Former Colorado Resort Owner, Race Car Driver Sentenced To PrisonWilliam 'Bill' Whittington, the former owner of a Pagosa Springs resort and former professional race car driver, was sentenced to 18 months in prison for tax fraud.
Millions Of Taxpayers Could Wind Up Owing For 2018The tax law passed late last year included slews of changes that will have wide impacts across the U.S. Among them is a likely jump in the numbers of Americans who'll owe taxes when they file 2018 returns.
Counties Tally Pre-Paid Property Taxes Ahead Of New Tax Law RulesSome people across Colorado lined up to pay their 2018 property taxes before New Year's Day, hoping to save money.
People Hope To Save Money By Paying 2018 Property Taxes NowSome people in Denver are lining up to pay their 2018 property taxes early, hoping to save money.
Waiting To File Taxes? Metro Area Post Offices Are ReadyThis year's tax filing deadline is April 18 and Denver metro area post offices are getting ready for those who waited until the last minute to file.
Redstone Castle Sold For $2.2 Million, Tours To ExpandNew owners of a $2.2 million historic castle plan to rent rooms and expand tours for the public.
States Fight Surge In Fake Tax Filings From Identity ThievesStates are becoming more forthright, telling taxpayers they'll have to be patient and allow time for verification before refunds are sent.
'American Guns' Reality Show Star Indicted For Allegedly Selling Firearms IllegallyThe owner of the Gunsmoke gun shop who appeared on the reality show "American Guns" has been arrested and indicted by a grand jury for dealing firearms without a license and tax-related charges.
Colorado Revenue: Taxpayers Need To Be Patient On ReturnsColorado officials are carefully reviewing tax returns after seeing an increase in fraud, meaning taxpayers might have to wait longer than usual for refunds, a spokeswoman said Wednesday.
IRS Scam Targeting Vulnerable Segment Of The CommunityThe IRS scam netted $14 million dollars since 2013 making it one of the most proliferated scams to date. Now law enforcement says that the scammers are targeting a particularly vulnerable segment of the community.
ID Theft, Fraud Ring Busted, AG Says Nearly $1 Million StolenA major identity theft and fraud ring has been busted after stealing nearly $1 million. The Colorado Attorney General's Office says the elaborate scam set up phony businesses and then created employees for the businesses who filed for unemployment benefits.
What Is Earned Income Tax Credit (EITC)?Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
Small Business Tax Tips: Are You Filing The Correct Forms?It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
Turbo Tax Stops Processing State Tax ReturnsTurbo Tax has stopped processing Colorado tax returns because of fraudulent filings.
Colorado AG Combating Scam Artists With Anti-Fraud SiteThe first clue it was a scam was the caller's sense of humor. "We know government has no sense of humor," Tom Logan said.