Friday, August 12, 2016
Tuesday, August 09, 2016
Saturday, August 06, 2016
Thursday, August 04, 2016
Tuesday Tax Tidbit: Should You Make a "Charitable IRA Rollover" in 2016? | Weaver | Assurance - Tax - Advisory
Tuesday Tax Tidbit: Should You Make a "Charitable IRA Rollover" in 2016? | Weaver | Assurance - Tax - Advisory: Should You Make a "Charitable IRA Rollover" in 2016?
Last year a break valued by many charitably inclined retirees was
made permanent: the charitable IRA rollover. If you’re age 70½ or older,
you can make direct contributions — up to $100,000 annually — from your
IRA to qualified charitable organizations without owing any income tax
on the distributions.
Satisfy your RMD
A charitable IRA rollover can be used to satisfy required minimum
distributions (RMDs). You must begin to take annual RMDs from your
traditional IRAs in the year in which you reach age 70½. If you don’t
comply, you can owe a penalty equal to 50% of the amount you should have
withdrawn but didn’t. (An RMD deferral is allowed for the initial year,
but you’ll have to take two RMDs the next year.)
So if you don’t need the RMD for your living expenses, a charitable
IRA rollover can be a great way to comply with the RMD requirement
without triggering the tax liability that would occur if the RMD were
paid out to you.
Additional benefits
You might be able to achieve a similar tax result from taking the RMD
payout and then contributing that amount to charity. But it’s more
complex because you must report the RMD as income and then take an
itemized deduction for the donation. This has two more possible
downsides:
Have questions about charitable IRA rollovers or other giving strategies? Please contact us. We can help you create a giving plan that will meet your charitable goals and maximize your tax savings.
Last year a break valued by many charitably inclined retirees was
made permanent: the charitable IRA rollover. If you’re age 70½ or older,
you can make direct contributions — up to $100,000 annually — from your
IRA to qualified charitable organizations without owing any income tax
on the distributions.
Satisfy your RMD
A charitable IRA rollover can be used to satisfy required minimum
distributions (RMDs). You must begin to take annual RMDs from your
traditional IRAs in the year in which you reach age 70½. If you don’t
comply, you can owe a penalty equal to 50% of the amount you should have
withdrawn but didn’t. (An RMD deferral is allowed for the initial year,
but you’ll have to take two RMDs the next year.)
So if you don’t need the RMD for your living expenses, a charitable
IRA rollover can be a great way to comply with the RMD requirement
without triggering the tax liability that would occur if the RMD were
paid out to you.
Additional benefits
You might be able to achieve a similar tax result from taking the RMD
payout and then contributing that amount to charity. But it’s more
complex because you must report the RMD as income and then take an
itemized deduction for the donation. This has two more possible
downsides:
- The reported RMD income might increase your income to the point that
you’re pushed into a higher tax bracket, certain additional taxes are
triggered and/or the benefits of certain tax breaks are reduced or
eliminated. It could even cause Social Security payments to become
taxable or increase income-based Medicare premiums and prescription drug
charges. - If your donation would equal a large portion of your income for the
year, your deduction might be reduced due to the percentage-of-income
limit. You generally can’t deduct cash donations that exceed 50% of your
adjusted gross income for the year. (Lower limits apply to donations of
long-term appreciated securities or made to private foundations.) You
can carry forward the excess up to five years, but if you make large
donations every year, that won’t help you.
Have questions about charitable IRA rollovers or other giving strategies? Please contact us. We can help you create a giving plan that will meet your charitable goals and maximize your tax savings.
Wednesday, August 03, 2016
Tuesday, August 02, 2016
Monday, August 01, 2016
Sunday, July 31, 2016
(97) Mark Wingfield
(97) Mark Wingfield
think about this: Mark, I suspect that you are trying to be a positive influence of the racial divide in the US. However, I believe that to say that White Christian ministers should support Black LIves Matter is delusional. Furthermore, to support the movement of Black Lives Matter is to support a hate movement. So that you understand, slavery is detestable from its origin and the North Atlantic Slave Trade was shameful for the African tribal kings that captured other Africans, the Muslim traders that bought and sold them to the North Atlantic Slave Trade trafficker and finally the slave owners was a pathetic economic system. However, it did not originate with North America but it ended for North America by those that knew it was wrong. And of course there has been a continuation of conflict perpetuated from both blacks and whites. However, since the Civil Rights Act of 1964, there has been a even playing field except many black parents, pastors, and mentors have nurtured black children to believe they are victims. Probably before you were an adolescent, as a minister in Brunswick, Georgia, I attended black churches that preached vicitimology like The Reverend Wright. They did not preach forgiveness of a millennium ago, but they preached hate. And a large part of the black community including Obama and his wife have stoked the flames of racial animosity. Read his books. He hates white folks as many of this race hate white folks. Your call for White Ministers to support Black Lives Matter is to pour fuel on the fire of racism. All lives matter of folks that follow the rules. You sound like many of those folks that came to judgement about tragic losses of life before the facts were in. Most of us resent authority. However, when confronted by a cop, obey. Yes, there are rare instances when a bad cop kills. However, remember that the Black Lives Moment has no concern about the many blacks killed by blacks. For 20 years I have been in the criminal community. You have been in a sheltered environment of nice people. You do not know shit from Shinola.
