Page 6 - Abacoa Community News - August '18
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Page 6, Abacoa

      Are You A Seafood Lover?                              T he  Al ba riño                               and orange blossom; a great wine for these hot
                                                         white grape from                                  August days.
      Then Albariño Is The Right Choice For You          Rias Baixas, Spain,                                  I paired this wine with my Shrimp Ceviche.
                                                         has wonderful aromas                                 This dish calls for raw seafood, but I peel,
      By Glenn Sudnick,                                  and flavors like white                            devein and drop the seafood in very hot (just
      Sommelier,                                         peach, apple, almond,                             below boiling) water for two to three minutes;                           nectarine and even                                depending on the size of the shrimp, then
      (772) 332-4416                                     some tropical fruits.                             remove and chill in ice water to stop the
         I ask my clientele to think                        One note to remember, it is important to read the label   cooking. The good thing about this dish is
      outside of the box. Do you                         on the bottle.                                    there is no wrong recipe. It’s whatever you
      find yourself purchasing the                          To assure yourself that you are getting 100 percent   like.
      same white wine over and                           Albariño, the wine labeled Rias Baixas will not contain      I mix in chopped red onion, serrano
      over? Yes, I am talking to                         any blending grapes.  This is not to say the regions   chilies, green tomato, avocado, cucumber and
      you Chardonnay, Sauvignon                          surrounding Rias Baixas don’t have quality wine, they   a little cilantro. I’ve learned to like cilantro,
      Blanc and Pinot Grigio                             do. I would like you to try a true Albariño. I am sure it   because Cyndie said I should. Mix these
      drinkers. Now is the time to                       will be added to your list when choosing your next wine.  ingredients with the juices of limes, lemons, and oranges,
      spread your wings (just a little) to Albariño.        One of my favorites is Paco & Lola Albariño 2017.   some extra virgin olive oil, a dash of kosher salt and voila!
         This fine wine goes well with just about any South Florida   This is a sustainable vineyard and always highly rated.                  Life is good,
      seafood dish.                                      It is complex with grapefruit, lime, white flowers, acacia                                  Glenn
      Financial Focus

      You Can Still Gain Tax                             When you itemized, and you donated appreciated stocks,   about the potential loss of contributions. Nonetheless,

      Benefits From Charitable                           you were generally allowed a charitable deduction for   as we’ve seen, you can still find ways to get some tax
                                                                                                           benefits from your own charitable gifts. And you’ll still
                                                         the full fair market value of the stocks on the date of the
      Donations                                          transfer, even if your original cost was only a fraction   get the same satisfaction from supporting a good cause.
                                                         of that value. Now, if you don’t itemize, that charitable
                                                                                                             This article was written by Edward Jones for use by

      By Sally Sima Stahl                                contribution is not deductible, but you can still avoid   your local Edward Jones financial advisor. Edward Jones,
         Like most people, you                           the capital gains taxes you’d have to pay if you sold the   its employees and financial advisors cannot provide tax
      probably know several                              securities, rather than donating them.            or legal advice. You should consult your attorney or
      organizations worthy of                               Finally, you could name a qualified charity as a   qualified tax advisor regarding your situation.
      your philanthropy, and you                         beneficiary of your IRA or 401(k). This can allow the      Call me for a free portfolio review at (561) 748-7600,
      may well have contributed                          assets to pass free of income tax to the charitable group.  Sally Sima Stahl, AAMS, 1851 W. Indiantown Road, Ste.
      to them, perhaps on                                   Given the increased standard deduction resulting from   106, Jupiter, FL 33458.
      an annual basis. In the                            the new tax laws, many charitable groups are worried
      past, when you’ve made
      charitable donations, it’s
      been a win-win: You were                                           MoCk JUrors NEEdEd
      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     Earn a Minimum of $110 Upon Completion
      there still tax benefits to making a charitable donation?
         Here’s some background: Previously, you may have
      been able to deduct your charitable donations if you                        **** New Applicants Only Need To Apply ****
      itemized deductions on your income tax return. So, for
      example, if you were in the 25 percent tax bracket and   Spend 6-10 hours on one given night, weekday or weekend serving as a juror in a
      you gave $1,000 to a qualified charity, you may have   mock trial to evaluate settlement of an actual court case. If you have a valid FL DL or
      been able to deduct $250.                               State ID, a U.S. citizen & eligible to vote, enroll with us on:
         But under the new tax laws, the standard deduction is   (please fill out online form completely for consideration) or only if you do
      almost doubled for 2018, to $24,000 for joint filers, and   not have access to a computer call: 1-800-544-5798. (online sign-up preferred.)
      $12,000 for single filers. As a result, far fewer people are
      likely to itemize their deductions. If you’re in this group,                 mock trials will be held in Lake Worth, FL.
      you may find that you have less incentive, at least for tax
      reasons, to make charitable gifts.
         However, receiving a tax deduction is not the only tax
      benefit of making a charitable gift. If you own an IRA
      and you’re 70½ or older, you generally must start taking
      withdrawals – technically called required minimum
      distributions, or RMDs – from your traditional IRA. (Roth
      IRAs are not subject to RMDs until after the death of the
      owner.) If instead of withdrawing the money, the IRA
      owner decides to transfer the funds directly to a qualified
      charity, the distributed amount can be excluded from the
      IRA owner’s income. So, in effect, you can get a sizable
      tax benefit from your generosity. In fact, you may be able
      to move up to $100,000 from your IRA per year to an
      eligible charity and have it count as your RMDs, even if
      the amount donated is more than the required minimum
         Even if you aren’t 70½ yet, you might still gain some
      tax benefits from certain types of charitable donations.

       Editorial copy appearing herewith is not necessarily the viewpoint of
       Seabreeze Publications of Central Florida. Most editorial copy is created by
       the homeowners and is edited by their appointed editor.

                      1102 W. Indiantown Rd., Suite 5, Jupiter, FL 33458
                        (561) 746-3244
                        FAX (561) 746-2509

        Seabreeze Publications
                         M. Sean Reid
                          Jackie Reid

              Tom English, Laura Berrio, Bret McCormick

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