You will recall that we recently went out to our BIA to remind them of the importance of supporting the ongoing operations of our “Black Knights” organization. It is hard to believe that it has been (51) years since the 3rd Squadron 5th Cavalry arrived in RVN. While we all feel that we are forever young, the facts belie that assumption and will continue to have an adverse effect on our revenue stream; and by extension, it will continue to influence our operations in a negative way.
We would like to take this opportunity to thank all of those who responded by submitting their dues for the period September 2017 thru September 2019. Your immediate response is indicative of your support of the “Black Knights”. As we move into 2018, we will be dealing with changes in the federal tax law which allows for raising the standard deduction to $24,000.00. This will mean that upwards of 70% of filers will not itemize deductions. However, it appears that you will still be able to make direct contributions from your IRA/401-K. This means that a withdrawal in this manner will not count as income thus bypassing the need to itemizes. There will be more information forthcoming in the near future detailing the exact procedure for making such a contribution to any 501- (C)-3. However, we always encourage you to consult with your tax advisor for an official ruling.
Since August 2017 we have gained 26 new Life Memberships, 155 members have either renewed or became new members and 4 BIA's have donated a total of $400 to the General Fund.
Please be guided by the membership form drop down for the submission of dues.
We would especially like to express our appreciation for those BIA that went beyond the call of duty with their generous donations to the general fund. And, we would like to encourage others that are able to do the same.
Peter W. Moore
358 Lake Crest Court
Weston, FL 33326
Printable Membership Form