think about this: Mark, I suspect that you are trying to be a positive influence of the racial divide in the US. However, I believe that to say that White Christian ministers should support Black LIves Matter is delusional. Furthermore, to support the movement of Black Lives Matter is to support a hate movement. So that you understand, slavery is detestable from its origin and the North Atlantic Slave Trade was shameful for the African tribal kings that captured other Africans, the Muslim traders that bought and sold them to the North Atlantic Slave Trade trafficker and finally the slave owners was a pathetic economic system. However, it did not originate with North America but it ended for North America by those that knew it was wrong. And of course there has been a continuation of conflict perpetuated from both blacks and whites. However, since the Civil Rights Act of 1964, there has been a even playing field except many black parents, pastors, and mentors have nurtured black children to believe they are victims. Probably before you were an adolescent, as a minister in Brunswick, Georgia, I attended black churches that preached vicitimology like The Reverend Wright. They did not preach forgiveness of a millennium ago, but they preached hate. And a large part of the black community including Obama and his wife have stoked the flames of racial animosity. Read his books. He hates white folks as many of this race hate white folks. Your call for White Ministers to support Black Lives Matter is to pour fuel on the fire of racism. All lives matter of folks that follow the rules. You sound like many of those folks that came to judgement about tragic losses of life before the facts were in. Most of us resent authority. However, when confronted by a cop, obey. Yes, there are rare instances when a bad cop kills. However, remember that the Black Lives Moment has no concern about the many blacks killed by blacks. For 20 years I have been in the criminal community. You have been in a sheltered environment of nice people. You do not know shit from Shinola.
Thursday, July 28, 2016
Monday, July 25, 2016
Sunday, July 24, 2016
Curmudgeonly & Skeptical presents Boned Jello
Curmudgeonly & Skeptical presents Boned Jello:
Religious Shit
Catholicism:
Shit happens because you're bad.
Protestantism:
Shit happens because you don't work hard enough.
Taoism:
Shit happens.
Buddhism:
If shit happens, it's not really shit.
Islam:
If shit happens, it's the will of Allah.
Judaism:
Why does this shit always happen to us?
Hinduism:
This shit happened before.
Hare Krishna:
Shit happens rama rama.
T.V. Evangelism:
Send more shit.
Jehova's Witness:
Knock knock, shit happens.
Hedonism:
There's nothing like a good shit happening.
Christian Science:
Shit happens in your mind.
Agnosticism:
Maybe shit happens, maybe it doesn't.
Rastafarianism:
Let's smoke this shit.
Existentialism:
What is shit anyway?
Stoicism:
This shit doesn't bother me.
No shit.
If there was no God there would be no athiests
Religious Shit
Catholicism:
Shit happens because you're bad.
Protestantism:
Shit happens because you don't work hard enough.
Taoism:
Shit happens.
Buddhism:
If shit happens, it's not really shit.
Islam:
If shit happens, it's the will of Allah.
Judaism:
Why does this shit always happen to us?
Hinduism:
This shit happened before.
Hare Krishna:
Shit happens rama rama.
T.V. Evangelism:
Send more shit.
Jehova's Witness:
Knock knock, shit happens.
Hedonism:
There's nothing like a good shit happening.
Christian Science:
Shit happens in your mind.
Agnosticism:
Maybe shit happens, maybe it doesn't.
Rastafarianism:
Let's smoke this shit.
Existentialism:
What is shit anyway?
Stoicism:
This shit doesn't bother me.
No shit.
If there was no God there would be no athiests
(95) Joe Rose Pet story
(95) Joe Rose
Lori Renee Fye
An old cowboy was riding his trusty horse followed by his faithful dog along an unfamiliar road. The cowboy was enjoying the new scenery, when he suddenly remembered dying, and realized the dog beside him had been dead for years, as had his horse. Confused, he wondered what was happening, and where the trail was leading them.
After a while, they came to a high, white stone wall that looked like fine marble. At the top of a long hill, it was broken by a tall arch topped by a golden letter "H" that glowed in the sunlight. Standing before it, he saw a magnificent gate in the arch that looked like mother-of-pearl, and the street that led to the gate looked like gold.
He rode toward the gate, and as he got closer, he saw a man at a desk to one side. Parched and tired out by his journey, he called out:
'Excuse me, where are we?'
'This is Heaven, sir,' the man answered.
'Wow! Would you happen to have some water?' the man asked.
'Of course, sir. Come right in, and I'll have some ice water brought right up.'
