General information

ENEWS from the Bright Side Newspapers

Happy-Valentines-Day1Our latest enews is available at ENEWS from The Bright Side Newspapers.  Check it out for January and February events and happenings.  Accepting advertising and stories for our February Kennesaw and Acworth papers.  The deadline is Friday, January 25th.  Call us at 770-851-5469

Career Training Expo at KSU

Join the College of Continuing and Professional Education at Kennesaw State University on Thursday from 6 to 8:30 p.m. for our FREE Career Training Expo! Come learn about upcoming courses — including some NEW ones — and enter to win a free iPad2. We have something for everyone!
Visit ksuexpo.com to register and for more information.

Homeowner Tax Info – News You can Use in 2013

melissak– Extends through the end of 2013 mortgage debt tax relief; important rule that prevents tax liability from many short sales or mitigation workouts involving forgiven, deferred or canceled mortgage debt.
– Deduction for mortgage insurance extended through the end of 2013; reduces the cost of buying a home when paying PMI or insurance for an FHA or VA- insured mortgage; $110,000 AGI phase-out remains.
– Extends the section 25C energy-efficient tax credit for existing homes through the end of 2013; important remodeling market incentive, although the lifetime cap remains at $500.
– Reinstates the Pease/PEP phase-outs for deductions; for married taxpayers with AGI above $300,000 ($250,000 single), the Pease limitation reduces total itemized deductions by 3 percent for the dollar amount of AGI above the thresholds. This is a negative change for some high cost areas, but should only have small impacts. Example, a married household with $350,000 AGI would be $50,000 above the limit and must reduce their Schedule A total by $1,500 raising their taxes by about $500. Only a share of that would be due to the MID.

For more information call Melissa Krudwig, The Bear of Real Estate,  at 770-310-3269

ENEWS from The Bright Side Newspapers

Our latest enews is available at ENEWS from The Bright Side Newspapers.  Check it out for January events and happenings.  Accepting advertising and stories for our January Marietta/Powder Springs paper.  The deadline is Thursday, January 10th.  Call us at 770-851-5469