As I write this, it is still unknown just how much damage Hurricane Dorian is going to dish out. Suffice to say that it has already done enough to be a sobering reminder about the power of nature and how quickly it can affect our lives.
I say these words often when disasters strike, but it is important every time, so continue to remember those in need. In past years we could talk about how giving to charity was good for your tax picture, and sure, that is no longer the case for many taxpayers, but that does not mean being generous and compassionate has become a bad idea. Giving to those in need is one of the best things one can do to feel good about what you’re doing with your money. Even if it is just a small amount, it is warming to know that you did more with your money than making a frivolous purchase.
(And really, no judgment, we all make frivolous purchases.)
The IRS is on top of this all well, as it always is. After such disasters (no matter what form they come in), the agency gives some leeway to those affected at least in the form of loosening of deadlines. So if you are ever affected in such a way, keep an eye out for that so you can keep your mind on more important matters.
I am going to keep this week’s blog shorter so that we can simply take time to think of these more important matters. Coming off Labor Day weekend, many of have just indulged in some pleasurable activities, celebrating the end of summer in the presence of families and friends. We band together in those times of happiness and let’s not forget to band together in times of sadness. From either end, it is heartening to remember our shared humanity.
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