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Colorado Income Tax

Colorado income tax changes: The State giveth, taketh away

Residents may be surprised – pleasantly or otherwise – at some new items and requirements on the 2015 Colorado income tax returns.  Specifically, Colorado taxpayers are likely to receive a relatively modest TABOR refund for the first time in 10 years. That’s the good news, from an individual perspective. The bad news is, Colorado now requires residents to pay a retroactive tax on Internet purchases.

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