The CARES Act Added a New $300 Charitable Contribution Deduction for 2020. Here’s What You Should Know

  • The CARES Act, which went into effect this spring, established a new above-the-line deduction for charitable giving.
  • You can write off up to $300 in cash donations on your 2020 income tax return, which you’ll be filing next spring.
  • Normally, you’d have to itemize deductions to write off charitable giving when you file your taxes. About 14.8 million households took a tax break for donating to charity in 2018, according to the IRS.

Giving a few bucks to your favorite charity in time for the holidays? You can finally collect a tax break for it.

The CARES Act, which was signed into law this spring, included a “partial above the line deduction” for charitable contributions.

This allows people who take the standard deduction — which is $12,400 for single filers and $24,800 for married-filing-jointly in 2020 — to claim a deduction of up to $300 in donations.

You’d claim this tax break when you file your 2020 return next spring.

https://www.cnbc.com/2020/11/23/cares-act-added-a-300-charitable-contribution-deduction-heres-how-it-works.html

‘It’s a cancer’: Pompeo says US will brand BDS ‘anti-Semitic,’ crack down on it

By: Raphael Ahren – The Times of Israel; timesofisrael.com

Speaking in Jerusalem, US secretary of state vows Washington to immediately take steps against anti-Israel boycott activists; Netanyahu hails move as ‘simply wonderful’

The United States government will formally designate the anti-Israel boycott movement “anti-Semitic” and immediately start cracking down on groups affiliated with it, US Secretary of State Mike Pompeo announced Thursday during a visit to Israel, calling BDS a “cancer.”

“Today I want to make one announcement with respect to a decision by the State Department that we will regard the global anti-Israel BDS campaign as anti-Semitic,” he said, standing next to Prime Minister Benjamin Netanyahu during a joint statement to the press.

https://www.timesofisrael.com/us-to-formally-declare-bds-anti-semitic-pompeo-says-announcing-crackdown/

Israel’s second astronaut to blast off to space in 2021

Ynet News – ynetnews.com

Ex-IAF fighter pilot Eytan Stibbe to join International Space Station for 20 months of experiments as part of partnership between Ramon Foundation and State of Israel; Rivlin urges Stibbe to ‘continue and fulfil legacy’ of Ramon family

Israel will send its second astronaut into space at the end of 2021, with former IAF fighter pilot Eytan Stibbe set to join a scientific mission to the International Space Station.

The announcement of the mission was made jointly by President Reuven Rivlin, the Ramon Foundation and the Ministry of Science and Technology on Monday at the president’s Jerusalem residence.

Stibbe is due to start his mission at the end of 2021, as part of a partnership between the Ramon Foundation and the State of Israel, making him a pioneer in the global private space industry.

The Ramon Foundation is a non-governmental organization for young people named for Israel’s first astronaut, Ilan Ramon, who died during the Columbia space shuttle disaster in February 2003, his late son Assaf Ramon, who died in a 2009 training flight accident, and his wife Rona Ramon, who lost her battle with cancer in 2018.

The former pilot is set to spend 200 hours onboard the ISS, conducting an unprecedented range of experiments using Israeli technology and scientific developments, President Rivlin’s office said in a statement.

https://www.ynetnews.com/article/BymOzC1cv

How Close is Iran to a Nuclear Bomb? Closer Than You May Think

By: Chris Mitchell – CBN News; cbn.com

JERUSALEM, Israel – Perhaps the main threat facing Israel and the United States in the Middle East is a nuclear Iran. 

Before the proverbial ink was even dry on the Joint Comprehensive Plan of Action (JCPOA) signed in 2015, also known as the Iranian nuclear deal, Iran had pushed its limits. 

Israeli investigative journalist Ronen Bergman told CBN News that Iran has been slowly and consistently breaching the limits laid out in the nuclear deal.

https://www1.cbn.com/cbnnews/israel/2020/november/how-close-is-iran-to-a-nuclear-bomb-closer-than-you-may-think

Israel Seals Vaccine Deal with Pfizer, Amid Signs Pandemic Spreading Again

By: Times of Israel Staff – timesofisrael.com

PM says Israel will receive enough doses to inoculate 4 million Israelis, though reports say deal allows company to pull out of its promises if circumstances demand

Prime Minister Benjamin Netanyahu on Friday announced that Israel signed a deal with Pfizer to purchase millions of coronavirus vaccine shots, days after the US pharmaceutical firm said data suggested the vaccine was 90 percent effective at preventing COVID-19.

