AARP published a useful Q&A as part of a series on tax-issue for those approaching retirement age. This particular article helps the reader identify which payments are classified as “Special Payments” under the current tax code and how they must be reported to the IRS. Here’s a definition of “Special Payments” from AARP: Special payments […]
Microdonation At Each Transaction?
Given the state of the world’s economy, charities have been struggling to keep up a steady flow of donations. Yet, much of the good work of those donations means the difference between survival or failure for millions of people caught in the economic fallout. The mega-donations in 2010 largely went to institutions that both were […]
End-Of-Year Giving And How It Might Change
Many of us give all through the year, which is to say, we are conscious of giving periodically to specific organizations or through special events. Nevertheless, the last week or two of December sees a great spike in giving. The motivation being a heady mix of holiday good will and thankfulness, as well as a […]
HAMP, or ‘Extend and Pretend,’ Continues To Hurt Troubled Mortgage Holders
We drew up a report about the Obama Administration’s ‘Home Affordable Modifications Program‘ (HAMP) in early August this year, in which we looked at news stories and even the government’s own figures that demonstrated the slow start, and middle stretch, the program was having. The program was meant to offer those who were behind on […]
Harsh Op-Ed On ‘Charitable Scrooges’
Debates about social media as catalyst, about political responses to economic crises, about open internets, about the care of our health… can help us sharpen our own positions and/or encourage us to take on ideas that we had avoided. This particular blog outlet tends to focus on the nexus of nonprofits, politics, and communications technologies, […]
Baltimore/Washington Area Expanding Multi-Use and Green Housing
The housing market remains in the doldrums and the legal ramifications of the market’s bubble and collapse remain in the news. Nevertheless, the Baltimore-Washington metro region has seen an ongoing commitment from lenders, investors, and construction firms within both the private and public sectors to expand green multi-family housing. Multi-Housing News Online (MHN) has recently […]
Obama Administration Cuts Tax On Small-Business Property Investments
Even as the dust continues to settle over this week’s midterm elections, the IRS has been reminding small- and medium-business owners that changes in the tax code could mean appreciable tax savings over the next few years. These saving are not part of the soon-to-expire Bush Administration tax cuts, whose continuance and in what form […]
The Foreclosure Crisis: The Same, But Different
The economic news relayed via our blog this week has not been much for confidence building, and we close the week with reports of a bleak twist in the ongoing foreclosure crisis. The news of the past couple of weeks has been that reporters and most of the fifty states’ attorneys general have been pursuing […]