Newspaper Archive of
Indian Valley Record
Greenville, California
September 8, 2010     Indian Valley Record
PAGE 22     (22 of 40 available)        PREVIOUS     NEXT      Full Size Image
PAGE 22     (22 of 40 available)        PREVIOUS     NEXT      Full Size Image
September 8, 2010

Newspaper Archive of Indian Valley Record produced by SmallTownPapers, Inc.
Website © 2020. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal.

12B wednesday, Sept. 8, 2010 Bulletin, Progressive, Record, Reporter TAXES, from page 11B Capital gains rates- Also as part of the Bush era cuts, the capital gains rates were substantially reduced, but will return to their old levels of 10 percent for anyone in the 15 percent regular tax bracket and 20 percent for all others. That is up from zero percent and 15 percent in 2010, This will impact investors, busi- ness owners and homeowners when they sell a capital asset. Earned income credit- This refundable credit currently has four categories of low-in- come working taxpayers, with the credit increasing as the number of children increase, up to three or more. In 2011, the "three or more children" category will go away, and tax- payers with three or more chil- dren will have to use the two or more category. This can re- duce the credit for low:income taxpayers with three or more children by up to $600. Child credit - The tax law provides a tax credit for each of a taxpayer&apos;s children under the age of 17. This credit will drop to $500 (was $1,000 in 2010) per child. Since this credit phases out for higher- income taxpayers, it will gen- erally impact lower-income taxpayers. Standard deduction - In 2010, the standard deduction of taxpayers filing married joint status is twice the amount of someone filing un- der the single status. Begin- ning in 2011, the so-called mar- riage penalty is back: joint fil- ers' standard deduction will be only 167 percent (instead of 200 percent) of the single amount. For a married couple in the 28 percent bracket, the result is additional tax of about $525. Coverdell Accounts - The contribution limit to Coverdell education savings accounts will be reduced from $2,000 per year to $500, tax-free distributions will no longer be allowed for elementary and secondary education (only post-secondary education), ed- ucation credits will not be al- lowed in the same year as a Coverdell distribution, and contributions cannot be made to Coverdell account and Sec 529 in the same year. Home Energy Improvement Credit - The $1,500 credit for making improvements that in- crease the energy efficiency of a taxpayer's home expires af- ter 2010. Estate Tax- The estate tax, which was eliminated for 2010, returns in 2011 with an exemp- tion of $1 million dollars (down from $3.5 million in 2009), and maximum tax rate 55 percent, up from 45 percent. On top all these changes, there are the Health Care pro- visions that are taking effect 2013, including the following: increasing the medical deduc- tion floor to 10 percent for most individuals (up from 7.5 percent), adding a 3.8 percent unearned income surtax to high-income taxpayers, and tacking on an,additional .9 percent tothe current 1.45 per, cent hospitalization insurance portions to the FICA withhold- ing (or the SE tax in case of self-employed individuals). The surtax and additional HI withholding apply to income in excess of $250,000 for mar- ried joint filers, $125,000 for married individuals filing sep- arately and $200,000 for others. Events Around Plumas County Sept. 8 Graeagle: Concert at the Millpond featuring an encore of the Coyotes, 6-9 p.m. For information, 836-2414. Sept. 9 Quincy: Farmer's Market, 5 p.m.