Business

Wiemann: You Can Still Gain Tax Benefits From Charitable Donations

By SHELLY A. WIEMANN
Financial Advisor
Edward Jones

Like most people, you probably know several organizations worthy of your philanthropy, and you may well have contributed to them, perhaps on an annual basis. In the past, when you’ve made charitable donations, it’s been a win-win: You were able to provide support to a worthy organization and you received some valuable tax benefits. But with the passage of the new tax laws, things may have changed considerably for many people. Are there still tax benefits to making a charitable donation?

Here’s some background: Previously, you may have been

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Opioid Companies Try Dirty Trick; AG Battles Back

Attorney General Hector Balderas

AG News:

The opioid companies are trying to remove New Mexico’s lawsuit from Santa Fe to a federal court causing unnecessary delays

SANTA FE ― Attorney General Hector Balderas issued an update Tuesday on his ongoing litigation against more than two dozen opioid manufacturers and distributors.

The lawsuit seeks reimbursement of state funds that have been spent as a result of the opioid epidemic, as well as civil penalties for violations of state law, money needed to treat citizens suffering from addiction, punitive damages, and permanent changes to the way

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Bill From Reps. Luján, Fleischmann And Sens. Coons, Risch Supports Small Business Innovation

U.S. Rep. Ben Ray Luján
 
U.S. CONGRESSIONAL News:
 
WASHINGTON, D.C. U.S. Representatives Ben Ray Luján (D-NM) and Chuck Fleischmann (R-TN) and U.S. Senators Chris Coons (D-DE) and James Risch (R-ID) Wednesday introduced the Promoting Small Business Innovation through Partnerships with National Labs Act, which allows small businesses to gain access to premier facilities at the national labs, spurring innovation and stimulating the culture of private-public collaboration.
 
Small businesses are the lifeblood of the American economy. However, the cost of investing
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Potential Buyer Announced For Old Smith’s

Deputy County Manager Steve Lynne presents an update on the old Smith’s, Mari Marc Plaza and Smith’s Marketplace during Tuesday’s Council work session. Photo by Kirsten Laskey/ladailypost.com
 
 
By KIRSTEN LASKEY
Los Alamos Daily Post
kirsten@ladailypost.com
 
The old Smith’s Food and Drug building’s stint as an abandoned building may soon be over, Deputy County Manager Steve Lynne reported Tuesday night during the Los Alamos County Council’s work session.
 
Lynne said Kroger has received an offer to purchase their entire portion of the Mari
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RE/MAX Broker Of The Month: Meet Kendra Ruminer-Shunk

Kendra Ruminer-Shunk

RE/MAX First News:

I have a long history, and deep roots in Los Alamos. I was born here in town as were my parents and my children. My grandparents came to Los Alamos after the war during a time when kids were badged and had a Z number.

One of my grandfathers, Robert Cake, was the pharmacist in what is now the Starbucks building.

The other, Coke Ruminer, worked as a machinist at the lab. I am the third generation of my family to live in this town, and my children are the fourth.

I am married to my husband of 13 years, Devin Shunk. We also met here, at the softball fields in White Rock.   Read More

McQuiston: When The In-Laws Move In … Are They Covered?

By ALLEN MCQUISTON
The Jemez Agency

 
As the Baby Boomer generation continues to grow older, it’s not uncommon to see aging parents move in with their grown children. Regardless of the reason, this situation is becoming more widespread and could potentially create insurance ramifications.

Let’s look at the language in a standard  homeowners form. Please keep in mind these forms and their language can differ from insurance company to insurance company. The policy defines “insured” to include you and residents of your household who are your relatives. This definition will be helpful Read More

Governor Susana Martinez Announces $1.6 Million Catalyst Fund Commitment To NMA Ventures

Gov. Susana Martinez
 
STATE News:
 
ALBUQUERQUE Gov. Susana Martinez announced Wednesday that NMA Ventures will receive up to $1.6 million from the Catalyst Fund to invest in New Mexico startups.
 
This commitment will leverage $2.6 million in funds from NMA Ventures, to be invested in New Mexico startups, bringing the total potential investment from this commitment through the Catalyst Fund up to $4.2 million.  
 
“Investing in homegrown New Mexico companies and entrepreneurs strengthens and diversifies our economy,” Martinez said. “The
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McDonald’s Restaurants Expect To Hire 1,500 Workers In New Mexico This Summer

MCDONALD’S News:
 
ALBUQUERQUE With summer around the corner, McDonald’s and its independent franchisees are gearing up to hire approximately 1,500 restaurant employees in New Mexico to better serve customers this busy season.
 
This is good news for job seekers who are interested in pursuing an education while working since McDonald’s recently announced that it is allocating $150 million over five years to its global Archways to Opportunity education program, including lowering eligibility requirements from nine months to 90 days of employment and dropping weekly
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Sen. Martin Heinrich Votes To Save Net Neutrality

U.S. Sen. Martin Heinrich

From the Office of U.S. Sen. Martin Heinrich:

Today, U.S. Sen. Martin Heinrich (D-N.M.) voted to reverse President Trump and the Federal Communications Commission’s (FCC) repeal of net neutrality rules that protect a free and open internet.

The bipartisan resolution to save net neutrality passed the Senate by a vote of 52 to 47. Without congressional action, net neutrality protections will officially end next month.

“A free and open internet is essential to fostering innovation and education, and promoting civic engagement,” Sen. Heinrich said. “I stand with Read More

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