Douglas County this week sued a state board in charge of evaluating property assessments, claiming officials overstepped their authority and wrongfully stopped the county from providing substantial tax relief to thousands of homeowners. Last month’s board decision and the appeal to a judge to step in come amid a fierce statewide debate over how to … Read more
Housing, housing, and more housing will dominate Colorado Gov. Jared Polis’ agenda this legislative session as state leaders aim to encourage more building across the state. The governor, entering his sixth year in office, previewed his priorities Thursday in his annual State of the State address to a packed Colorado House chamber. Roughly the first … Read more
Tourism taxes on the rise Tourism taxes or tourist levies have shown an increase in the past year, with a number of countries announcing higher fees for tourists. By what has brought this about? As reported by Travel News, Tourism Taxes by Design, a white paper by Group NAO and the Global Destination Sustainability Movement, … Read more
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Colorado taxpayers won’t have to pay federal income taxes on their state refunds this filing season, according to two elected officials, after the IRS resolved uncertainty surrounding that issue — at least for now. U.S. Sen. Michael Bennet and Gov. Jared Polis confirmed the Internal Revenue Service’s decision during a Tuesday meeting with IRS representatives, … Read more
The world’s first legal sale of recreational marijuana happened in Denver on Jan. 1, 2014. In fact, it happened twice. Mason Tvert was managing the onslaught of media that descended on the Mile High City to witness the historic moment, set in motion by the successful legalization campaign he’d led. So many camera crews and … Read more
The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for the relief starting … Read more
Gov. Gavin Newsom’s political future could be determined by how he responds to Assembly Republicans’ call for a special legislative session to address California’s staggering budget shortfall. Newsom owns this mess. At the start of last year, he was bragging about the state’s $98 billion budget surplus. Last week, Legislative Analyst Gabriel Petek warned that … Read more
A majority of Colorado voters say home ownership is only going to become less attainable, voicing broad concerns about the cost of living and the state’s broader affordability, according to results from a bipartisan poll released Tuesday. The poll, conducted for the Colorado Polling Institute Nov. 26-27 by a team of pollsters, also found a … Read more
