Even as Colorado enacts drastic changes to its tax policy, economic forecasters still expect the state to hit the constitutional cap on revenue collections in coming years. But, the state could flirt with falling below the cap, set by the Taxpayer’s Bill of Rights, for the first time in half a decade during the adjustment period.

  • Balanced Budget: Definition, Example of Uses, and How to Balance
    A balanced budget is a ... must be raised or the money supply artificially increased—thus devaluing the currency—to service this debt. This can result in a crippling tax bill once taxes ...
    07/18/2024 - 2:55 pm | View Link
  • 10 Tax Credits You May Qualify for This Year
    Credits provide a dollar-for-dollar reduction in the amount of taxes you owe. Some tax credits are refundable, meaning you can be paid for the value of the credit even if it exceeds your tax ...
    07/11/2024 - 4:21 pm | View Link
  • How to settle your IRS tax debt
    In other words, this type of program is designed to alleviate the burden of your tax debt and make repayment more manageable. And, there are a number of tax deductions and credits available ...
    07/11/2024 - 1:42 am | View Link
  • Pa. Senate GOP proposes new tax credits for private education amid budget push
    HARRISBURG — All Pennsylvania families with children enrolled in non-public schools could be eligible for a tax ... budget with education spending at the heart of negotiations. The credits ...
    07/2/2024 - 12:59 pm | View Link
  • Ohio lawmakers set to vote on $4.2B capital budget. Where would the money go?
    The Ohio Legislature will send millions of state tax ... capital budget. The House and Senate outlined capital budget funding in separate bills. This money is in addition to what lawmakers called ...
    06/28/2024 - 9:27 am | View Link
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