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The Newsroom

Colorado Announces 6-Month Moratorium for Online Sales Tax Changes

Last week, the Colorado Department of Revenue issued the following statement as an outcome to their November 30th rule making hearing. The hearing was about the Emergency Rules announced in September to implement the US Supreme Court's decision in the South Dakota v Wayfair court case. Here is the full statement from Mike Hartman, Executive Director of CDOR:

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Year-End Donations - More Bang for Your Buck!

As we approach the end of the year, we hear more questions about last minute tax-saving ideas. One way to possibly save taxes and benefit the community is by making donations to charitable organizations such as your church, colleges and most social agencies.
 
In Colorado, donations to certain designated organizations qualify for significant income tax credits. These credits can be used to offset Colorado income taxes dollar-for-dollar.

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