Notice to CGP Subscribers

February 22, 2013

As most of you know, we found it necessary to suspend publication in early December of 2012 when our editor (and only staff person) suffered an injury in a fall. At that, time we were hopeful that we would be able to resume publication before now. While I am now on the mend, it has become clear that I am not now able to devote suitable time to my recovery and rehabilitation, attend to my law practice, and give my family the time and attention they deserve. In short, something had to give, and Charitable Gift Planning News was a logical choice.

So we have come to the end of the line after thirty years. Subscribers will receive a refund for subscriptions that are paid up beyond the end of 2012. Please allow us a reasonable time to complete this.

It has been my privilege to participate in this undertaking since 1983, and I have mixed feelings about giving it up, but this is clearly the right thing to do. As for me, I intend to remain active as a lawyer and a gift planner. Only CGPN will be discontinued.

Thank you for your support over the years, and I will look forward to seeing you along the way.

Issue 2012-19

December 6, 2012

Fiscal Cliff Negotiations Marked by Posturing

News reports are covering the ongoing fiscal cliff discussions as if they were newsworthy, but they have not really reached that stage. At present, both sides are forwarding their traditional, long-held positions as if they were sincere attempts to reach a compromise. For example, Republicans are proposing new tax cuts while Democrats are proposing new stimulus expenditures. Irrespective of the merits of these proposals, each of these are inflammatory and unacceptable to the other side, at least at the present stage of the discussions. But such proposals are part of the process, designed to bolster each side’s hard core, and serious negotiations will come later, if at all. Continue…

Issue 2012-18

November 26, 2012

IRS Mileage Rates Up Slightly for 2013 – But Not for Charitable Travel

Just before Thanksgiving, IRS issued its official mileage rates for 2013. These rates are used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. For cars, vans, pickups and panel trucks, deductions will be allowed at the rate of 56.5 cents per mile for business miles driven and 24 cents per mile driven for medical or moving purposes – up one cent per mile from the 2012 rates. Continue…