While traditionally P&L refers to profit and loss, for this NEW monthly e-newsletter, the P&L will represent Postal and Legal issues. Postal and Legal issues can be boring (we all know that!), BUT, let’s face it, they do impact every direct marketer’s and fundraiser’s bottom-line.
So this e-newsletter is just going to shed a little light on some heavy issues. Maybe you don’t need to know anything about postage. Maybe legal issues are someone else’s concern – then forward this newsletter to them! They will appreciate the information it contains.
Go! No Wait, Stop! Postal Service Delays April 2015 Price Change
The USPS decided on March 27 to delay the implementation of new market-dominant and competitive rates and classification changes until all of the proposed market-dominant changes are approved by the Postal Regulatory Commission (“PRC”). This decision was primarily motivated by a desire to eliminate potential adverse impacts on postal customers that might result from a staggered implementation of the new prices. After considering the complexity of the required PRC programming changes, the specific complications that the USPS customers might face; the potential cost to the supply chain as a whole from staggered implementation, the Postal Service has delayed implementation until all of their proposed rates and classification changes can be implemented at one time: Read more…
Obama again proposes limit to charitable deduction
Submitted by Geoffrey Peters, CEO, Moore DM Group
In conjunction with his State of the Union address, President Obama released his budget and capital gains proposal. In his budget, as in the past, he proposed a 28% cap on the charitable deduction despite substantial research by many economists and others that any such cap reduce charitable giving by as much as $9.4 Billion, far more than any projected tax revenue. On the other hand, the capital gains proposal offers a deduction (limited to 28%) against capital gains for any charitable gifts. Read more…