Dale & Eke is taking the COVID-19 outbreak very seriously.  So, for the purpose of maintaining social distancing under CDC guidelines and to promote the health and safety of our clients, visitors and staff and reduce the spread of COVID-19, our physical office will be closed until further notice.

For the time being we are limiting all in-office meetings to those clients and potential clients who are not feeling ill or who have not shown signs of illness.  However, we are recommending that, unless you make other arrangements with your attorney, all client and potential client meetings occur via telephone or video conferencing.  If you have any paperwork for us that you need to drop off, please use the mail slot outside of the front door to our office.

We can still be reached at our office telephone number (317-844-7400). Your call will be answered by our office phone system and you may leave a voicemail in the general mailbox or with a specific attorney. All voicemails left in the general mailbox will be routed to the requested attorney or staff.

You may also email the firm through its website at  www.daleeke.com.

We will continue to monitor this evolving situation and adjust procedures as necessary.  Your health and safety, and the health and safety of our attorneys and staff, is our highest priority.  We thank you for your patience and understanding during these uncertain and unprecedented times.

A Professional Corporation of Attorneys at Law

Is the new tax law chilling charitable donations?

The hard, cold figures won’t be available until tax deadline day in April, but changes made by Republicans to the federal tax law will likely result in fewer donations to charities.

Donations from individuals make up about 75 percent of all the donations received by U.S. charities. Until this year, about 30 percent of tax filers itemized their deductions to include charitable donations.

That all changed in 2017.

A new financial threshold

Each year, taxpayers stare down at their 1040 forms and decide whether to take a standard deduction or itemize their deductions. Their decision is quite often based on which method will save them the most money.

Changes made by the Republicans in the House, Senate and in the White House increased the standard deduction for individuals from $6,000 to $12,000 and for couples from $12,000 to $24,000.

That change came with drops in several deduction limits. For example, the cap on claims for local and state tax deductions dropped from $15,000 to $10,000. The deduction on interest paid on mortgages dropped from $1 million to $750,000 (mortgages that existed before Dec. 14, 2017 are grandfathered in at the higher deduction).

A $13 billion to $24 billion hit

The rise in the standard deduction and the drop in the deduction limits means it’s harder for taxpayers to reach the threshold where itemizing deductions will be worthwhile. With fewer people itemizing deductions, fewer people will be giving relatively small amounts to charity – one group predicts between 5 percent and 12 percent fewer taxpayers will now itemize, between $13 billion and $24 billion each year.

People with massive wealth may be willing to donate more, but these people tend to donate to larger organizations such as hospitals and universities. Smaller charitable organizations will likely bear the brunt of the tax changes.

The IRS says donations are tax-deductible if they are made to entities such as these:

Churches and religious organizations

  • Nonprofit schools and hospitals
  • Veterans groups
  • Public parks and recreation facilities
  • Nonprofit organizations including the Red Cross, the Salvation Army, Goodwill, the United Way, Boy Scouts and Girl Scouts, and thousands of other organizations.

Donations are not tax-deductible if made to organizations such as political groups or candidates, professional groups, raffle or lottery tickets, tuition, for-profit schools and hospitals, or dues paid to lodges or country clubs.