+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.
+"The big change this year, is that people who are using the standard deduction on their state income taxes can also get a tax benefit for the money they donate to local nonprofits," said Kate Jensen, the CEO of the Ronald McDonald House Charities...
+Rick Cohen, chief operating officer for the National Council of Nonprofits in Washington, D.C., said there are a couple of things in play here.
