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LOTTO: Surprised winner with $500,000 Bonus Draw check
Commerce City special ed teacher is going on vacation and planning an early retirement!
Stacy M. of Commerce City won $500,000 in the Set for Life Bonus Draw! Stacy, who is a special education teacher, found out she won when three Colorado Lottery employees showed up at her front door with her big check! She initially though it must be a joke, but ended up pleasantly surprised to find out it was very real. Stacy says she plans to use her winnings to “invest, save, vacation, and hopefully retire a little early.”
Congratulations, Stacy!
DMV: Bringing comfort in crisis with teddy bear donation drive
The DMV collected 217 new stuffed animals throughout August in support of the 6th annual KOSI 101.1 Teddy Bear Patrol donation drive.
The Teddy Bear Patrol drive provides new stuffed animals for first responders or emergency teams across the state to comfort children involved in traumatic events such as automobile wrecks or housefires.
The DMV believes a small act of kindness and comfort can go a long way in helping children during a time of need.
“I am so proud of the response we received from DMV team members to help children facing traumatic situations,” DMV Senior Director Electra Bustle said. “Thanks to these efforts, children in our communities can get some much-needed comfort during a scary and stressful time.”
The DMV encouraged team members to participate as a community service project and saw an outpouring of support from offices around the state.
TAX: SALT Parity Act Election allows partnerships and S corporations to make an annual election
The SALT Parity Act (SB 22-124) allows partnerships and S corporations to make an annual election that will be subject to Colorado income tax at the entity level. The election made by the partnerships or S corporation is irrevocable and binding on all of its partners or shareholders, except the election does not apply to any partner that is a unitary C corporation with an electing partnership.
The process for making the election differs depending on the tax year.
Please check our website regularly for the most recent SALT Parity Act Information.