Tag: Colorado Workers

By Jen Schumann | Rocky Mountain Voice A mother approached a federal official after a recent event with a simple observation. She said her daughter, who is working through nursing school, saved about $8,000 because of the no-tax-on-tips provision. “That’s three to four months of rent,” U.S. Small Business Administration Regional Administrator Justin Everett said, recalling the conversation. As Americans file their taxes, Everett is part of an effort to highlight what the administration is calling “Working Family Tax Cuts,” a set of federal tax changes aimed at reducing the burden on small businesses and workers. According to White House estimates Everett cited, Colorado families could see between $4,500 and $8,100 in tax savings, with take-home pay rising higher in some ...