Financial Education for Colorado Educators (and those they love). Absolutely Free.
As we are about to turn the page (click the arrow?) on the calendar to move into 2024, there are many changes that happen around taxes. These include tax bracket changes, changes in the limits of what you can contribute to various retirement accounts, and a variety of other changes. The following is by no … Continue reading 2024: New Year, New Limits
I posted a while back suggesting that many Coloradans should consider purchasing an EV if they are in the market for a new vehicle. I thought I should do a follow-up post because Colorado has now approved a new rule requiring 82% of all new cars sold in 2032 have to be EV, full EV … Continue reading Coloradans Should Buy An EV: Part 2
Property taxes have been a hot topic in Colorado this summer as new valuations came out and they were very high. For example, our house increased in value by 49% since the last valuation two years ago! Like many folks, we appealed, as our house is valued at about 35% higher than we could actually … Continue reading Colorado Property Taxes Are Outrageous! (Outrageously Low)
Beginning on Thursday, August 31st, Colorado is launching a new incentive for income-qualified Coloradans to purchase a new or used EV. Titled "Vehicle Exchange Colorado", this can provide up to a $6,000 incentive if you trade in your existing older vehicle and if you meet the other qualifications (note that this is in addition to … Continue reading Colorado’s “Cash for Clunkers” Program
This post is about Colorado HB23-1272 which has passed the Colorado legislature and is awaiting the Governor's signature. Like most bills, this one is complex (77 pages long) and filled with legislative and legal jargon. As a result, the following is my current interpretation of some of the provisions in this bill but it is … Continue reading Coloradans Should Buy an EV
This post is mostly for me, as I need a place to refer folks to in the financial literacy for teachers class I teach for basic questions about taxes (and perhaps it could be useful for others as well). While there are a plethora of resources about taxes out there, I needed something that just … Continue reading Taxes For Teachers 101
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