Property tax bill passes Colorado House during special session
The Colorado House passed HB24B-1001 on Wednesday hoping it will help reduce property taxes.
Property tax bill passes Colorado House during special session Read More »
Taxes
Mayor’s push for ‘affordable’ housing will lead to Denver voters considering $100M sales tax hike in November
A divided Denver City Council on Monday approved a measure that will ask Denver voters in November to hike the city’s sales tax by 0.5 points to generate $100 million, which Mayor Mike Johnston wants to spend on “affordable” housing.
‘I’m opposed to the timing’: Former Denver Mayor Wellington Webb pushes back on tax initiative
Former Denver Mayor Wellington Webb says now isn’t the time to ask voters to approve a sales tax hike for affordable housing.
Panel of Colorado lawmakers schedule meeting amid talk of property tax compromise, special session
A panel of Colorado lawmakers tasked with crafting long-term property tax policy is meeting on Monday, potentially laying down the groundwork for a special session amid speculation that parties are negotiating a potential compromise that would pull two initiatives from the November ballot in exchange for deeper reductions to people’s tax liabilities.
Prop. 108, the ‘Citizens’ Tax Cut’ plan, could be headed to the ballot with nearly 200k signatures
A ballot initiative to reduce property tax assessment rates has received enough signatures to qualify for the November 2024 ballot, its sponsors announced Tuesday.
Denver mayor wants a tax increase. Proposes lifting sales tax to 9.31%.
Denver Mayor Mike Johnston unveiled a proposal Monday to raise $100 million a year for affordable housing projects by raising the sales tax in Denver by 0.5%.
Denver mayor wants a tax increase. Proposes lifting sales tax to 9.31%. Read More »
IRS plans to close ‘major’ tax loophole used by wealthy Americans
The IRS and Treasury Department on Monday unveiled a plan to end a major tax loophole used by wealthy taxpayers, a move that could generate as much as $50 billion in revenue over the next decade.
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Analysis: Trump plan to cut taxes on tips would save taxpayers $250 billion over decade
Former President Trump’s plan to end taxes on tips could come with a price tag of $250 billion, a budget watchdog estimated in a new analysis.
Analysis: Trump plan to cut taxes on tips would save taxpayers $250 billion over decade Read More »
Woodland Park sales tax repeal proposal could be losing steam
The idea of ending the sales tax that benefits the Woodland Park School District has, for now, lost traction among members of the city council. But the desire for detailed accountability for how the money is spent has never been stronger.
Woodland Park sales tax repeal proposal could be losing steam Read More »
What is the Work Opportunity Tax Credit and how does it benefit business owners?
The work opportunity tax credit (WOTC) rewards businesses that hire workers from certain targeted groups who might otherwise be overlooked in the job market. Businesses of any size can claim the credit for as many eligible workers they employ.
What is the Work Opportunity Tax Credit and how does it benefit business owners? Read More »