Category: About NCBS

NCBS Plans Active Schedule Of Live Bluegrass Events Following The End of The Current Surge

The Northern California Bluegrass Society is planning an active schedule of live music events that will begin after the passing of the current Coronavirus Surge.

In 2022, Proof Of Vaccination for the Covid 19 Virus will be needed in order to attend NCBS events. This requirement will also be in effect for all or almost all bluegrass events in Northern California this year.

The required vaccines are FREE and WIDELY AVAILABLE.

Two Day Reminder: Tax Deadline Is December 31 For 2021 Donations To NCBS

Two Day Reminder: December 31, 2021 is the deadline for some 2021-only favorable tax treatments of contributions to the Northern California Bluegrass Society, as certain opportunities will expire after this tax year.

The Northern California Bluegrass Society/Santa Cruz Bluegrass Society is an official Internal Revenue Code Section 501(c)(3) organization that accepts tax-deductible contributions which are used to support local bluegrass music.

Here is some useful tax planning information for 2021 if you are interested in supporting local bluegrass music with tax-advantaged contributions: For the tax year ending on December 31, 2021 it is possible to deduct cash gifts up to $300 for an individual or $600 for a married couple filing jointly, even if the taxpayer(s) do not itemize deductions — that is, the 90% of taxpayers who take the standard deduction. Gifts must be made by check, credit card or debit card to a qualified 501(c)(3) charity. Volunteers who have unreimbursed out-of-pocket expenses will also qualify for this deduction. This provision will expire at the end of 2021. Gifts to charities like the NCBS/SCBS usually have deduction limits of 60% of a donor’s adjusted gross income, but in 2021, the limit has been temporarily raised to 100% of AGI. In addition, donors who contribute more than the limit may carry the balance of the deduction forward for up to five years after the year of the gift.

Four Day Reminder: 2021 Donations To The Northern California Bluegrass Society Due December 31

Four Day Reminder: December 31, 2021 is the deadline for some 2021-only favorable tax treatments of contributions to the Northern California Bluegrass Society, as certain opportunities will expire after this tax year.

The Northern California Bluegrass Society/Santa Cruz Bluegrass Society is an official Internal Revenue Code Section 501(c)(3) organization that accepts tax-deductible contributions which are used to support local bluegrass music.

Here is some useful tax planning information for 2021 if you are interested in supporting local bluegrass music with tax-advantaged contributions:

For the tax year ending on December 31, 2021 it is possible to deduct cash gifts up to $300 for an individual or $600 for a married couple filing jointly, even if the taxpayer(s) do not itemize deductions — that is, the 90% of taxpayers who take the standard deduction. Gifts must be made by check, credit card or debit card to a qualified 501(c)(3) charity. Volunteers who have unreimbursed out-of-pocket expenses will also qualify for this deduction. This provision will expire at the end of 2021.

Gifts to charities like the NCBS/SCBS usually have deduction limits of 60% of a donor’s adjusted gross income, but in 2021, the limit has been temporarily raised to 100% of AGI. In addition, donors who contribute more than the limit may carry the balance of the deduction forward for up to five years after the year of the gift.