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Archive for August, 2009

Snow’s Cut, Carolina Beach State Park boat ramps won’t be closed at same time

Wednesday, August 19th, 2009

By Amanda Hutcheson, Citydesk@StarNewsOnline.com

After hearing from concerned residents and visitors, officials say they will not close the Snow’s Cut boat ramps at the same time as the Carolina Beach State Park boat ramps.

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Summer tips to help during tax season

Wednesday, August 19th, 2009

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You may not think sending your kids to day care or camp during the summer could actually put money back in your pocket. “Any money I can get back for putting my kids in childcare is a good idea,” said Dwann James.

Dwann is a working mom with four year old twins. During the school year, they were busy in pre-k so only were in day care part time, but come summer time, she needed full time help.

“It did go up to 220 dollars a month for my kids during the summertime,” she said.

James will get some of that money back when she gets her tax return. That is because for children under the age of twelve years old, parents can apply for a credit worth up to 35 percent of their daycare expenses.

“The credit is not a dollar for dollar credit, meaning you do not get to deduct every single dollar you have in childcare expenses,” said financial advisor Ross Marino.

And depending on how many children are in the family, parents can get anywhere from 3 to 6 thousand dollars. Mom, Lesley Whitby said, “That means more money in our pocket to spend on other things we need during the year.”

For those who rented houses to vacationers this summer, if you rented for 15 days, you may not have to report that income on your taxes. “Rental income may be offset by expenses, but it will be limited depending on how much you use the rental property,” said Marino.

These tax credits apply to the 2009 tax season. Financial advisors say the thought of getting reimbursed for expenses like childcare and rental property is one way to perk folks up during these tough times.

These credits depend on what you claim and how much money you make, so be sure to check with a tax professional to see if you qualify.

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videoDuring the dog days of summer, the last thing on most of ours minds is tax season. But, your summer activities may affect how much money you get back in the spring.

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Associated poll

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Back Then – Civil War vets to visit former enemies in 1909

Wednesday, August 19th, 2009

By Scott NunnScott.Nunn@StarNewsOnline.com

Members of the Fort Fisher Survivors Association were invited to Utica, N.Y. by the 117th New York Volunteers’ Association, after extending appreciated hospitality to the group during a Wilmington visit.

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UNCW scientist studying coral reef being proposed for protection

Wednesday, August 19th, 2009

By Brian SkoloffAssociated Press

The South Atlantic Fishery Management Council is pushing the proposal to protect the region, creating the largest deep water coral protected area off the Atlantic Coast.

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NC Lottery Commission orders full-service machines

Wednesday, August 19th, 2009

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RALEIGH — The North Carolina Lottery Commission has agreed to order up to 550 vending machines to sell more than instant tickets.

The News & Observer of Raleigh reported the commission agreed Tuesday to order machines that sell scratch-off tickets and tickets for the state’s three-, four- and five-digit drawings and the multistate Powerball game.

Grocery stores across the state already have the machines that sell instant tickets. Officials hope the new machines will get more national chains to sell tickets.

The company that handles logistics for the state’s games will provide the $20,000 machines, as well as 3,200 new terminals for retail establishments. In exchange, the lottery will extend its contract with GTECH by four years to 2017.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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The North Carolina Lottery Commission has agreed to order up to 550 vending machines to sell more than instant tickets.

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Associated poll

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