Feb 3, 2020 | All News
Businesses frequently make cash donations to charitable organizations. But what happens to the deductibility of those donations under the state and local tax limitations imposed by the 2017 tax law? This issue continues to be the subject of discussion, but your...
Feb 2, 2020 | All News
A new decade frequently inspires closely-held business owners to start thinking about an exit strategy. Before your business-owner client starts putting out feelers to potential acquirers, be sure to counsel your client about the benefits of contributing an ownership...
Feb 2, 2020 | All News
Don’t miss out on the opportunity to inform your clients about a special provision in the Taxpayer Certainty and Disaster Tax Relief Act, signed into law on December 20, 2019 by President Trump. For cash donations made to public charities that are helping with...
Feb 2, 2020 | All News
Among the changes enacted by the SECURE Act, which became law on December 20, 2019, is a provision eliminating the so-called stretch IRA. This change, which came as a surprise to many wealth advisors, requires that non-spousal beneficiaries of a decedent’s IRA draw...
Jan 7, 2020 | All News
As we enter the first month of a new decade, I can’t help but to think of the reasons I love January. I find myself looking back on the prior year, making tweaks for the upcoming year as well as taking in all the goodness that surrounds us. I like to take what I...
Jan 6, 2020 | All News
Babywearing is the practice of keeping your baby or toddler close and connected to you as you engage in daily activities through the use of one of a variety of types of baby carriers. It is a traditional practice in many cultures that is not widely used by modern...
Jan 6, 2020 | All News
If you made a donation, were a corporate partner, volunteered, or attended Extreevaganza Starry Starry Night, THANK YOU. With your generosity a record $78,000 was raised during this philanthropic evening that benefits the Community Fund of the Otsego Community...
Jan 6, 2020 | All News
By April 1, 2020, every home will receive an invitation to participate in the 2020 Census. You will have three options for responding: Online By phone By mail The 2020 Census marks the first time you’ll have the option to respond online. Do you want to respond...
Jan 6, 2020 | All News
With the start of 2020 the Community Grant Program is open. The Otsego Community Foundation (OCF) is proud to administer the Community Grant Program – a unique collaborative effort made possible by local funders to increase the effectiveness of grantmaking;...
Dec 2, 2019 | All News
History: A record or account of past events. We are lucky in Otsego County to have an amazing organization that helps tell and archive our local history. At the Otsego County Historical Society (OCHS), you connect directly with the past! Learn about your ancestors and...
