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Tax Tips: What You Need to Know About Write Offs And Donations
Photo Credit Thinkstock Knowing what you can legitimately deduct off your taxes and what receipts you didn’t need to hold on to after all, can help both you and your accountant avoid a lot of...
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IRS Says Lakewood Woman Owes $43 Million In Taxes
http://media.denver.cbslocal.com/CBSDEN_0904201522222397893AA.mp4 LAKEWOOD, Colo. (CBS4) – Just days away from tax day a woman in Lakewood received a notice from the IRS saying she owes $43 million....
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Colorado’s ‘Largest And Most Complex Heroin Bust’ Nets 34 As Use Of The Drug...
http://media.denver.cbslocal.com/CBSDEN_2005201517111769311AA.mp4 DENVER (CBS4) – State, federal agents and prosecutors say they have arrested 34 people in a heroin distribution sweep that resulted in...
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Loveland Police Issue Warning About IRS Scam
LOVELAND, Colo. (CBS4)– Police in Loveland are warning residents about an IRS scam who is targeting people in that area. Police say the man identifies himself as an employee of the U.S. Treasury...
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Nonprofits Becoming More Comfortable Accepting Pot Donations
DENVER (AP) – One marijuana business hosts an annual golf tournament in Denver to raise money for multiple sclerosis research. Another Colorado pot company donates to a gay-rights advocacy group and is...
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Former Broncos RB Clinton Portis Files For Bankruptcy
DENVER (The Sports Xchange) – Former Washington Redskins and Denver Broncos running back Clinton Portis, who made about $43 million during his nine-season NFL career, has filed for bankruptcy. A...
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Colorado Revenue: Taxpayers Need To Be Patient On Returns
DENVER (AP) – Colorado 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....
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‘American Guns’ Reality Show Star Indicted For Allegedly Selling Firearms...
DENVER (CBS4) – The 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...
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Extra Days To File: Tax Day 2016 Is Not April 15th
Photo Credit: Thinkstock Most people always have marked down April 15 in their calendars as tax day, the deadline for getting taxes done and turned in to avoid penalties and fees. However, the date...
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What Are The “Dirty Dozen” Tax Scams & How Can You Avoid Them?
Photo Credit: Thinkstock Every year, as tax season rolls around, the IRS releases a lot of valuable information. From new tax codes to changes and scams to watch out for, the IRS website is a plethora...
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How To Find The Right Tax Professional For All Your Tax Needs
Photo Credit: Thinkstock When it comes to filing taxes every year, there are numerous laws that change and regulations that pop up or expire that many tax payers know little about. If a person is a...
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States Fight Surge In Fake Tax Filings From Identity Thieves
(AP) – For the first time, the Kentucky Revenue Department this year is asking taxpayers to wait. Kentucky and other states are becoming more forthright, telling taxpayers they’ll have to be patient...
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Familiar Phone Scam Claims More Victims In Colorado
By Tom Mustin DOUGLAS COUNTY, Colo. (CBS4) – The Douglas County Sheriff’s Office is warning residents of a new variation on a familiar phone scam. In the past month seven residents have reported...
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Waiting To File Taxes? Metro Area Post Offices Are Ready
DENVER (CBS4)– This 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. The Internal Revenue Service deadline...
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People Hope To Save Money By Paying 2018 Property Taxes Now
By Makenzie O’Keefe DENVER (CBS4)– Some people across Colorado are lining up to pay their 2018 property taxes early, hoping to save money. The federal tax overhaul signed by Republican President Donald...
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Counties Tally Pre-Paid Property Taxes Ahead Of New Tax Law Rules
DENVER (CBS4)– Some people across Colorado lined up to pay their 2018 property taxes before New Year’s Day, hoping to save money. The federal tax overhaul signed by Republican President Donald Trump...
View ArticleWhat 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...
View ArticleBasic 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...
View ArticlePlenty 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...
View ArticleWhere’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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