Tuthill & Hughes, LLP

Recently-issued proposed regulations are good news for private foundations contemplating making program-related investments. Please take a look at the Tuthill & Hughes LLP Client Alert for more details.

We have new digs!  As of February 20, 2012, Tuthill & Hughes LLP will be located at 55 Madison Street, Suite 555, Denver, CO 80206.

The IRS has released Pub. 892, which describes how a tax-exempt organization can appeal the loss of its tax-exempt status. View IRS Pub. 892 here.

In December, the Treasury Department released a report to Congress on how supporting organizations and donor advised funds distribute funds.  Based on IRS data from 2006, the report highlights the fact that supporting organizations and donor advised funds play an important role in the charitable sector.

Tuthill & Hughes LLP was a Bonus Bucks sponsor for Colorado Gives Day 2011.  On Colorado Gives Day, Bonus Bucks in the amount of $1,000 were awarded at least once per hour to a randomly chosen donor.  The nonprofit associated with that donation received an additional $1,000!  The nonprofit in receipt of the Tuthill & [...]

Colorado Gives Day is an intiative to increase philanthropy in Colorado through online giving.  Presented by Community First Foundation and FirstBank, this special day will take place during a 24-hour period starting at 12 a.m. on Tuesday, December 6, 2011.  Donate through the website GivingFirst.org and help meet the goal of raising money for Colorado [...]

U.S. News – Best Lawyers has recognized Tuthill & Hughes LLP in the areas of Trusts & Estates Law and Nonprofit/Charities Law.  The firm received a Tier 1 ranking in Trusts & Estates Law and Tier 2 ranking in Nonprofit-Charities Law.  The “Best Law Firms” rankings are based on a rigorous evaluation process that includes the collection of [...]

The Internal Revenue Service has announced that the applicable federal rate for family wealth transfer transactions for October 2011 will be 1.4%.  This new rate is a decrease of 0.6% from September’s rate and is the lowest rate since the applicable federal rate was created in 1952.  The October 2011 rate makes rate-dependent wealth transfer [...]

Many Colorado companies, including our own, have received solicitations from Corporate Controllers Unit with regard to the filing of their periodic reports.  The solicitation (which looks official) offers to assist the owners of Colorado legal entities with filing their annual updates with the Colorado Secretary of State’s office for an annual fee of $225.  The solicitations are not coming directly from [...]

UBS Financial Services Inc.’s latest issue of Private Wealth Management Trust & Estate Insights focuses on how to take advantage of the increased gift tax exemption.  View Article.