Colorado Democrats are eying a large portion of the state’s $1.8 billion-plus surplus this year to provide child tax credits targeted to help lower-income families — along with another slice devoted to helping people working in health- and child-care fields. The proposals are costly policy moves that could put state lawmakers on a path for … Read more
For the second time in two months, Gov. Jared Polis on Wednesday signed a bill into law that temporarily doubles Colorado’s match of the federal Earned Income Tax Credit, boosting the amount of money that will go to working families this year. The new law — the first legislation signed by Polis during the 2024 … Read more
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
