March 28, 2024
Funds

Mandatory withdrawals from retirement funds can be donated to charity tax free

COLORADO SPRINGS, Colo. — Nonprofits have seen a dip in donations this year as many are having trouble meeting their end of year quotas. Despite this, there is a way people can help while also receiving a tax break in the process. These nonprofits can benefit from what are called “required end-of-year distributions.” For example,

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Loans

Did June rain cause headaches? The deadline for SBA Disaster Loans is Tuesday

EL PASO COUNTY, Colo. — The United States Small Business Administration (SBA) has disaster loans available for property and business owners in Colorado following severe storms in June. The record rain that came in June of 2023 brought damages estimated to be in the millions. The El Paso County Commissioners filed an emergency disaster declaration

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