WEST LAFAYETTE — The Purdue University/CME Group Ag Economy Barometer recorded its largest one-month drop in sentiment during March. The barometer dipped 47 points to a reading of 121, as concerns over the impact of the global pandemic on the agricultural economy weighed heavily on farmers’ …

TIPPECANOE COUNTY – The Indiana Department of Transportation announces work will begin on or after Monday, April 13 on State Road 25 on the bridge over Flint Creek, this is located just south of West Point. Traffic will be restricted to one 11’ lane at the bridge and flagged around construct…

WEST LAFAYETTE — Members of Purdue University’s Class of 2020 will hear their names called, hold diplomas in their hands, wear a cap and gown, and take part, albeit away from Elliott Hall of Music, in all the personal hallmarks, pomp and circumstance of a traditional Purdue commencement — co…

LAFAYETTE — The Tippecanoe County Health Department announced with deep sorrow, its first COVID-19 death March 27. This individual was a male resident of Tippecanoe County and was one of the county’s 8 positive cases at that time.

GOODLETTSVILLE, Tenn. – Dollar General announces its store at 3205 Union Street in Lafayette is now open. Normal hours of operation may be found online or through the Dollar General app.

INDIANAPOLIS — Governor Eric J. Holcomb delivered a statewide address today to order that Hoosiers remain in their homes except when they are at work or for permitted activities, such as taking care of others, obtaining necessary supplies, and for health and safety. The order is in effect fr…

Local & Social Scene




Follow us on Facebook


GOODLETTSVILLE, Tenn. – Dollar General announces its store at 3205 Union Street in Lafayette is now open. Normal hours of operation may be found online or through the Dollar General app.

  • Updated

BLOOMINGTON, Ind., April 8, 2020 /PRNewswire/ -- On Friday, April 17(th), DMI's Senior Director, Digital Technology Office, Andrew Brockett, will participate in a live, virtual panel discussion at Indiana University's Kelley School of Business as part of the school's annual Life Sciences Day. Brockett will discuss the impact of COVID-19 on the healthcare industry, as well as the promise of artificial intelligence, mobility and telehealth solutions.

  • Updated

INDIANAPOLIS, April 8, 2020 /PRNewswire/ -- Steak 'n Shake today announced that all customers can enjoy a complimentary order of French fries as part of the company's "We're All Essential" campaign.

My brothers and I have owned and operated downtown businesses for nearly two decades. We face the same struggles as every other downtown business owner—we need customers. The way we see it is that we need to raise awareness of our business and bring more foot traffic to the downtown area—mor…

The 2019 legislative session kicked-off earlier this month, and lawmakers are already working to address issues affecting Hoosiers across the state.

  • Updated

MoneyTips

Tax preparation software has improved significantly over the past several years, and more and more people are using it to file their own taxes. If you are debating whether doing your own taxes is right for you, consider the following factors:

  • Simplicity of your Tax Situation – If you have relatively few deductions, few sources of income, and limited investments, tax preparation software should be able to handle your taxes with relative ease. If you have a complex tax situation with business interests, rental properties, multiple investments, or estate issues, it's probably best to use a CPA or licensed tax preparer.

  • Familiarity with Taxes – The less familiar you are with taxes, the more questions a CPA will have to ask about your situation to help you find applicable deductions. Most of the tax software programs have information prompts...

Comparing Tax Preparation Software

How to Pay the Government Less Money Legally

Preparing For Your Annual Tax Meeting

  • Updated

MoneyTips

As much fun as it is to hold your tax refund check in your hands as you rub them together with glee, direct deposit is a simpler and faster method of receiving your refund. It may be safer as well. Not only will you be spared the possibility of someone stealing your check out of the mail, you will also be less tempted to spend it.

However, there is an even better way to avoid spending your refund. You can have it directly deposited into an individual retirement account (IRA) or purchase U.S. savings bonds with it. Some institutions may allow you to directly deposit your refund into other types of accounts such as 529 College Savings Plans or mutual funds.

IRS Form 8888, "Allocation of Refund," allows you to split your refund into a...

Your Roth IRA 60 Day Withdrawal Window

5 Top Myths And 5 Top Facts About Tax Refunds

Retirement Savings Contributions Tax Credit

  • Updated

MoneyTips

Caring for an elderly relative can be rewarding, but incredibly difficult – as well as expensive. However, it may be possible to recoup some of the costs through income tax savings.

There are two general approaches to tax savings on elder care costs – taking medical deductions that can be itemized and claiming a dependent care credit that can be subtracted directly from the taxes you owe.