-dusk, at Main and Church St. on the school district lawn; local and regional arts and crafts, music and more. Contact Eva Rocke at 229-4009 or Quincy: Beginning watercolor, 5 - 8 p.m., Thursdays through Sept. 30; instructor Carla DeBoer; 436 Main St.; $120 student. For information, Main Street Artists, 283-1909. Sept. 10-11 Chester: 24th annual Street Rod Extravaganza; Friday-registration and car show; Saturday-car show, poker run and Chester Park. For information, 258-2426. Sept. 10-12 Greenville: Annual Patriots Day Ride; national 100 mile horse endurance ride by Rotary Club; Coppercreek Camp. For information, 284-6328 or Sept. 10 Chester: Second Fridays; art, food, music. Fo information, 258-2426. Beckwourth: Sierra Valley Farmer's Market, 10 a.m. - 2:30 p.m.; chef demonstration by Sean Conry, Longboards Bar & Grill, noon. For information, 832-0114. Sept. 11 - 15 Graeagle: High Sierra Painting Workshop, Elwell Lakes Lodge, Gold Lake Road. Watercolor and acrylic painting with Margie Miller beginning and advanced. Cost includes shared lodging and dinners. For information, Sugie Barker, 836-2347 or e-mail .......... Sept. 11 Taylorsville: Sierra Institute Tour: A Taste of the Season. Visit local farmers, learn about benefits of local foods, taste tour. Tickets, $50 per person, $95 per couple. Start time: 9:30 a.m. For reservations, information 284-1022 or Greenville: Annua I spaghetti dinner, 5 - 8 p.m., St. Anthony's. For information 284-6582. Graeagle: NorCal Tea Party Patriots meeting. 7 - 8:30 p.m., Graeagle Fire Hall. For information, Maureen and Bob Tarantino, 836-0106 or Sandy and Dave Hopkins, 823-2310. Quincy: Plumas Arts membership gathering, Dame Shirley Plaza, potluck picnic, music by The Blazers. For informa- tion, 283-3402. Delleker: Annual PSREC member meeting, activities begin 10 a.m., 73233 Highway 70. Registration, 10 - 12:30 p.m. Eastern Plumas Health Fair, Sustainable Community Expo, children's activities, Elks bingo, 10 -11:45 a.m. Lunch served 11 a.m.- 12:30 p.m.; meeting registration required. Photo Contest, Youth Tour, Y.E.S. Camp and schol- arship winners presentations, noon. Annual meeting begins 12:30 p.m. Vinton: Afternoon Tea, Soroptimist and CattleWomen fundraiser, "A Historical and Personal View of Women in the Sierra Valley, 2 - 4 p.m., Grange Hall. Light fare, cookies, tea or coffee. Historical clothing encouraged. Tickets, $20. For information, Joan Zurawski, 836-1165 or Shirley Wiggin, 993-4683. Sept. 12 Beckwourth: Annual Rotary Fly-in Breakfast; 7- 11 a.m., Nerving airport. $10, adults; $$6, under 12. Free drawing ticket for each advanced ticket purchase and each canned food item. Drawing for 2010 Polaris Sportsman 400 quad and more. All you can eat breakfast; gin fizz booth. Music by Code Bluegrass. For information, rotaryclubof or 832-6800. Sept. 13 Quincy: Quincy Natural Foods workshop, Composting and Yermiculture, by master gardener Noreen Thompson, 5:30 - 7 p.m. Sign up at QNF. Member-owners, $5, all others, $8. For information, Jamie Huynh, 283-2458. Sept. 15 Graeagle: Free concerts at the Millpond featuring a jam session, 6-9 p.m. For information, 836-2414. Sept. 17 - 18 Quincy: Beamer Bash motorcycle rally, county fairgrounds. For information, 283-6272. Sept. 17 Taylorsville: Community Supper, Taylorsville Methodist Church social hall. For inforation, 207-3120. Portola: Words & Music, 7 p.m., Feather River Community Arts Center. Sign up for open mike at the door. Admission $3. For information, 283-3402. Sept. 18 Taylorsville: Story Fest. For information, 283-3402. Sept. 19 Quincy: Square dance lessons begin, 6 - 8 p.m., Community United Methodist Church, 282 Jackson. $5, casual dress, refreshments. **To include free or nonprofit, fundraising, educational