The announcement came amid new worrying signs that infections in the country may be trending upwards again.

https://www.timesofisrael.com/israel-seals-vaccine-deal-with-pfizer-amid-signs-pandemic-spreading-again/

Unemployment in Israel at 22.7% with 938,000 People Jobless

By: Jerusalem Post Staff – The Jerusalem Post; jpost.com

Unemployment during lockdown in October was nearly double what it was in September.

Some 22.7% of Israelis, 938,000 people, were unemployed at the height of the second coronavirus lockdown, according to the Central Bureau of Statistics, Calcalist reported. The statistics refer to the first half of October and are based on a poll of the workforce.

In the month before the second lockdown, unemployment was at 11.5%, according to the bureau.

The definition of unemployment used in this report is the bureau’s broad definition of unemployment that includes those who are unemployed, those on unpaid leave (measured by the metric of if they have worked at in the week of the poll) and those who lost their job during the pandemic and are not currently seeking work.

Without accounting for those who are not currently looking for work, unemployment stands at 20.7%.

https://www.jpost.com/israel-news/unemployment-in-israel-at-227-percent-with-938000-people-jobless-648352

Iranian MPs Chant ‘Death to America’ After Passing Law to Increase Nuclear Activity

Jewish News Syndicate – jns.org

The legislation requires Iran to produce 120 kilograms (265 pounds) of 20 percent-enriched uranium a year, activate thousands of centrifuges and immediately reactivate the Arak nuclear reactor.

The Iranian parliament has passed a bill obligating the government to dramatically step up the country’s nuclear-related activity, Iranian media reported on Monday.

The legislation consists of nine articles, among which are a requirement that Iran produces 120 kilograms (265 pounds) of 20 percent-enriched uranium a year, according to Iran’s Channel 2.

https://www.jns.org/iranian-mps-chant-death-to-america-after-passing-law-to-increase-nuclear-activity/

Which Jerusalemite Was First to Put ‘Israel’ as Birthplace on Passport?

By: Tovah Lazaroff – The Jerusalem Post; jpost.com

Ari and Naomi Zivotofksy asked for a passport that recorded their son’s birthplace as Israel 18 years ago, but the US government would only say he was born in Jerusalem.

After their son Menachem’s birth in Jerusalem in 2002, Ari and Naomi Zivotofksy asked for a passport that recorded his birthplace as Israel, but they were granted the document only this Friday – some 18 years later.“

I am honored to receive this passport as a representative of the many American citizens who were born in Jerusalem, who can now have their official government documents reflect the fact that they were born in Israel,” said Menachem.

He spoke at a brief ceremony at the US embassy in Jerusalem, in which US Ambassador to Israel David Friedman officially handed him his passport, the first one ever to link Jerusalem with the State of Israel.

https://www.jpost.com/israel-news/zivotofskys-18-year-quest-for-us-passport-stamped-jerusalem-israel-ends-647508

Arabs from Gulf States Rush to Learn Hebrew

By: Abigail Klein Leichman – Israel21c; israel21c.org

The warm relationship developing between Israel and UAE and Bahrain has led to a rise in the number of businesspeople in the Gulf learning Hebrew online.

Maysoon Hameed comes home from work as a vice president of an Emirati bank, spends time with her family – and then begins a 90-minute live Hebrew class online.

“After the UAE signed [the Abraham Accords] with Israel, there are a lot of investment opportunities” for both sides, Hameed tells ISRAEL21c.

“To make connections and build relations, you need something in common with the other party no matter where in the world they are. You have to find a common comfort zone,” she says.

“If I have colleagues from Israel, we don’t have to speak English all the time, even though that is the international business language,” says Hameed. “We will feel closer speaking in a mother tongue.”

https://www.israel21c.org/arabs-from-gulf-states-rush-to-learn-hebrew/

82-Years After the Kristallnacht and Antisemitism is Rising

By: Walter Bingham – The Jerusalem Post; jpost.com

“When a knock on the door meant terror.”

All over the Western world Jews are experiencing a resurgence of antisemitism. Synagogue doors are being reinforced; Jewish businesses are being attacked; Jewish monuments have been defaced; people are careful not to wear anything that can identify them as Jews, and those who do are in danger of verbal or even physical attacks. It happens now predominantly in European cities, as well as in Jewish areas in the United States.

Members of Antifa, the supposedly anti-fascist organization, have been known to support the anti-Israel Boycott, Divestment and Sanctions movement. And in Germany, where antisemitism was suppressed after the defeat of Nazi regime, it is again unashamedly raising its ugly head.

https://www.jpost.com/opinion/82-years-after-the-kristallnacht-and-antisemitism-is-rising-647023