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      September 25, 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.


Most Coloradans aren't getting a TABOR tax refund - for now - according to latest revenue forecast

However, a 2017 law requires the first refunds go to the state-administered senior homestead exemption and disabled veterans property tax exemption before they go to everyone else. Exceeding the TABOR ...

Published:  Thu, 20 Sep 2018 16:02:00 GMT

Here's How Much Losing 1 Big Tax Deduction Could Cost You

With tax reform firmly in place, taxpayers are trying to plan for what they should expect when they file their tax returns early next year. New tax rates and a host of other changes mean that you'll h...

Published:  Sat, 22 Sep 2018 13:02:00 GMT

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

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

Colorado state officials to start charging sales tax on purchases made online

COLORADO SPRINGS, Colo. - Colorado state officials are closing a major loophole when it comes to purchasing items online. They are now making sure online companies that operate outside of the state co...

Published:  Wed, 12 Sep 2018 19:32:00 GMT

Colorado could raise property tax rates for short-term rentals like Airbnb

As elected officials across Colorado struggle to avoid steep budget cuts to rural fire stations, libraries and other public services, one group is looking to short-term rentals such as Airbnbs for a p...

Published:  Mon, 17 Sep 2018 11:00:00 GMT

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