If you are one of those people who procrastinate about filing their taxes, you might be interested in a way to make paying your taxes less unpleasant. Checkoff Colorado is a simple way for Colorado taxpayers to help communities around the state by checking off a donation to a diverse list of worthy causes.
Last year, the program raised more than $1.5 million for Colorado nonprofits, and more than $45 million has been raised since Colorado became the first state in the country with a tax checkoff program in 1977.
The problem is that only a small percentage of taxpayers are aware of this option. That is why the charitable funds in the program join forces each year on a statewide public-awareness campaign to educate taxpayers and tax preparers about this simple way to give.
This year, seven nonprofit organizations are participating in the campaign and are included on the 2016 Colorado 104 individual income-tax form.
“What makes check-off giving so special is how easy it is to help worthy local charities,” said Jon Pushkin, spokesman for Checkoff Colorado. “Even a $10 donation can make a huge impact, and every dollar donated stays in Colorado to support the critical services and programs these nonprofits provide.”
In a survey commissioned by Checkoff Colorado, participants said one of the most important factors in their charitable decisions is knowing that they are giving to credible organizations.
“Taxpayers can be sure that each fund went through a vigorous review process by the Colorado State Legislature,” Pushkin said. “To become a part of the checkoff program, each fund must demonstrate that it provides an important service to communities across the state.”
Checkoff Colorado was initiated in 2003 when the charitable organizations eligible for voluntary donations in Colorado decided to take the step of banding together. In 1977, Colorado became the first state in the country to allow a taxpayer to checkoff, a voluntary contribution to a charitable program from their state income-tax return. Today, nearly every state has a tax checkoff program.
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