Oct 11, 2019
Unfortunately, Proposition CC failed with 46% support, 54% opposition.
Voting Yes on Proposition CC means Colorado can devote more resources, without raising tax rates, to:
Sep 27, 2019
The U.S. Department of Labor (DOL) announced its Final Overtime Rule on September 24.
Effective January 1, 2020, the minimum annual salary for an exempt employee will be $35,568 (or $684 per week).
Sep 4, 2019
Sep 3, 2019
In late October, an interim legislative committee will propose legislation to change numerous tax policies, including some affecting nonprofits and the people they serve.
Jun 27, 2019
In 2018, the Secretary of Commerce proposed a mandatory question to ask respondents about their citizenship on the 2020 Census. The stated goal of including the question was to collect data on immigration status to...
Jun 20, 2019
The federal Department of Treasury and Internal Revenue Service (IRS) released a final rule on June 13, 2019 regarding federal tax treatment of charitable giving when donations also generate state and local tax credits...
Jun 13, 2019
Even though Colorado law allows charitable nonprofits to be exempt from state-collected sales taxes on items they buy, nonprofits must collect these sales taxes on most goods and services they sell.
May 3, 2019
We track state bills affecting our nonprofit community. These bills include, but are not limited to:
Apr 8, 2019
The Colorado General Assembly is considering legislation to re-define how sales taxes are collected and remitted by businesses and nonprofit organizations. If HB 19-1240 passes, then in-state and out-of state businesses...
Mar 4, 2019
The Tax Cuts and Jobs Act of 2017 (TCJA) includes new provisions that directly impact nonprofits and other tax-exempt organizations. Although nonprofits are mostly exempt from federal income taxation, a few new...