Tag Archives: ice bucket challenge

IRS RULES: ONLY 80 PERCENT OF ‘ICE BUCKET CHALLENGE’ DONATIONS IS TAX-DEDUCTIBLE

NBC 'Today' host Matt Lauer taking last summer's Ice Bucket Challenge
NBC ‘Today’ host Matt Lauer taking last summer’s Ice Bucket Challenge

WASHINGTON, D.C. (The Adobo Chronicles) – It’s that time of the year when U.S. taxpayers start receiving their tax forms like W-2’s and 1099’s, as well as their donation receipts for their 2014 charitable donations which are fully tax-deductible (unless they received goods or services as part of their donations).

The summer of 2014 saw one of the most successful donation campaigns in nonprofit history — the Ice Bucket Challenge to benefit the ALS Association.  It was a campaign that went viral worldwide, raising hundreds of millions of dollars for ALS research.

As Americans begin to file their 2014 income tax returns, the Internal Revenue Service (IRS) announced a ruling that only 80% of donations to the Ice Bucket Challenge is tax-deductible.  The remaining 20% will be used by state governments to make up for all the water that went to waste as a result of the ice bucket challenge campaign.

In California, which continues to experience a severe drought, taxpayers can only deduct 60% of their donation to the Ice Bucket Challenge.

Taxpayers who made donations to the campaign are advised to consult with their tax attorneys to avoid being audited by the IRS.

IRISH NUNS PRAY AND PLAY FOR ALS CURE

nunsDublin, Ireland (The Adobo Chronicles) – There’s a different kind of Ice Bucket Challenge happening in Ireland.  Men are pouring buckets of ice cold beer over their heads while nuns are praying for a cure for this neurodegenerative disease called ALS.

But wait, aren’t nuns entitled to some fun, too?

nuns3The Redemptoristine Nuns of Dublin think so.  While they continue to pray for divine intervention to help find a cure for Lou Gehrig’s disease, they also believe that prayer alone will not do the trick.  So they participated in their own Ice  Bucket Challenge in the Abbey courtyard, and boy, did they have some fun.

On their web site, they describe themselves as “an enclosed contemplative community of religious women. Our life is centered around the Liturgy of the Hours, the Eucharist, personal prayer and contemplation. We hold the needs of the world in our heart in prayer.”

We can therefore assume that this was a one-time-only activity for the nuns and that it’s not going to turn into a bad habit for them.

You can learn more about the Redemptoristine nuns and view their Ice Bucket Challenge video here.

 

AFTER REJECTING THE ALS ICE BUCKET CHALLENGE, AQUINO SNUBS THE MRT CHALLENGE

Daily scene at MRT stations
Daily scene at MRT stations

Manila, Philippines (The Adobo Chronicles) – Last week, The Adobo Chronicles reported that Philippine President NoyNoy Aquino rejected the ALS Ice Bucket Challenge, claiming that he was “under the weather” with a cold.

Today, the Office of the President announced that Aquino has also refused to take the MRT Challenge.

MRT (Metro Manila Rail Transit System) is a rapid transit line in Metro Manila along Epifanio de los Santos Avenue (EDSA).  Envisioned in the 1970s as part of the Metropolitan Manila Strategic Mass Rail Transit Development Plan, the thirteen-station, 16.9-kilometer (10.5 miles) line was the second rapid transit line to be built in Metro Manila when it started operations in 1999. It is operated by  a private company operating in partnership with the  Department of Transportation and Communications (DOTC).

Serving close to 600,000 passengers daily, MRT’s total ridership significantly exceeds the line’s built maximum capacity and experts have questioned the line’s structural integrity.

Recent derailment of an MRT train
Recent derailment of an MRT train

In recent days, public officials have been challenged to ride the MRT in order to experience first-hand the long queues, overcrowding, delays and technical problems that ordinary commuters face every single day.

Several public officials, including Senator Grace Poe and DOTC Secretary Jun Abaya , have taken up the challenge.  Filipinos have been clamoring for Aquino to take the challenge.

In announcing that Aquino has refused to take the MRT Challenge, a presidential spokesperson said that the president is suffering from claustrophobia (fear of being in an enclosed environment) and agoraphobia (fear of being in crowded places).  “It is not in his best interest nor the best interest of the country for him to take up the challenge.” the spokesperson said.

“It will also be very difficult for the president,  a known chain-smoker, to ride the MRT trains where smoking is prohibited,” he added.