Recent Obituaries



Local & Social Scene




Follow us on Facebook


Special Sections Spotlight

featured

Night two of the SVC girls basketball tournament kicked off in Watseka on Thursday night with the semi-final games taking place between PBL vs. Iroquois West and Watseka vs. Dwight.

ATLANTA — Late last week (Jan. 3, 2020) Coca-Cola Company announced via a press release that it has acquired the remaining stake in fairlife LLC from its joint venture partner Select Milk Producers.

Within our area, mention great high school football coaches and one name will usually come to mind, Bishop Mac’s Hall of Fame Coach, Rich Zinanni, the coach with the third most wins in Illinois history.

  • Updated

MoneyTips

The Tax Cuts and Jobs Act (TCJA) limited itemized deductions and doubled the standard deduction to entice more taxpayers to skip itemizing – but money-saving deductions still remain for eligible taxpayers. Do you qualify for any of the following nineteen deductions?

1. Charitable Donations – This is one of the few deductions with increased limits due to the TCJA. Charitable contributions are now limited to 60% of adjusted gross income (AGI).

2. Mortgage Interest – You can still deduct the interest on $750,000 worth of mortgage debt ($375,000 if married filing separately) for loans taken out after December 15, 2017. Deductions on older mortgages are capped at $1 million of debt. However, mortgage insurance is no longer deductible.

...

Considering An Investment Property? New Tax Law Means It's Time To Buy

Mortgage Deduction Claims Will Drop More Than 50%

Men Benefit More from Mortgage Interest Tax Deductions

  • Updated

MoneyTips

Thanks to large-scale hacks such as the Equifax and Yahoo breaches, identity thieves have no shortage of information to use in their criminal pursuits. Is your information among them?

"Identity theft can trash your credit score because there's the risk that somebody takes your name, your Social Security number, and your solid credit rating, goes out, applies for a bunch of credit, and then doesn't repay any of it," cautions Bankrate.com Senior Vice President and Chief Financial Analyst Greg McBride. "That can really just destroy what otherwise had been years of hard work on your part to build a solid credit rating."

You may not be able to stop all identity theft methods, but you can take common-sense steps to protect your information and limit the likelihood of damage. In honor of Data Privacy Day (January 28), we present 15 preventative actions that you should take.

1. Check Your Accounts Regularly – Frequently review all credit and de...

Identity Theft Victims Lose More Than Cash

Worst States For Cybersecurity

Protecting Yourself Against Fraud And Theft Beyond Credit Freezes

  • Updated

MoneyTips

One of the most controversial provisions of the 2017 Tax Cuts and Jobs Act (TCJA) was the limit it placed on state and local tax (SALT) deductions. The TCJA capped the deduction on combined payments for state and local property, sales, and income taxes at $10,000 beginning in the 2018 tax year.

According to the Joint Committee on Taxation, the SALT deduction cost the government $100.9 billion in potential 2017 tax revenue. The estimated SALT deduction costs for 2018 dropped to $43.1 billion. It's a large part of the tax revenue increase that paid for the corresponding tax cuts.

Many taxpayers won't be affected by the SALT changes. However, people in states with high taxes and high property values can easily reach $10,000 from either property taxes or state taxes alone.

How do you know if you'll be affected? Check Schedule A on last year's tax return. If you entered more than $10,000 on line 5d and your tax status hasn't significantly changed, you'll pro...

How the Tax Cut Bill Is Raising Your State Taxes

Best And Worst States For The New Tax Law

Top 10 States For Low Or No Income Tax

  • Updated

MoneyTips

Do the words "tax return" send shivers down your spine because you always end up with a gigantic headache and little or no tax refund at the end? Maybe the problem is in preparation and planning – or lack of it. Tax law is complicated, and it takes a coordinated, sustained effort to optimize your refund. Let these nine tips help you acquire the best refund possible.

1. Don't Delay – The IRS doesn't start processing forms for the 2019 tax year until January 27, 2020, but that doesn't mean you have to wait until right before this year's deadline of April 15. If you need motivation, think of what you can do with a tax refund windfall. The sooner you file, the sooner you can put your refund to use. Two other reasons to avoid procrastination: the earlier you begin, the more time you'll have to locate any missing documents and data; and the sooner you file, the harder it is for a tax identity thief to target you.

