New restrictions on claiming charitable contributions that began in 2006 continue into 2007.  These rules are the following: (1) no deduction is allowed for charitable contributions of clothing and household items if such items are not in good used condition or better; (2) the IRS may deny a deduction for any item with minimal monetary value; and (3) the restrictions in (1) and (2) do not apply to the contribution of any single clothing or household item for which a deduction of $500 or more is claimed if the tax payer includes a qualified appraisal with his or her return.  Effective January 1, 2007, charitable contributions of money, regardless of the amount, will be denied a deduction, unless the donor maintains a cancelled check, bank record, or receipt from the donee organization showing the name of the donee organization, and the date and amount of the contribution.

Source:  The Bureau of National Affairs, Inc., 2007

BETHEL BIBLE CHURCH FELLOWSHIP DRIVE

Each year during the holiday season, the team at Stortz & Associates participates in a food bank hosted by Bethel Bible Fellowship Church in Emmaus. Their program, called “Groceries Plus”, provides groceries to 40 - 50 families every month – most of them are Emmaus residents.

If you’d like to help make someone’s holidays a little brighter, feel free to drop off your non-perishable food donation to our Emmaus office any time before Friday, December 14th, 2007, during business hours. We thank you in advance for your generous contribution!

Here is a list of items needed for the food drive:

• Paper products
• Shampoo
• Toothpaste
• Tooth brushes
• Soap
• Housecleaning Products
• All non-perishable food items (canned meats, soups, vegetables, etc.)

• Go to the Reports pull down menu, select Memorized Reports and then click on Memorized Reports List.
• On the Memorized Report List window click on the Memorized Report TAB at the bottom left corner of the screen. Select NEW GROUP.
• Add a name for your new report group. For example “My Reports”
• Now anytime you view a report you can click on the MEMORIZE button and save in Memorized Report Group: “My Reports”.
• Accessing all your commonly used reports is now simple just to go the Reports pull down menu and choose Memorized Reports the click on My Reports to view all your memorized reports.

Note: If you change the report display or filters remember to click on the memorize button again to save your new report display or filters. 

Peachtree: 

• Go to the Reports & Forms pull down menu (prior to version 2008 the menu just reads Reports) then find and click on Report Groups.
• Click on the GROUP icon on the top left of the screen.
• A pop up window Report Group window will appear.
• The list on the left is a Report Index list. This is a list of all available reports that you can add to your Report Group. To select a report simply click on it once then click on the ADD button.
• A copy of the report will be moved to your Report Group. Continue to add all the reports you want in your group. The remove button is available if you want to “deselect” a report you previously added.
• Once the list is complete click on the SAVE button.
• You will be prompted to name your Report Group. For example “My Reports”. Then click on SAVE and close the Report Group window.
• Accessing all your commonly used reports is now simple just to go the Reports & Forms pull down menu and choose Report Groups. A list will appear by Report Group Name. Click one time on the report group name to view the saved reports.

Note: Follow the above steps 1-7 if you have NO existing report groups. If you do have an existing report group and want to complete steps 1-7 for a new group you should select any other report AREA other than Report Groups Area.

NEW STORTZ TEAM MEMBERS