+“People who have lost their jobs in the last few months understandably don’t have the resources to donate to charities like they had in the past,” says, Rick Cohen, chief communications officer for the National Council of Nonprofits.
+The charitable sector is still full of worries about the tax cut’s impact.
+Rick Cohen, chief operating officer of the National Council of Nonprofits, said charitable groups had been “hit from all angles”, with fundraisers cancelled and gifts drying up as unemployment leapt.
+Calls are building for an expanded charitable giving deduction, which mean individuals could claim the perk regardless of whether they itemize their taxes.
+Coloradans have a generous spirit. We want to contribute in our own way to causes and nonprofits that are important to us.
+But stakeholders in the nonprofit sector expressed concerns, saying that Treasury's data is in line with other studies that have shown that Trump's tax law had a negative effect on charitable giving.
+Of note is the provision that took the standard deduction for single filers from $6,500 to the current $12,200; for couples filing jointly the change went form $13,000 to $24,400 now.
+Tax season is around the corner, and Coloradans now have a new option on a state tax form that allows them to choose to donate their income tax refund to a charity of their choice.
+Once you’ve decided what you’re passionate about, think about what nonprofit organizations are working on those issues.
+A new WalletHub ranking looked at where the most generous Americas live– and you needed to look far down the list to find Nevada.
We’re 46th on the list.
