Charitable Trusts. Legal news and articles for January 30 - 31, 2012

Why Americans Love the NFL and Hate Their PoliticiansA Tax Reform Proposal That Might Work: Bring On The VATThe "Dirty Dozen" tax scams; keep your money and information safePotsdam police chief stepping downCarissa Giebel column: Think of giving in estate planningVoting reform: A progressive voting schemeReality checkFeds need to start thinking like hackersOn the Move: Rick Barnett, Scotty Morris, Luke Newell and moreTaxpayers Channel Inner Romney by Using Donor-Advised Funds to Gift StocksRomney's tithing common among Mormons, but for other religious groups giving ...Interview: Lord HodgsonIowa Star, Aurora award finalists are announcedDaniel B. Fitzgerald Honored for Making a Difference in 2011Taxpayers Channel Romney Using Donor-Advised Funds to Gift Stock

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Feds back down on some tax changes for sports groups after outcry
Winnipeg Free PressJanuary 4, 2012

It's part of an overall crackdown on the charitable sector aimed at preventing abuse of the tax system, which has included a series of audits that's resulted in several sporting groups losing their ability to give tax receipts for donations. ...more »

Chapel Hill Estate Planning Lawyer Will Present Teleconference on IRA Trusts
PR Web (press release)January 12, 2012

Chapel Hill estate planning lawyer Gregory Herman-Giddens will provide a comprehensive overview of popular IRA trusts in a National Business Institute (NBI) teleconference seminar later this month. Attorneys who are looking to increase their knowledge ...more »

Charitable Trusts. News and Stories

Why Americans Love the NFL and Hate Their Politicians
The Fiscal TimesJanuary 31, 2012

The America where anyone can get ahead by working hard is increasingly elusive—people actually move up or down the income ladder far less often than in most other rich countries, according to a 2007 Pew Charitable Trusts report.more »

A Tax Reform Proposal That Might Work: Bring On The VAT
ForbesJanuary 31, 2012

A well-designed Value-Added Tax could simplify the tax code for most households and finance significant reductions in corporate and individual income tax rates without adding to the budget deficit. And it could be a key piece of a revenue system that ...more »

The "Dirty Dozen" tax scams; keep your money and information safe
San Diego Entertainer MagazineJanuary 31, 2012

That email could send you to a bogus website that might cause harm to your computer, said Janna Kiehl, Better Business Bureau. Taxpayers involved in any tax scam are liable for actual tax due and statutory interest. But, just to be on the safe side ...more »

Potsdam police chief stepping down
North Country Public RadioJanuary 31, 2012

1Tischler1, :22 You know after 24 years in law enforcement, over 21 in the Village of Potsdam, other career opportunities I was interested in pursuing after I retired arose, and I felt this was a good opportunity for me to step down and pursue those ...more »

Carissa Giebel column: Think of giving in estate planning
Green Bay Press GazetteJanuary 31, 2012

Charitable giving can change lives. It can have an even greater impact when it's done strategically. Donors have the options of giving during lifetime, after death, or some of both. Donors often wonder what to give. While some assets provide a greater ...more »

Voting reform: A progressive voting scheme
Beaufort ObserverJanuary 31, 2012

It is their lot in life to support government programs that stand for everything that they abhor - programs that dumb down society, remove personal responsibility, lead to increasing levels of crime and decay, result in moral depravity, and yes, ...more »

Reality check
Chicago Tribune (blog)January 31, 2012

By what logic does tithing negate a gift as charitable? Certainly there is no legal distinction. It's nobody's business why somebody gives to a cause; many people feel obligated to give a certain amount to their churches or other causes.more »

Feds need to start thinking like hackers
NextgovJanuary 30, 2012

The motives for pilfering private data vary: The intruders do it for government secrets, social justice, street cred--even rent money. For some hacktivists "it's kind of extortion," says Chris K. Ridder, a San Francisco-based privacy and Internet law...more »

On the Move: Rick Barnett, Scotty Morris, Luke Newell and more
The Birmingham News - al.com (blog)January 30, 2012

They are: Joseph S. Bluestein, employee benefits (ERISA) law; Timothy A. Bush, nonprofit/charities law; John H. Cooper, corporate law; Shirley M. Justice, who leads the law firm's Mobile office, trusts and estates; Ronald A. Levitt, tax law; ...more »

Taxpayers Channel Inner Romney by Using Donor-Advised Funds to Gift Stocks
BloombergJanuary 30, 2012

Donor-advised funds generally don't have a mandatory distribution requirement under current law, according to the Treasury Department study. Private foundations generally do have more investment flexibility than donor-advised funds, Libbey said.more »

Romney's tithing common among Mormons, but for other religious groups giving ...
Kansas City StarJanuary 30, 2012

Over the past decade, Romney and his wife have given more than $4.7 million to the church through the Tyler Charitable Foundation, a trust the couple oversees. The former Massachusetts governor talked about tithing last weekend on "Fox News Sunday.more »

Interview: Lord Hodgson
Third SectorJanuary 30, 2012

By Kaye Wiggins, Third Sector, 30 January 2012 Lord Hodgson of Astley Abbotts, the jovial and outspoken Conservative peer, has softened his tone since being appointed by the government to carry out a wide-ranging review of the Charities Act 2006.more »

Iowa Star, Aurora award finalists are announced
DesMoinesRegister.comJanuary 30, 2012

He gives millions of dollars each year to numerous charities. MARY O'KEEFE of Cumming, senior vice president and chief marketing officer of the Principal Financial Group. Achievements: O'Keefe has been instrumental in the continued progress of the ...more »

Daniel B. Fitzgerald Honored for Making a Difference in 2011
PR Web (press release)January 30, 2012

The law firm of Brody Wilkinson PC is pleased to announce that Daniel B. Fitzgerald was recognized in 2011 by the Connecticut Law Tribune in its annual “Dozen Who Made A Difference” news feature for his work in the area of Sports Law.more »

Taxpayers Channel Romney Using Donor-Advised Funds to Gift Stock
BusinessWeekJanuary 30, 2012

Donor-advised funds generally don't have a mandatory distribution requirement under current law, according to the Treasury Department study. Private foundations generally do have more investment flexibility than donor-advised funds, Libbey said.more »

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