Colorado billionaire Phil Anschutz and his wife, Nancy, want a state appeals court to revive their lawsuit seeking a nearly $8 million tax refund. Phil Anschutz, who controls a vast business empire, has an estimated net worth of more than $10 billion. The Anschutzes argue that changes to federal tax law made through the CARES […]
CARES Act
Posted inBusiness, Crime and Courts, News, Politics and Government
Judge rejects billionaire Phil Anschutz’s tax lawsuit, reveals how much money he wanted
A Denver District Court judge Thursday dismissed a lawsuit filed by billionaire Phil Anschutz and his wife, Nancy, seeking a nearly $8 million tax refund from the Colorado Department of Revenue. The Anschutzes argued that changes to federal tax law made as part of Congress’ 2020 pandemic response bill, the CARES Act, changed Colorado’s tax […]
Posted inBusiness, Crime and Courts, Economy, News, Politics and Government
Billionaire Phil Anschutz and his wife are suing Colorado for a tax refund. How much they want is a secret.
Colorado billionaire Phil Anschutz and his wife, Nancy, are suing the Colorado Department of Revenue for a tax refund in a case that could have big financial consequences for the state. The couple argue that due to changes to federal tax law made as part of Congress’ 2020 pandemic response bill, the CARES Act, Colorado’s […]
Posted inCOVID, News, Politics and Government
Not every vaccinated Coloradan will be entered into the $1 million sweepstakes. Here’s how to check if you are.
One lucky (and vaccinated) adult Coloradan will become a million dollars wealthier this week, the first of five to win the Colorado Comeback Cash sweepstakes Gov. Jared Polis announced late last month. If you’ve received at least one dose of a free coronavirus vaccine in the state, you’ll automatically be entered into the Colorado Immunization […]
Posted inBusiness, Coloradans, COVID, Energy, Environment, Health, News, Politics and Government
Grand Junction keeps its grave for radioactive, Cold War dirt thanks to new coronavirus-aid package
Cold War-era Grand Junction had a widespread benefit from a uranium mill in its backyard: dirt — fine, sand-like, multipurpose dirt. The Climax Uranium Mill along the Colorado River offered an endless supply of the gray dirt that was free for the taking by anyone who needed material to use in sidewalks and roadways, in […]
Posted inBusiness, Economy, News, Politics and Government
Unemployed Coloradans won’t see federal jobless aid for weeks despite Trump signing coronavirus relief bill
Linda Madigan felt relieved on Monday, a day after the $908 billion federal COVID-19 aid package was finally signed following a week of protest by the president. But she knows it could be several weeks before she and some 280,000 other Coloradans receive a cent in extended unemployment aid because the Colorado Department of Labor […]
Posted inBusiness, Economy, News
Updated federal coronavirus loan program offers more relief, but not all Colorado businesses are eligible
Frisco restaurateur Bob Starekow got some devastating news last week. His federal Paycheck Protection Program loan came with unexpected strings. “My accountant informed me that due to the ‘income’ of the forgiveness portion of the PPP loan, I will owe $45,000 in taxes on phantom income,” Starekow, owner of Silverheels Bar & Grill and Kemosabe […]
Posted inBusiness, Economy, News
What’s Working: CARES Act II inches closer as 280,000 Coloradans will lose unemployment benefits day after Christmas
By the time you read this, there could be a new federal COVID-19 relief package on its way to the Oval Office for the president’s signature, which is good timing since roughly 280,000 Coloradans will lose their unemployment benefits on the day after Christmas. But it was a rough Friday evening as Congress couldn’t come […]
Posted inColoradans, COVID, Health
On Edge: Heightened anxiety, depression are testing Colorado’s already-frayed safety nets
On Denver’s west side, an elderly man had been managing his solitude just fine until the pandemic hit, taking with it what social life he had and leaving in its place a loneliness he had not felt for years. Not far from his house, a young woman fights panic attacks after COVID-19 killed her grandfather […]
Posted inBusiness, Coloradans, COVID, Health, Politics and Government
Six months after eviction, a Denver woman wonders if she’ll ever have stable housing again
Despite two weeks of a harsh cough and feeling achy and awful while she was sick with COVID-19, as well as lingering shortness of breath weeks later, contracting the coronavirus in late October is not the worst thing that has happened to Mireya Marquez this year. Marquez, 39, a transgender woman living in Denver, was […]