First, you must determine if your elderly relative qualifies as a dependent. Full details are listed in IRS Publication 501, "Dependents, Standard Deduction, and Filing Information," but the primary criteria are that they must be a relative, you must be providing over half of their support, and their gross 2019 income must be less than $4,200.

The definition of relatives includes stepparents and in-laws. They do not...

Top 7 Tax Deductions And Credits That People Forget

Top 7 Tax Benefits Of Parenthood

Only 25% Of Americans Know This Simple Tax-Savings Trick

  • Updated

MoneyTips

When you use your car for both personal and business reasons and you are not fully reimbursed through your employer for the business expenses, you can deduct those costs from your taxes. How do you go about claiming these deductions? Assuming that you itemize, you have two general paths:

  • Standard Mileage Method – The IRS prints flat rates of reimbursement per mile driven for each calendar year. For business use of your vehicle in tax year 2019, the standard mileage rate is 58 cents per mile, up from the 2018 value of 54.5 cents per mile.
  • Actual Expense Method – Rather than calculate an average based on miles, you can calculate the actual expenses related to the non-personal use including gas, oil, maintenance costs, depreciation, tolls, parking fees, insurance, and other applicable expen...

Retirees Not Maximizing Tax Refunds

Giving to Charitable Foundations

Men Benefit More from Mortgage Interest Tax Deductions

  • Updated

MoneyTips

A stable income is critical to a comfortable retirement – as is limiting the amount of that income that you give to Uncle Sam. Maximizing retirement income and minimizing taxes requires advance planning – as illustrated in these seven tips.

1. Use a Roth IRA

Because Roth IRAs are funded with post-tax dollars, they are flexible retirement income sources and excellent for plugging retirement income gaps. You may draw contributions out at any time and earnings may be withdrawn tax-free if you are at least age 59½ and have had the account for at least five years.

Roth IRA contributions are less attractive when you are in higher-earning years where a high tax bracket applies. Contribute to a Roth IRA when tax conditions are favorable or convert a traditional IRA to a Roth IRA in a year where your adjusted gross income (AGI) is low, taking the tax hit while you'r...

7 Taxes Retirees Must Consider

Giving to Charitable Foundations

3 Top Retiree Tax-Planning Mistakes

Small business owners, sole proprietors, independent contractors and the self-employed are eligible for financial assistance through the federal Paycheck Protection Program, which will extend as much as $349 billion in forgivable loans to enable some businesses to pay employees during the coronavirus crisis.

Gyms and fitness centers across the U.S. are closed amidst the coronavirus outbreak, but there are many exercises that can be done at home to help people who are sheltering and maintain their fitness goals. Some gyms are even offering free live-streaming classes.

Staying at home during the coronavirus outbreak can help you avoid contracting the potentially deadly pathogen. Arming your immune system and creating a natural shield by eating foods rich in essential vitamins, minerals and antioxidants can help you fight off an infection, whether it is COVID-19 or other viruses and bacterium.

The societal response to the Covid-19 outbreak in the United States has led to most people practicing social distancing, and large segments of some states’ populations essentially in social isolation. Spending more time than usual indoors and away from social situations, and the lack of facetime with friends is something many people are struggling with. Time alone without that social outlet is for some people new, uncomfortable and even scary.

With the current coronavirus outbreak going on around the world, many employees are being forced to work from home to support “social distancing.” While this may come easy for some companies or employees, others might not be used to this new work environment.

When young people beat you up for telling them the truth about the coronavirus - that they, too, can acquire the disease, need hospitalization, and die from COVID-19 if they don't practice social distancing - we're in another kind of pandemic. This one is of immense selfishness, recklessness, and at this extreme, criminality. The beating in the head with baseball bats of a 61-year-old father ...

TAMPA, Fla. - Tom Brady said that he knew before the start of the 2019 season that it would be his final one after 20 years with the New England Patriots. "I don't think there was a final, final decision before it happened," Brady said Wednesday during an interview on the Howard Stern Show. "But I would say I probably knew before the start of last season that it was my last year. I knew that ...

The Trump administration intends to block Iran's application for a $5 billion emergency loan from the International Monetary Fund. Tehran claims it plans to spend the money on dealing with the coronavirus epidemic. But the U.S. has excellent grounds for rejection: It is confident a loan would make it easier for the regime to continue financing its vast network of terrorist groups and proxy ...

A coalition of about 50 labor groups is asking congressional leaders to reject Uber Chief Executive Dara Khosrowshahi's proposal for a new legal category that would allow the company to keep treating its workers as independent contractors while affording them partial employee benefits. In a letter sent Wednesday, the organizations - which include the National Employment Law Project, AFL-CIO, ...