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How far back can taxes be collected?

As a general rule, there is a ten year statute of limitations on IRS collections. This means that the IRS can attempt to collect your unpaid taxes for up to ten years from the date they were assessed. Subject to some important exceptions, once the ten years are up, the IRS has to stop its collection efforts.

Is sales tax deductible in Colorado?

Colorado HB21-1265, enacted in June 2021, allows restaurants, bars, food trucks, caterers & food service contractors to deduct state sales taxes from their returns in June, July and August 2021.

What is the Colorado individual income tax form?

This filing guide will assist you with completing your Colorado Income Tax Return.

What is the Colorado sales tax refund?

The Colorado Cash Back rebates are an early refund of the fiscal year 2021-22 TABOR surplus. On May 23, 2022, Gov. Jared Polis signed a new law (Senate Bill 22-233) to give Coloradans a tax rebate of $750 for individual filers and $1,500 for joint filers.

Who qualifies for the Colorado stimulus check?

Be at least 18 years old as of December 31, 2021. Were a Colorado resident for all of 2021. File a 2021 Colorado state income tax return or apply for a Property Tax/Rent/Heat Credit (PTC) Rebate.

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