Guest column: GOP tax bills harm charities, donors, society

first_imgRELATED: House Republicans consider adding some state income tax deductions to overhaul billAs widely reported in the press, the proposed tax “reforms” would essentially double the standard deduction thereby eliminating individual deductions by the vast majority of individuals, particularly including charitable donations.This will profoundly impact all nonprofits in the U.S. likely resulting in loss of billions of dollars of critical funding.This will threaten the survival of many fragile nonprofits and damage the safety net which is largely made up of nonprofits, particularly given government’s devolution of services to local communities.My interests here are first, as father of a permanently disabled daughter named Jennifer, and also as member of the Eastern New York Developmental Disabilities Advocates (ENYDDA). ENYDDA is an independent, all-volunteer organization founded in 2015 to advocate for disabled family members and educate the public on matters pertaining to the developmentally disabled. I am gravely concerned, along with many other parents, with the legislation’s impacts on all nonprofits, particularly including human service providers not only in this area but across the nation. While consulting with a tax professional is always recommended, donors can accelerate or expand their regular contributions or make major donations to the charity of their choice, in this tax year, before Dec. 31, 2017, before any changes in the tax law can take effect.Secondly, given the dramatic rise in the stock market, an opportunity to discuss with a tax advisor is to donate appreciated securities.This not only allows the deduction on the appreciated value but avoids or minimizes capital gains taxes which can be substantial.Such actions may make particular sense to maximize benefit to your favorite charity now– and lock in the tax savings before the next major stock market decline.While these steps can hardly compensate for the substantial damage to charities, donors and society the GOP legislation inflicts, they at least provide some incremental benefit to charities and donors alike, and in the process all communities which depend so heavily on the nonprofit sector and the services it so critically provides.Christopher Corbett is a nonprofit researcher and author of “Accountability and Ethics in Nonprofit Organizations” in the Global Encyclopedia of Public Administration, Public Policy and Governance (2017, Springer International). The views expressed are the author’s alone. More from The Daily Gazette:EDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Beware of voter intimidationEDITORIAL: Find a way to get family members into nursing homesFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Thruway tax unfair to working motorists Sure, the government and for-profit sectors are important. But it is the nonprofit sector that is largely responsible for America’s exceptionalism.That is, charities and nonprofits fill in many of the gaps and fulfill roles that neither government, nor for profits, are remotely capable of performing, particularly relating to critical health and human services.As noted by de Tocqueville, such institutions are responsible for our country’s most unique character.Under a substantially increased standard deduction, the vast majority of citizens will no longer be able to deduct charitable donations as they would not likely exceed the dramatically higher standard deduction.Yet nonprofit organizations are responsible for the very fabric of a civilized society and are an essential byproduct of our country’s longstanding freedom of association.Given the timing and partisan back-room dealing, there may be limited actions that can be taken at this point.However, there are steps donors can immediately take to reduce the risks of the new legislation.center_img Categories: Editorial, OpinionAfter reading Albert H. Hunt’s column in The Daily Gazette “Republicans’ haste leading to flawed tax legislation”, (Nov.  30, 2017), my reaction is the column substantially understates the damaging implications of this partisan legislation proposed under President Trump’s administration.The column fails to mention the great harm to charities and the whole nonprofit sector.last_img read more

2019 Nigeria Cup Donates to Charity

first_imgApart from the Charity initiative, the Committee will also be honouring founding father of the Nigeria Cup and those who nurtured the Cup at the its teething stage.Udoh who said he appreciates the support he has gotten members of the Club and corporate organisations. added that notable Nigerians like John Momoh, Tunde Afolabi, Layi Fatona and Soji Awogbade, would be honoured while late Tony Awa and Tunji Ogunkanmi would also be remembered for the contribution to Nigeria Cup at the early stage.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram As a way of giving back to the society, especially the less privileged one, the organisers of 2019 Nigeria Cup has decided to donate to charity and fund open heart surgery of a Nigerian as a part of the Committee’s Social ResponsibilityChairman, 2019 Nigeria Cup Organising Committee, Uwem Udoh, who disclosed this during the week explained that the gesture was in line with the Committee’s decision to give back to the society.“One of the things we decide to do this year is to give back to the society, be our brothers keeper and extend a hand of fellowship to those in need. A portion of money raise will be used for Charity works,” Udoh said.last_img read more

