CSBJ Daily

During this afternoon’s State of the City address, Mayor Lionel Rivera said that Colorado Springs should consider shifting funding for public safety from sales tax revenue to “more stable” property tax revenue.
“It may be a more difficult pill to swallow, but there is no question that it’s the right medicine,” Rivera said.
However, […]

The Associated Press
Consumers stepped up their shopping in May after tax rebate checks hit mailboxes, giving many of the nation’s retailers stronger than expected sales for the month.
Still, there were signs that many people are still focusing on necessities such as food and gas.
Discount and lower-priced stores such as Costco Wholesale […]

The on-site assets of Cold Stone Creamery, in the Southgate Center at 2130 Southgate Road, have been seized by The Colorado Department of Revenue for non-payment of taxes.
The assets will be sold at public auction at 10 a.m. April 28.
The store is owned by Pittman Investments. According to information posted […]

Last minute taxpayers who disagree about the amount of tax liability on their tax returns can ask the Internal Revenue Service’s Appeals Office to review their case.
The Appeals Office is independent of the IRS office that proposes collections and can work with taxpayers.
Most taxpayers are able to settle their differences […]

If an envelope arrives from the Internal Revenue Service and it’s not a refund check – don’t panic.
Millions of letters and notices are sent each year with requests for additional information or notification of changes to accounts. Notices typically cover specific issues about accounts or tax returns and include specific instructions.
If […]

If you’ve discovered an error after filing a tax return, you might need to file an amendment.
The IRS usually corrects math errors or requests missing forms, such as W-2s or schedules, when processing an original return. For such instances, do not amend a return.
However, an amended return should be filed if […]

The Internal Revenue Service will allow military personnel serving in combat zones to include nontaxable combat pay on 2007 or 2008 income tax returns if it helps eligibility for economic stimulus payments.
Combat zone personnel or spouses must file a 2007 income tax return by Oct. 15 in order to receive […]

The Internal Revenue Service and the Department of the Treasury are seeking applicants for the Taxpayer Advocacy Panel.
The panel includes people from each state help guide IRS decisions.
Members facilitate taxpayer input and make recommendations to the IRS about customer-service issues.
To qualify as a panel member, applicants must be U.S. citizens […]

Americans are filing their tax returns earlier this year.
The National Retail Federation’s Tax Returns Consumer Intentions survey found that 61.2 percent of consumers have already filed their tax returns or will file a return by the end of the month.
The survey also found that consumers filed earlier this year than […]

The Associated Press
WASHINGTON – Don’t be alarmed. More than 130 million households will get letters from the IRS starting next week – and it’s good news. The letters are part of an extensive outreach effort to make sure people don’t miss out on their share of the recently passed $168 billion economic stimulus […]