Highlights of recent tax legislation.
Refund Deadline for Overpaid Sales and Use Tax -- FYI Sales 1, Paragraph 3
Wildfire Mitigation -- FYI Income 65
Income Tax Deductions for Medical Marijuana Businesses -- Look for changes on the 2014 tax return.
Elimination of Sales and Use Tax Exemption for Cigarettes -- Retailers will continue to charge state sales tax of 2.9 percent on all retail sales of cigarettes.
Extends Colorado Job Growth Incentive Income Tax Credit -- FYI Income 66
Income Tax Refund Deposit to CollegeInvest (see 104 form, Refund area)