December 23 2009
Issues beyond our comprehension As we near the end of the year, many taxpayers review their financial and tax situations to see if there are any steps that can be taken to reduce their tax bill. There are multitudes of ways to decrease a tax bill. Many of them I have gone over in the past few weeks, such as paying property taxes by December 31. This will then qualify you to receive a 2009 deduction. That deduction reduces the tax bill by the tax rate of the taxpayer. For example, a taxpayer in the 25% tax bracket pays a $1,000 property tax bill in December. This payment will save him $250 in taxes, or $1,000 times 25%. That’s how a deduction works. Your actual tax savings are based on the highest tax bracket of the taxpayer. Our tax system is based on the fundamental that the more income a taxpayer has, the more tax he will pay but the more the deductions are worth. It is an outright fallacy when you hear anything different. The fact is the more income a taxpayer has, the higher will be that taxpayer’s tax bill. For example, two taxpayers under the age of 65 with no children and filing a joint tax return will pay zero tax on the first $18,700 of income they report. The next $16,700 of income is taxable at 10%. If the taxpayers’ total income was $35,400 ($18,700 plus $16,700), their total tax will be $1,670. The next highest tax bracket is 15%. The 15% tax bracket extends from the end of the 10% tax bracket at $16,700 all the way up to $67,900 of income, so the next $51,200 is taxed at 15%. If the taxpayers’ total income was $86,600 ($18,700 plus $16,700 plus $51,200), their total tax will be $9,350. I want to include in this example the 25% tax bracket. The 0%, 10%, 15% and 25% encompass the large majority of all tax returns filed. The 25% tax bracket extends from the end of the 15% tax bracket at $67,900 all the way up to $137,050, so the next $69,150 of income is taxed at 25%. If the taxpayers’ total income was $155,750 ($18,700 plus $16,700 plus $51,200 plus $69,150), their […]
‘Give Kids a Smile Day’ designed to bring dentistry to underserved children Give Kids a Smile Day is one way the dental profession is responding to oral health issues among our nation’s poorest children. In the past few years there has been a marked increase in awareness of this issue, due in part to the public becoming more educated about the relationship between oral health and overall health. You may read more about this at www.ada.org. On Friday, Feb. 5, thousands of dentists across the country will be donating their time and services to participate in the eighth annual Give Kids a Smile Day, and Frey Family Dentistry in Belmont is happy to be participating in this program. Dr. Frey and his staff will be donating their time, skills, and the supplies necessary to provide underserved children (age 14 and under) with free complete oral exams, cleanings and preventive fillings (sealants). The event will begin at 8 a.m. at Frey Family Dentistry, 6220 Jupiter Ave., Belmont. All appointments are scheduled in advance. Parents are strongly encouraged to register their children over the telephone at (616) 222-0202 to ensure their treatment on Feb. 5. Further information may be found online at www.freydental.com.
Bothma finished the 50-yard freestyle with a time of 22.79, which was one hundredth of a second faster (22.80) than outstanding swimmer Sam Schulze of Grand Haven. Bothma now has two state times, the first earned in the 100-yard freestyle (49.99) at the December 8 meet against Byron Center. Devries swam the 100-yard butterfly with a state time of 55.52, almost four seconds faster than the next contender. Devries is the defending conference champion for this event. The Rams’ next meet is on Thursday, Jan. 7, at Grandville, starting at 6:30 p.m.
On Wednesday, Dec. 16, the Rockford Rams wrestling team traveled to Jenison for a dual meet against Division I’s 10th-ranked team. In the 130-pound match, Rockford senior Jake Byers once again showed his dominance, this time wrestling against Jenison’s Nick Lovell. In typical fashion, Byers scored early and often on his way to winning a 17-1 technical fall, giving the Rams an early lead in the team score. The next two matches saw Drew Scogg (135 pounds) and younger brother Austin Scogg (140) fall to their opponents in minor decisions, giving the Wildcats their first lead of the dual meet, with a 6-5 team score. At 145 pounds, Bruce Carlstrom used 2:43 seconds to pin Caleb Wyma and help the Rams recover the lead, 11-6. At 152 pounds, the Wildcats closed the gap with a 15-6 Trevor Dunham win over Rockford’s Sam Williams. At 160 pounds, Mitch Pierce scored an exciting 4-2 overtime win over Rockford’s Robby Gorton to give Jenison a 13-11 lead, which would prove to be their final lead of the meet. Rockford’s Jake Dorulla (171) and Jake Johnson, wrestling up at 189 pounds, scored back-to-back technical falls, giving the Rams a 21-13 lead. Rockford continued building their lead with a 5-1 decision by Zach Banaszak over Jenison’s Pat Rieg, and an 18-second pin by Joe Stefanski over Matt VanOpstall, giving the Rams a 30-13 lead with four matches left to be wrestled. Jenison voided the 103-pound weight class, allowing Rockford to use Tyler VanRooyen at 112 pounds against Jenison’s Trent Samuels, who was ranked second in Division I. VanRooyen, who was ranked fourth in the state at 103 pounds, fell behind when Samuels was awarded an early takedown. VanRooyen scored his first point when he escaped late in the first period. The second period ended with the score still 2-1, as neither wrestler could gain an advantage. In the third, Rockford’s “Mighty Mite” escaped for one point, tying the score at 2 each. As time was running out, VanRooyen met the challenge, taking Samuels down and giving him a 4-2 advantage. Samuels received the final point of the match on a technical violation when VanRooyen illegally locked his hands. This gave Rockford a 39-13 lead with two matches remaining. Cullen Maksimowski […]