Simple Living Works!

Simpler Living Weekly Nudge

Posted on: December 22, 2018

Remembering the Holy Innocents

 

12/22/18

In This Issue:

45th Anniversary: Non-Sentimental Journey // Consumer Christmas Counter-Offensive: “WHOSE Birthday?” Podcast, parts 1-4 // Will the New Tax Laws Affect Our Charitable Giving? // Much More!

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45th Anniversary: Non-Sentimental Journey

2018 was the 45th year of Alternatives’ service. We celebrated in modest ways, such as the 100th episode of Simple Living Works! Podcast. Of special interest is episode #3, The Saga of Simply Enough. For more about the 45th, read the annual report.

In the process of getting copies of our resources to the ELCA Archives for safekeeping, we found some historic photos, which I uploaded to the SLW! site in our Short History. Of special curiosity might be A/V stories done by others about Alternatives, the hymn written upon my retirement, and moving the Earth Dome (called 2003: A Dome Odyssey – don’t miss the closing credits).

For a brief summary of how Alternatives closed in 2011, before being revived as Simple Living Works!, read “What’s Happened to Simple Living” or listen to SLW! Podcast episode #1.

You don’t need to to send cards or money, though we’re glad to hear from you!

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Check out these thought-provoking, timely resources.

A Poem for Holy Innocents Day, Dec. 28

Remembering the Holy Innocents

The Holy Family escaped the slaughter by their Flight into Egypt, a good time for us to think and talk about immigrants and welcoming the stranger.

New Years

Legacy Blog: Having an Epiphany for New Years

Consumer Christmas Counter-Offensive

What Others Are Doing – So Much Help! – Latest Posts

I gladly pass along links from simple living bloggers, podcasters, coaches and others. Some faith-based, some not. You needn’t read them all. Choose just FIVE links to investigate. COMPLETE LIST (Monthly Digest). For links to earlier entries, check the previous SLW! Weekly Digests or Monthly Digests.

What’s Happened

Will the New Tax Laws Affect Our Charitable Giving?

On the recent annual #GivingTuesday (11/27/18) we were urged to support non-profit organizations. It’s a real relief from the hyper-consumerism of Black Friday and Cyber Monday.

Now some of us are planning our year-end giving. How much can we afford to give away while we look Christmas in the face?

I normally give away as much as possible AND itemize deductions on my Income Tax returns, not only to be helpful but also to get above the standard deduction. This way I can keep my share of taxes from supporting the war machine and force-feeding the military.

The Republican Tax Scam of 2018 has thrown ordinary citizens a bone by doubling the standard deduction (in contrast to the monumental tax deductions for the wealthy and corporations!). This ploy could have a serious negative effect on charitable organizations—now we can get the deduction without giving the money away. (Yes, the deduction also includes property taxes, state income taxes and medical expenses.)

My plan is to double my giving one year and reduce it the next. That way I get the benefit of the higher standard deduction in “lean “ years and go above it in “fat” years. Likewise, we’ll give to progressive political causes  and candidates (which are not tax deductible) in even-numbered/election years (2018, 2020), to help balance the doubling of charitable donations in odd-numbered years (2019). 

This plan is called “bunching.”  It won’t work for everybody. I am not giving tax advice. I urge you to talk to a tax professional. In the meanwhile, here’s an article that may help: “Bunching Charitable Donations Could Help You Save onTaxes This Year—https://www.cnbc.com/2018/01/04/bunching-charitable-donations-could-help-you-save-on-taxes-this-year.html

We can live our consciences and still keep the system from negating our generosity.

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Podcast Reminder

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Peace, Gerald “Jerry” Iversen, Chief SLW! Activist

Copyright: Creative Commons non-commercial attribution share-alike license.

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