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Coming Soon...
Wednesday, Jun 20
11:00 AM Guided Tours of Ironstone Vineyards
Thursday, Jun 21
11:00 AM Guided Tours of Ironstone Vineyards
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
Friday, Jun 22
11:00 AM Guided Tours of Ironstone Vineyards
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
05:00 PM Angels Camp Farmers Market
05:30 PM Friday Night Music at Alchemy
Saturday, Jun 23
All Day Exotic Bird Show
09:30 AM North Grove Photography Walks at Big Trees State Park
10:00 AM The Big Senior Expo & Health Fair is June 23rd
10:00 AM Old Timers Museum Walking Tours Are Every Saturday at 10am.
11:00 AM Strawberry Festival
11:00 AM CBTA Annual Meeting and Picnic June 23 @ 11:00 am - 1:30 pm
11:00 AM Guided Tours of Ironstone Vineyards
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
04:00 PM Summer Solstice Fundraiser Dinner
05:00 PM The Hwy 4 Blues Band is coming to the Cameo Plaza
08:00 PM Twisted Folk Concerts Continue with Della Mae plus Jeremy Kittel & Co! at Twisted Oak Winery June 23
Sunday, Jun 24
All Day Exotic Bird Show
11:00 AM Sunday Funday at Ironstone Vineyards
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
Wednesday, Jun 27
11:00 AM Guided Tours of Ironstone Vineyards
05:00 PM The Second Murphys Complete Streets Workshop is June 27
05:30 PM Locals' Night with Milliaire
Thursday, Jun 28
11:00 AM The 17th Annual Art in the Park, Art Show & Sale
11:00 AM Tumbling Clinic At Big Trees Fitness
11:00 AM Guided Tours of Ironstone Vineyards
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
Friday, Jun 29
All Day Make Plans, Mark Your Calendars for the Hawaiian Shirt Sale at CHS Thrift
All Day The 17th Annual Art in the Park, Art Show & Sale
Until 01:00 PM Tumbling Clinic At Big Trees Fitness
11:00 AM Guided Tours of Ironstone Vineyards
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
05:00 PM Angels Camp Farmers Market
05:30 PM Friday Night Music at Alchemy
06:00 PM Cooking Class at Marisolio Tasting Bar- Salad Soiree
Saturday, Jun 30
All Day Make Plans, Mark Your Calendars for the Hawaiian Shirt Sale at CHS Thrift
All Day Exotic Bird Show
07:30 AM Arnold Lions Pancake Breakfast Fund Raiser
09:30 AM North Grove Photography Walks at Big Trees State Park
10:00 AM Bradley Grove and More History of Calaveras Big Trees- Seminar June 30 @ 10:00 am - 12:00 pm
All Day The 17th Annual Art in the Park, Art Show & Sale
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
Sunday, Jul 1
All Day Exotic Bird Show
All Day The 17th Annual Art in the Park, Art Show & Sale
11:00 AM Sunday Funday at Ironstone Vineyards
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
12:00 PM Sierra Nevada Logging Museum Open Thurs - Sun
Monday, Jul 2
All Day The 17th Annual Art in the Park, Art Show & Sale
11:30 AM Hip Hop Summer Dance Camp & Perform in 4th of July Parade
Tuesday, Jul 3
All Day The 17th Annual Art in the Park, Art Show & Sale
All Day Hip Hop Summer Dance Camp & Perform in 4th of July Parade
07:00 PM Counting Crows "25 Years & Counting" Tour Coming to Ironstone Amphitheater July 3rd

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Posted by: thepinetree on 12/28/2017 11:06 AM Updated by: thepinetree on 12/30/2017 10:55 AM
Expires: 01/01/2022 12:00 AM
:

Tax Cuts & The Jobs Act 2017 & What It Means For You! ~ By Gail Lee, EA

Arnold, CA...After much debate and wrangling, Congress has given us long awaited changes in how Americans are taxed. Most changes are effective on January 1, 2018. Here are some highlights of many changes as we all prepare for planning opportunities.




The increase in standard deductions for personal income tax returns will enable most people to file their taxes without having to itemize deductions. The standard deductions are $12,000 for single tax payers, $18,000 for head of household, and $24,000 for married filing jointly. Those who continue to itemize will be facing new limits. Among allowed deductions are: qualified medical expenses above 7.5% of adjusted gross income for 2018 (increases to 10% in 2019); local income, sales and property taxes limited to $10,000; qualified charitable contributions up to 60% of income; interest on an acquisition mortgage up to $750,000 but no deduction for home equity loans; personal casualty and theft losses only deductible if covered by specific federal disaster declarations; moving expenses only allowed for Armed Forces personnel.

The miscellaneous deductions that were subject to a limit of 2% of income are all gone. Among those are: tax preparation fees; unreimbursed employee expenses; financial advisor fees, and investment interest expense.
Some taxpayers may benefit from paying their property tax before the end of the year. Check with your tax advisor to see if this might be beneficial. Restrictions apply, so plan carefully.

There are no more personal exemptions, but families with children under 17 will see an increase in the child tax credit to $2,000 each. In addition, qualifying dependents who are not qualifying children are allowed a nonrefundable $500 credit each. Phase out income levels have been expanded.

The loss of personal exemptions is offset by lower tax rates. There are still 7 tax brackets, but the rates are lower and income levels have changed. Of the comparisons I have made for my clients, 80% have seen a reduction in their tax. Check with your tax advisor to see how you might do under the new plan.

The individual mandate of the Affordable Care Act goes away on January 1, 2019. Until then, those who have no minimal essential health insurance coverage will be subject to penalty unless an exemption applies.
The corporate tax rate has dropped from 35 % to 21%. “Pass through entities” will be able to deduct 20% of qualified business income from their taxable income. (There will be no reduction of income subject to self-employment tax.) This also applies to sole proprietors. One big change for businesses is the disallowance of business entertainment expenses. Business owners may still take customers to lunch, but they will not be allowed to deduct the expense.

As details are worked out, guidelines from the IRS should soon be available. Withholding tables will be released, and most taxpayers will see a reduction in federal tax withholding from their paychecks.


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