2. Contribute to Retirement Pla...

Do You Qualify For An Earned Income Tax Credit?

8 Common Mistakes Of Tax Extension Filers

What are Deductions, Credits, and Exemptions?

  • Updated

MoneyTips

Your home isn't just your castle; it is also a source of tax deductions. Yet, every year, Americans let these potential tax deductions pass by, not realizing how to take advantage of them. Complicating matters, the Tax Cuts and Jobs Act of 2017 made major changes to the tax breaks that every homeowner should know.

IRS Publication 530, titled "Tax Information for Homeowners", can fill you in on the deductions that are available to you for the 2019 tax year. Several of the most important tax benefits are listed below.

  • Mortgage Interest – This should be the largest home-related tax deduction that is available to you. If you bought your home before December 15, 2017, you can deduct interest payments on either primary or secondary homes, up to the limit of $1 million in collective mortgage debt if married and filing jointly, or $50...

Understanding The Tax Benefits Of A Mortgage

Are You Paying Too Much Property Tax?

Men Benefit More from Mortgage Interest Tax Deductions

Almost immediately after birth a child begins to imitate their parents. They mimic mannerisms and behaviors such as smiling when their parents smile, make similar noises and, when they are old enough to talk, they repeat what parents say.

Vaping controversy has been front and center lately, with the recent news that the CEO of Juul, Kevin Burns, had resigned in September, as an increasing number of deaths related to vaping and threats of federal regulation are presenting a massive challenge for the e-cigarette company.

Whether it’s by car, train or plane, it can sometimes be tough to get a good night’s sleep when traveling. You’re away from the comfort of your own bed, and you could be traveling with people who cry, sneeze, talk loudly or watch a movie without headphones. But you can still sleep well while traveling. Learn how traveling across time zones impacts your sleep, what causes jet lag, and how you can feel rested the next time you travel across the country.

The American Society for the Positive Care of Children estimates that child abuse reports involve 7.5 million children, and child abuse crosses all socioeconomic and educational levels, religions, ethnic and cultural groups. The National Children’s Alliance has reported that nearly 700,000 children are abused in the U.S annually. Childhelp.org, a nonprofit organization dedicated to the prevention and treatment of child abuse, found that a report of child abuse is made every 10 seconds.

It is healthy for the bodies to take probiotics. They cleanse the body and the gut system. The “good bacteria” helps keep the gut healthy. Instead of buying expensive probiotic products, nature offers some organic choices for you that you can use daily for a better gut health. The name itself is derived from the Latin 'pro-' 'for' and the Greek '-biotic' 'life. The discovery of the probiotics came in the early 20th century and was found in Bulgaria where the bacteria Bacillus Bulgarikus was found in milk.

National Videos

General Motors, Ford Motor Co. and Fiat Chrysler Automobiles are taking aggressive precautions in their operations in China because of the coronavirus outbreak. GM, Ford and FCA have implemented global travel restrictions for travel to China as many companies are extending a holiday closure of their operations. Much of the focus has been on the Wuhan area, the epicenter of the outbreak. "Only ...

HONG KONG - Henry Ng is used to hearing the familiar refrain of pro-democracy chants after months of demonstrations in Hong Kong. But when he looked outside his apartment window Sunday, he saw a protest of a different kind. Hundreds of black-clad demonstrators and local residents were locked in a standoff with riot police over plans to convert an adjacent public housing block into a quarantine ...

BEIJING - Chinese authorities are marshalling ever more resources to stop the spread of a new and deadly coronavirus, even as the number of cases grows both domestically and internationally. Beijing upped the number of medical workers it is sending to Hubei province - the site of the initial outbreak - to nearly 6,000, according to a health official cited by the Xinhua state news agency. Of ...

JEFFERSON, Md. — Durante el año pasado, la pequeña empresa de Maryland contratada por el gobierno federal para inspeccionar los centros de detención de inmigrantes de EU ha pintado una imagen positiva de la vida en cautiverio. En docenas de reportes presentados en los últimos 12 meses, los inspectores del Nakamoto Group de 11 personas describieron a detenidos que no tenían "quejas importantes" ...

Iroquois County Clerk Lisa L. Fancher has announced that early voting for Iroquois County registered voters who are voting in the March 17 Primary Election will be in the county clerk’s office in Watseka.