

News & Insights
News & Insights
August 2025
Colorado Politics
Kelly Politte, a tax attorney at Hall Estill, Denver, who focuses primarily on federal and state tax matters, told Colorado Politics one of the biggest changes from H.R. 1 is to expand a research credit that corporations can take, which lowers their taxable income, and which then reduces Colorado’s taxable income.
The law also extends a child care tax credit on the individual side, and that, too, lowers the federal taxable income, as well as the Colorado taxable income, noted Politte, who specializes in IRS and state tax issues.