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In two months, Colorado will start to roll out another round of TABOR checks for 2025. However, not everyone will get their checks at the same time.
The Colorado Cash Back program is a refund of state revenues collected above the Taxpayer Bill of Rights (TABOR) limit. This refund will be paid back based on the tax return or property tax, rent ...
Watch your mailboxes, Colorado, because the state has already started the process of printing and mailing out 2.4 million checks to Colorado residents as part of TABOR refund program.
In 1992, the voters of the state approved a measure which amended Article X of the Colorado Constitution that restricts revenues for all levels of government (state, local, and schools). [2] Under TABOR, state and local governments cannot raise tax rates without voter approval and cannot spend revenues collected under existing tax rates without ...
[18] [19] In 1997, TABOR's restrictions on state spending were triggered for the first time, resulting in refunds to taxpayers. [20] During these campaigns, Bruce was the primary spokesperson for TABOR, often trading barbs with TABOR opponent and Colorado governor Roy Romer.
The Colorado Department of Revenue (DOR) is a state agency in Colorado. The department collects most types of taxes and issues state identification cards and driver licenses and also enforces Colorado laws regarding gaming , liquor, tobacco, racing, auto dealers, and marijuana.
Many taxpayers don't realize there's a difference between state and federal income tax refund timeframes. The IRS typically processes electronic federal returns with direct deposit within 21 days ...
Colorado. Taxpayers are receiving refunds of $750, or $1,500 for couples, filing jointly, thanks to the state’s Taxpayer’s Bill of Rights, according to the Department of Revenue Tax Division ...