by Kashmann Financial | Dec 11, 2025 | Tax Tips and News
1. State Income Tax RateFor tax year 2025, Colorado continues to maintain a flat individual and corporate income tax rate of 4.40%. There are no scheduled changes to this rate for the year. However, a temporary reduction to 4.36% is projected for tax year 2027,...
by Kashmann Financial | Dec 11, 2025 | Tax Tips and News
1. Standard Deduction (2025)For 2025, the inflation-adjusted standard deduction amounts are: Married Filing Jointly/Qualifying Surviving Spouse: $30,000 Single or Married Filing Separately: $15,000 Head of Household: $22,500 These amounts reflect an increase from...