BIG: Priyanka Vadra says Congress will fight UP polls alone, asks SP-BSP if they’re scared

first_img General Secretary of the Indian National Congress (INC), Priyanka Gandhi Vadra hinted that the party might fight the 2022 state Assembly elections alone. She was speaking at the Congress Foundation Day celebrations in Lucknow.READ: Priyanka Gandhi Attacks Yogi Govt Over Death Of Child In UP Due To ‘malnutrition’Vadra said, “We have taken a small step. Without your support and belief, this task cannot be completed. I request all of you to work hard and be associated with us. You might have noticed that other parties in Uttar Pradesh are not staying much, whether it is out of fear or not, I don’t know, but I will repeat myself and say that we will keep on raising our voices, even if we have to walk alone. We are not afraid. We have to prepare to fight the next Assembly elections alone and for that, we need a lot of strength. We need everyone on the stage to work hard and show support so that the voice of the Congress party is raised so that the voice of the people and the voice of Uttar Pradesh is raised.” READ: ‘Understand The Chronology’: Priyanka Takes Dig At Amit Shah Over NRC RemarksShe went on to say that the State of the Uttar Pradesh is not what it should have been like and there is no law and order. Nothing has been done to improve women’s safety and a lady cannot walk out on the street out of fear.She also said that Uttar Pradesh should not be in the dire state that it currently is in. It should have been a symbol and an example of inspirations, growth, prosperity, inclusivity for the entire country. However, she added, that it is not the case and the Congress party will fight to make it better. Gandhi said that if her party is not in power, they will work towards the prosperity of the people. WATCH: Rahul Gandhi, Priyanka Vadra Blocked From Entering Meerut By Uttar Pradesh PoliceWATCH: Rahul Gandhi Doubles Down On Claims Of NRC, CAA Being A ‘tax On The Poor’ Video Player is loading.Play VideoPlayMuteCurrent Time 0:00Loaded: 0%Duration 0:00Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio TrackQuality LevelsFullscreenThis is a modal window. This video is restricted from playing on your current domain Error Code: PLAYER_ERR_DOMAIN_RESTRICTED FOLLOW US WATCH US LIVE Last Updated: 28th December, 2019 15:27 IST BIG: Priyanka Vadra Says Congress Will Fight UP Polls Alone, Asks SP-BSP If They’re Scared The Congress leader was addressing a crowd in Lucknow on the occasion of Congress Foundation Day. She said that her party is not afraid. SUBSCRIBE TO US First Published: 28th December, 2019 15:27 ISTcenter_img LIVE TV Devarshi mankad COMMENT Session ID: 2020-09-09:14f4d3b38e46c74d69f713de Player Element ID: video_player_5f5820fccf369 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen Written Bylast_img read more

Charlotte Emery lands key digital role at William Hill

first_imgShare StumbleUpon William Hill has confirmed a new appointment to its digital leadership team, with Charlotte Emery becoming the firm’s Global Brand and Marketing Director.Emery, who has over 20 years’ experience in brand leadership, strategic planning and innovation, will be a key member of the senior leadership team, reporting into Ulrik Bengtsson.She joins William Hill from British American Tobacco (BAT) where she was brand director for Kent and had previously been brand director for the Lucky Strike and Vogue brands.Prior to BAT Charlotte also had extensive experience in the drinks industry where she was global director for strategy, planning and research before a spell in the food sector.Commenting on the appointment Ulrik Bengtsson, Chief Digital Officer at William Hill outlined: “Charlotte is a great addition to the team and her role is a key one as we continue to expand the international reach of the business.  Her extensive experience in regulated markets like tobacco and alcohol is beneficial and we look forward to her implementing our brand marketing strategy across the business.”Charlotte Emery, Global Brand and Marketing Director, added: “William Hill is a great business with great opportunities ahead of it and I’m looking forward to making my contribution to the long term growth plans the business has embarked on.”Yesterday the operator also confirmed the appointment of Phil Walker as its new UK & Ireland Online Managing Director. The two appointments comes as William Hill finalises its acquisition of MRG – the company behind the Mr Green brand. Share William Hill accelerates transformation agenda to overcome COVID realities August 5, 2020 SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 Related Articles Gamesys tops list for GambleAware Q1 donations July 10, 2020 Submitlast_img read more