Colorado

Jun 18, 2010 1:56 PM by Greg Boyce

Tax refund delays puzzle Revenue Department

Some Colorado residents are reporting longer delays in getting tax refunds and it's not clear why. The Department of Revenue can't say much about what's happening
because it's only allowed to discuss tax returns with the taxpayers who filed them or their attorneys.

The department says that 96 percent of the 1.5 million Coloradans owed a return got one in the 45 days required by law, down from 99.9 percent last year.  Spokesman Mark Couch says the cash-strapped state isn't trying to hold onto the money. The state has to pay penalties and interests on late refunds.

The Colorado Society of Certified Public Accountants says it's has gotten more from members experiencing problems but that the state has been helpful in resolving the problems.

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