th most tax-friendly state in the country for the middle class. That's according to a study published Wednesday by the personal finance site GOBankingRates.

Published:  Thu, 14 Feb 2019 04:00:00 GMT



Some Pasco Co. businesses charging Hillsborough Co. sales tax

A number of Pasco County businesses have been incorrectly charging customers when they ring up. Customers have been paying am 8.5 percent sales tax when it should have only been seven percent. For Pas...

Published:  Sat, 16 Feb 2019 15:03:29 GMT



Colorado Springs area business events starting Feb. 17

Rotary Club of Colorado Springs - Noon-1:30 p.m., The Antlers hotel, 4 S. Cascade Ave.; administration.manager@coloradospringsrotary.org. Through April 15: Pikes Peak United Way Free Tax ...

Published:  Sat, 16 Feb 2019 23:26:00 GMT



Ashby co-op manager pleads guilty to mail fraud, tax evasion: Hennessey was accused of embezzling over $5M

MINNEAPOLIS - The former general manager of the defunct Ashby Farmers Cooperative Elevator Co. pleaded guilty to federal felony charges of mail fraud and income tax evasion in U.S. District Court in M...

Published:  Thu, 14 Feb 2019 13:45:00 GMT



Tax office employees remember former co-worker

WICHITA FALLS (KFDX/KJTL) - In Wichita Falls Tuesday afternoon family, friends and employees of the Wichita County Tax Office sent happy birthday wishes up to heaven on balloons for Shawn Ramon. Ramon ...

Published:  Tue, 12 Feb 2019 16:35:00 GMT



Wisc. Dem seeks co-sponsors for bill to repeal medical device tax

Rep. Ron Kind (D-Wis.) this week inked a letter to colleagues seeking support for a new bill that aims to repeal the medical device tax. The newly dubbed Protect Medical Innovation act of 2019 comes b...

Published:  Thu, 14 Feb 2019 08:55:00 GMT



Bill aims to help Colorado businesses navigate tax codes (and here's how you can, too)

DENVER - Not everything that happens at the Colorado State Capitol gets covered because well - not everything is that interesting. "There is somebody in my district who has said to me, Tracy does not ...

Published:  Thu, 14 Feb 2019 04:58:00 GMT



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