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ARSCLIST  December 2014

ARSCLIST December 2014

Subject:

Timing of Year End Tax Deductible donations

From:

Steve Ramm <[log in to unmask]>

Reply-To:

Association for Recorded Sound Discussion List <[log in to unmask]>

Date:

Mon, 29 Dec 2014 11:57:06 -0500

Content-Type:

text/plain

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text/plain (17 lines)

As ARSC's treasurer (and a CPA <g>) I wanted to remind you that if  you 
plan to make a donation to any of ARSCs Restricted Funds or an unrestricted  
gift you can do it on line by Wednesday (12/31) and reap the benefits within 4 
 1/2 months as a tax deduction on your 2014 Federal Tax return (US members 
of  course). If you are a sustaining member (at $90) you get a tax deduction 
for  $45. If you are in the 20% tax bracket and itemize, that means a 20% 
discount on  your contribution (and ARSC gets 100%!). And if in a higher 
bracket the tax  break is even more.
 
Timing is everything here so you have till Wednesday to get it deductible  
for 2014. You can use Paypal or a credit card (through paypal).
 
Happy New Year all!
 
Steve Ramm
ARSC Treasurer

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