or charity events in this calendar, e-mail or call Mona Hill at 283-0800. For sporting events, including charity golf tournaments, call Shannon Morrow at 283-0800 or e-mail smrrw@plumasnews'cm" We will publish the name of the even location, date, time and a phone number. l 1 1 1 1 1 1 1 1 1 1 1 1 1 SENIOR. MENU Monday, Sept. 13 | Stuffed green pepper, carrot/ raisin salad, bran muffin, | For the nutrition site in your fruit cup: oranges, apples, area call: Chester, 394-7636; bananas | Quincy, 283-0643; Greenville, 284-6608; Tuesday, Sept. 14 | Portola, 832-4173; Hot roast beef sandwich, Blairsden, 836-0446, 832-4173. carrot coins, cole slaw, | Suggested lunch donatioff pineapple jello price is $2.50. One guest may | accompany each senior, Wednesday, Sept. 15 $6 mandatory charge. Turkey & veg pasta, green i,. 1 l l l i Gram 1 1 atom l 1 l i 1 1 1 1 1 1 Ill pea salad, whole wheat roll, citrus fruit compote I Thursday, Sept. 16 1 Baked fish, steamed spinach, leafy green salad, whole | grain roll, fruit cobbler Friday, Sept. 17 | Brunswick stew: chicken, | pork, potatoes, peas & carrots, french roll, strawberries/ice t cream m mmm mmm 1 mmm i l "i Red House Art to i o. r 00uild Red House Art Gallery (proprietors Brian and Toni Carl) will host the Mohawk Valley Artists' Guild on Tuesday, Sept. 14, at 6 p.m. Learn about the artists the gallery features and enjoy a refreshment ortwo with fellow art supporters. The guild welcomes newcomers and encour- ages the public to come and find out about MVAG. Members need not be artists to be mem- bers of this creative group. For information, contact Marian Haid at 836-1399. Photo by Linda Cooley Republicans announce grand opening, of new headquarters The Plumas County Republican Central Committee has announced the grand opening of its campaign headquarters. Members invite the public to join them Wednesday, Sept. 8, at 501 Main St. in downtown Quincy between 5 and 7 p.m. For more information on how to get involved or to voldn- teer, contact Valerie Flanigan, 283-1116. BEST Burgers in Chester First Thursday of every month "Martini Madness" Open bowling 6 days a week Full bar Easy walking distance i Karaoke every Friday 2 Full-size Brunswick pool tables Kids' arcade Golf Lessons w/Tim M< (by appointment) Almanor Bowling Center 376 Main St., Chester 258,4300 Dan Logue to at Te00l Party Assemblyman Dan Logue will be the guest speaker at the NorCal Tea Party Patriots' next meeting Satur- day, Sept. 11, 7 p.m. at the Graeagle Fire Hall. Logue will speak about California cap-and-trade legislation. Assemblymen Ted Gaines and Roger Niello, who are r.unning for the Republican nomination for Dave Cox's seat, will also be there. The Tea Party group also has meetings scheduled for Sept. 25, Oct. 9 and Oct. 23. For more information, call Maureen and Bob Tarantino at 836-0106 or Sandy and Dave Hopkins at 823-2310 or 836-2437. The group maintains a website at norcalteaparty Our community benefits from PLUMAS The Lodge Dinner Wed-Sun 'AT WHITEHAWK RANCH Bar 3pm Dinner 5pm RESORT INN AND RESTAURANT Wed Nite: Burgers, Brews & BBQ Sun: Prime Rib & Full Menu Wed-Sun: Golf & Dine 985 WHITEHAWK DR., WHITEHAWK (NEAR CLIO) 530-836-4985 SARDINE LAKE RESORT Cocktails in the gazebo Boat- Fine Dining  Reservations requested 862-1196 Closed Men  Tues At the base of the Sierra Buttes GREENHORN CREEK I Now includes GUEST RANCH I ] Ali-You'Can-Eat Ribs & Chicken 41gJ- Fridays only 5:00 - 8:30pm lO miles East of Quincy - 283-0930 Carol's Cafe & West Shore Deli Open 7 days a week Breakfast: 7:30am - 2pm Lunch 11am-2pm Serving dinner Sunday nights only Reservations Recommended 259-2464 2932 Almanor Dr,, West Prattville @ Lake Almanor