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Opinion: Mitt Romney’s Tax Problem

It turns out that W. Mitt Romney has more in common than the average American homeowner than we though. Not only is he unemployed, as he describes his employment plight to voters. It turns out he took...

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Opinion: Mitt Romney’s 13% Tax Admission Is Not Enough

For some reason, W. Mitt Romney keeps taking the bait when he is asked about his taxes. Yesterday, he pushed the subject a little more. He said, “I did go back and look at my taxes and over the past...

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Opinion: Romney’s Friday Tax Document Dump Only Raises More Questions

On Friday, Mitt Romney engaged in what is known in the business as a document dump. On Friday afternoon Romney released another, partial, tax return. This time for 2011. It is the second year that he...

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Opinion: Churches Shouldn’t Be The Next Super PACs

It is time to end the tax exempt status of religious organizations that advocated for a partisan candidate. Churches are free to exercise their First Amendment guaranteed right to free speech. But...

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IRS Warns Of Tax Refund Thefts

DENVER (CBS4)- The first day to file your tax return is Wednesday and the IRS is warning filers to be wary of tax return thefts. Some 650,000 taxpayers nationwide had their refund stolen in 2012....

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Some Electronic Tax Returns Getting Rejected Because Of Fiscal Cliff

DENVER (CBS4) – A CBS4 employee recently tried to file her tax return electronically but it was rejected by the Internal Revenue Service, and she’s not alone. If you are filing electronically this...

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As The Tax Man Cometh, Tips For Getting Ready

(CBS MoneyWatch) — The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven’t started preparing your taxes yet, do it: There’s no reason to wait for April 15 to...

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3 At Commerce City Car Dealership Accused Of Money Laundering

COMMERCE CITY, Colo. (CBS4) – State, federal and local agents raided a Commerce City car dealership where three people are accused of money laundering. The dealership is the Chopeque Auto Sales on...

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Feds Checking Whether Suspects Used Tunnel For Smuggling

COMMERCE CITY, Colo. (CBS4) – Federal investigators believe an auto dealership was a front for a multimillion dollar operation involving drugs, cars and money laundering. Agents are searching for a...

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IRS Agents Raid Gun Shop In Wheat Ridge

WHEAT RIDGE, Colo. (CBS4)- IRS agents raided a well-known gun shop in Wheat Ridge on Friday. Gunsmoke is located at 9690 West 44th Avenue in Wheat Ridge. The gun shop was robbed last month. Gunsmoke...

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What To Do If You Owe Taxes But Can’t Pay

By Ray Martin, CBS MoneyWatch (CBSMoneyWatch) So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay? One thing you should do no matter what is to file your tax...

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Basic Errors That Can Delay Your Tax Refund

By Ray Martin, CBS MoneyWatch (CBSMoneyWatch) Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to...

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Plenty Of Changes For Tax Filers This Year

(CBS / AP) — Taxpayers preparing to file their 2012 returns can breathe a collective sigh of relief. The alternative minimum tax, or AMT, has been patched — permanently — and several tax credits and...

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Where’s My Refund? IRS Tool Answers That Question

(CBS / AP) — The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough. The...

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What Triggers an IRS Tax Audit?

By Ray Martin, CBS MoneyWatch (CBSMoneyWatch) The IRS examined 1.1 percent of all individual tax returns in 2010 and 2011, so the chances that your tax return will be audited are only about 1 in 90....

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Avoid Tax Scams During Tax Season

DENVER (CBS4)- Time is running out to file taxes and the IRS is warning some filers of a popular scam this time of year. The IRS said identity theft is the number one tax scam. People usually notice...

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Conservative Colorado Group Claims To Have Been Targeted By The IRS

DENVER (CBS4) – A group in Colorado says it’s been unfairly targeted by the Internal Revenue Service, and now the U.S. Department of Justice has opened a criminal investigation into allegations the IRS...

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Rep. Gardner Demands To Know Colorado Groups Targeted By The IRS

DENVER (CBS4) – Republican U.S. Rep. Cory Gardner is demanded to know which Colorado political groups were targeted by the Internal Revenue Service hours after President Obama fired the acting chief of...

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Tea Party Activists Rally At Denver IRS Office

DENVER (AP) – Tea party activists rallied outside the Internal Revenue Service office in Denver on Tuesday to protest IRS scrutiny of conservative groups. About 50 people gathered, many holding signs...

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Authorities Raid Several Marijuana Businesses

(credit: CBS) DENVER (CBS4) – Federal, state and local law agencies are searching several medical marijuana businesses as part of an operation. One raid took place at VIP Cannabis near Federal and...

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