Tax season is coming to a close next week, and unless you’ve been procrastinating, chances are good you’ve already filed your 2013 tax return. If it won’t conjure up too many painful memories, take a moment to think about your experience this year. How would you describe it? Stressful? Tedious? Taxing? (Sorry, couldn’t resist the pun.)
We have checking accounts, savings accounts and retirement accounts, but what about accounts for our charitable giving? The Greater Kansas City Community Foundation | Greater Horizons can help you simplify and maximize your giving through a charitable giving account, also known as a donor-advised fund. Want to learn more? Take two minutes and check out our latest video, which explains how our charitable giving accounts work.
Whew! Finally cleared of all of the excitement and stress that comes with the winter holiday season (with the exception of the bad weather, of course), most of us are easing back into the regular flow of daily life while enjoying the fresh start of 2014. And, while the New Year is certainly a time for setting personal resolutions or aspiring to new professional goals, it also marks a unique moment for planning one’s giving efforts as yet another year of opportunity unfolds.
Here in Kansas City, we are bracing for what may be a nasty winter storm, or just an inch or so of snow, if the most recent forecasts turn out to be accurate. Either way, over the next few months, we’ll all be spending more time indoors, preferably in front of a fire, as we do our best to stay warm and dry.
Is anyone else out there wondering what happened to November? Those thirty days flew by for us, and thanks to this year's late Thanksgiving, December seems to be moving even faster. (I'm not sure I'll be finished with my leftover turkey before 2014. Think anyone would mind turkey hors d'oeuvres at my New Year's Eve party?)
Remember how simple it was to keep track of your money when you were a kid? All you needed was a piggy bank – a place to deposit your allowance, or, if your childhood was anything like mine, all the pennies, nickels, dimes and quarters you found under the couch cushions.
(Author’s note: I would have preferred to title this post, “Eight Tips for Deducting Charitable Contributions – and Why You Won’t Need Them if You have a Donor-Advised Fund” but that’s way too long for any respectable blog post, at least as far as this blogger is concerned.)
Today is March 15, the Ides of March. Unless you’re Julius Caesar, you don’t actually have to “beware the Ides of March,” but the date might be significant to those of us who now have just one month to file our taxes before the April 15 deadline.
We hope all our Kansas City friends and family are safe and warm after Winter Storm Q. (A cute name for such a bear of a storm, don’t you think?) The storm was a thunderous—yes, we heard thunder—reminder that mother nature can pack a serious punch, injuring people and property.