As the gate began to open, the cowboy asked 'Can I bring my partners, too?'
'I'm sorry, sir, but we don't accept pets.'
The cowboy thought for a moment, then turned back to the road and continued riding, his dog trotting by his side.
After another long ride, at the top of another hill, he came to a dirt road leading through a ranch gate that looked as if it had never been closed. As he approached the gate, he saw a man inside, leaning against a tree and reading a book.
'Excuse me,' he called to the man. 'Do you have any water?'
'Sure, there's a pump right over there. Help yourself.'
'How about my friends here?' The traveler gestured to the dog and his horse.
'Of course! They look thirsty, too,' said the man.
The trio went through the gate, and sure enough, there was an old-fashioned hand pump with buckets beside it. The traveler filled a cup and the buckets with wonderfully cool water and took a long drink, as did his horse and dog.
When they were full, he walked back to the man who was still standing by the tree.
'What do you call this place?' the traveler asked.
'This is Heaven,' he answered.
'That's confusing,' the traveler said. 'The man down the road said that was Heaven, too.'
'Oh, you mean the place with the glitzy, gold street and fake pearly gates? That's hell.'
'Doesn't it make you angry when they use your name like that?'
'Not at all. Actually, we're happy they screen out the folks who would leave their best friends behind ...'
(~~author unknown~~)
--------------------------------
Sometimes, we wonder why friends forward things to us without writing a word. Maybe this explains it:
--------------------------------
Sometimes, we wonder why friends forward things to us without writing a word. Maybe this explains it:
When you're busy, but still want to keep in touch, you can forward emails.
When you have nothing to say, but still want to keep in contact, you can forward jokes.
When you have something to say, but don't know exactly how, you can forward stuff.
A 'forward' lets you know you're still remembered, still important, still cared about. So the next time you get a 'forward,' don't think of it as just another joke. Realize you've been thought of today and your friend on the other end just wanted to send you a smile.
P.S. - You're welcome at my watering hole anytime. Life is short ... forgive quickly, love truly, laugh uncontrollably ... and never regret anything that made you smile.
On Tattoos, Facial Piercings, and Helmets @ AMERICAN DIGEST
On Tattoos, Facial Piercings, and Helmets @ AMERICAN DIGEST
What do tats and piercings on a woman really mean?
What do tats and piercings on a woman really mean?
Most
of them are functional. The majority would fall under the umbrella of
bi-polar. But bi-polar is different for different individuals, sometimes
very different. Serious symptoms usually become apparent at puberty but
often are masked and difficult to identify.
Typical situation is while everything is going well the individual is
fine but when things aren't going well... watch out. Usually this is
discovered after you marry them and usually it isn't pretty. One major
confounding factor with bi-polar is the mentally ill person thinks that
they are normal and YOU are crazy. Everything that happens including
everything they do is YOUR fault.
If you
suddenly discover that your spouse is crazy there is only one safe
choice to make: Apologize for whatever you did (or they think you did),
promise to buy them something expensive and awesome, kiss ass and play
nice... and rent a storage unit, move your shit out when they are gone
one day and leave. If you fail to take this advise you will most likely
one day be sitting in the back of a police cruiser in cuffs charged with
domestic violence and mot likely you will not even have committed any
violence.
They will harm themselves, tear their
clothes, hit you and deny it, etc. When you get to court your spouse
will appear sympathetic, be crying, will have bruises. or pictures of
bruises, a good story and will cry on the stand. If you dare look up
during this entire case expect the judge, jury, prosecutor and even your
own attorney to be looking at you like you are shit.
You
will go to jail. She will sell or throw away all your stuff. You will
lose your license to drive, your job, your dignity and good name, and
you will get to pay alimony, child support, fees for classes and
shrinks, etc. Good luck. I told you how to avoid it but you didn't
listen.
There is the chance of schadenfreude
however. She will remarry (or more likely shack up so you have to keep
paying alimony). And the guy who sleeps in your bed and plumbs your ex's
depths will be all shitty to you when you try to see your kids. But his
day will come. Sit back, wait, the shit storm will strike again.... Posted by: GoneWithTheWind
(2539 unread) - jdr1228 - Yahoo Mail
(2539 unread) - jdr1228 - Yahoo Mail: TOO GOOD NOT TO SHARE
And Then:
Earl and Bubba are quietly sitting in a boat fishing,
chewing tobacco and drinking beer when suddenly
Bubba says, "Think I'm gonna divorce the wife - she
ain't spoke to me in over 2 months."
Earl spits overboard, takes a long, slow sip of beer and says, "Better think it over...women like that are hard to find."
And Then:
Earl and Bubba are quietly sitting in a boat fishing,
chewing tobacco and drinking beer when suddenly
Bubba says, "Think I'm gonna divorce the wife - she
ain't spoke to me in over 2 months."
Earl spits overboard, takes a long, slow sip of beer and says, "Better think it over...women like that are hard to find."
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