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Your Money: Two last-minute tax moves for your stock portfolio

Published Fri, 22 Nov 2024 08:55:06 GMT

Bruce Helmer and Peg WebbThere’s still time to take advantage of tax rules affecting stocks in your taxable portfolio or brokerage account that could help you save on taxes next April. But remember that the end of the year is fast approaching, and it takes time for stock transactions to settle.Make sure you leave about 10 days or more to make sure all of your tax-driven sales or purchases are recorded in 2023.First, let’s review the rules around capital gains and taxes on dividend or interest income.• On short-term capital gains (that is, investments that are sold within 12 months of purchase) and ordinary income, you’ll pay federal income taxes at rates up to 40.8%. This rate combines the top income tax rate of 37% plus the 3.8% Affordable Care Act (ACA) tax on net investment income (the so-called “NIIT rule”).• Long-term capital gains taxes are levied at rates from 0% to 23.8%, depending on your income.• You’ll also pay taxes on stock dividends at rates from 0% to 23.8%, depending...

Ulster County teacher arrested on misconduct charge

Published Fri, 22 Nov 2024 08:55:06 GMT

ESOPUS, N.Y. (NEWS10) -- A teacher in Esopus was arrested following a misconduct investigation involving a student, according to police. Ronnie Green, 70, of Ellenville, has been charged with official misconduct. Get the latest news, weather, sports and more delivered right to your inbox! On October 25, the Ulster County Sheriff's Office began an investigation into a reported inappropriate relationship between a teacher and a student at the Ulster Boces Career and Technical Center in Esopus. The initial investigation identified Green as the teacher involved, and the victim as being a 17-year-old student of Green. Police say further investigation determined that Green reportedly provided the student with a cell phone secretly in order to communicate with Green in private. Green then allegedly engaged in inappropriate sexual conversations with the 17-year-old. Jury convicts Schenectady man in fatal 2022 stabbing On December 7, Green surrendered himself to police and he was taken...

Many hit the slopes for winter fun at Catamount Mountain Resort

Published Fri, 22 Nov 2024 08:55:06 GMT

HILLSDALE, N.Y. (NEWS10) — As the temperatures drop, many winter sports enthusiasts are ready to hit the slopes. Even with the mild weather this weekend, that still didn’t stop one family from driving from New Jersey to Catamount Mountain Resort for their first day of skiing this season. Get the latest news, weather, sports and more delivered right to your inbox! “It’s great to be back on the snow again,” George Ebel said. “I really miss it.”Zack Sempier says he loves to ski and hopes today will be the first of many.“The dream is 20 times,” Sempier said. “But if we get 10, then I’ll consider that a win.”Many were out with their skis and snowboards, enjoying as much of the season as possible.Ian Tomasch is the Marketing Director at Catamount Mountain Resort, and he says the resort was very excited to open up earlier than expected—the earliest in the last 15 years.“Normally, we don’t open until early to mid-December. We opened November 30th this year, which is great,” We’ve had real...

Denver weather: Snow moves out Saturday after dropping over 7 inches in some western suburbs, foothills

Published Fri, 22 Nov 2024 08:55:06 GMT

Denver’s latest snowstorm moved out of the area early Saturday morning, leaving in its wake over seven inches of snowfall in some western suburbs and foothills.Denver received right around the forecast two to three inches of snow with 2.8 inches by Saturday morning.Slick, snow-covered roads will stick around most of the Denver metro area and western foothills as temperatures will stay chilly Saturday. Forecasters at the National Weather Service in Boulder advised drivers to be cautious west of Interstate 25 and into the mountains.Areas with the most snow in the Denver metro area were suburbs like Ken Caryl with 9.7 inches, Golden with 7.8 inches and Lakewood with 7.3 inches.The Boulder area also received a lot of snow, with the city getting 8.3 inches and Nederland getting 10 inches.Crescent Village in southern Boulder County received the most snow, according to the National Weather Service, with 14 inches falling by 8:45 a.m.The mountains are still likely to get a little more...

2 winning Mega Millions tickets sold at the same SoCal gas station share jackpot win 

Published Fri, 22 Nov 2024 08:55:06 GMT

Southern California may have a new lucky spot when it comes to buying lottery tickets. A Chevron station in Encino, located at 18081 Ventura Boulevard, sold not one, but two winning tickets that matched all six numbers in Friday night’s drawing plus the gold Mega Ball, according to a press release from lottery officials. The prize had grown to $394 million – which equates to about $188.6 million in cash – since it was last won in Texas by a South Dakota-based trust on Oct. 6, Mega Millions said.  Strong winds trigger Red Flag Warning for parts of SoCal In addition to the two grand prize winners in Encino, there were 715,952 winning tickets across all other prize tiers for Dec. 8’s drawing. “Across all prize tiers, there were almost $10.5 million winning tickets during this 18-drawing jackpot run,” lottery officials said. 2023 has been considered “highly unusual” for Mega Millions, as it is the first time in a decade that ten jackpots have been one in the same calend...

Prep roundup: Clayton Valley Charter and De La Salle basketball among Friday’s winners

Published Fri, 22 Nov 2024 08:55:06 GMT

Boys basketballClayton Valley Charter 70, San Ramon Valley 60Clayton Valley Charter’s explosive backcourt was too much for San Ramon Valley to handle at the Gridley Invitational. James Moore scored 20 points for the Ugly Eagles, and teammate Elijah Perryman had 15 points and 11 assists.Matthew Diekmann led SRV with 17 points, and Seamus Deeley had 15 points and nine rebounds. Elliott Conley also scored eight points for the Wolves. St Joseph-Santa Maria 82, St Francis 56Five-star junior wing Tounde Yessoufou entered Friday averaging 37 points-per game for St. Joseph, and raised his scoring average with a 42-point night against St. Francis in Mountain View. Teammate Julius Price scored 16 points as the visitors ran past the home team. Salesian 82, Clovis North 56Alvin Loving IV scored a team-high 18 points, grabbed eight rebounds and had five assists in another dominant victory at the Gridley Invitational. Deundrae Perteet scored 15 and had eight rebounds too.Salesian also got nine po...

Update: Barricaded police detective arrested after second Pleasant Hill standoff in three days

Published Fri, 22 Nov 2024 08:55:06 GMT

PLEASANT HILL — The retired detective who barricaded himself inside his Pleasant Hill home after allegedly shooting and injuring his wife was taken into custody Saturday morning, authorities said — concluding a confusing police response that included two standoffs over three days.The arrest came shortly before 9 a.m., about four hours after he allegedly opened fire at police stationed outside his home. No injuries were reported.Few details on the arrest were available Saturday morning.A shelter-in-place order was lifted for the Sherman Acres neighborhood, which had been locked down since Thursday evening.The Central County SWAT team and crisis negotiators attempted to speak with Chunliam Saechao, a 40-year-old retired detective from the Pittsburg Police Department, throughout the night, according to a Pleasant Hill press release.Rather than surrender, police said around 5 a.m. that Saechao fired numerous shots from a rifle and shotgun at nearby armored police vehicles from ins...

Morgan Hill police investigating burglaries committed by armed suspect

Published Fri, 22 Nov 2024 08:55:06 GMT

(BCN) -- Morgan Hill police are investigating burglaries committed by an armed suspect who was able to escape after a dangerous car chase with authorities.According to the Morgan Hill Police Department, officers on Thursday were alerted to a speeding vehicle with its alarm sounding on Depot Street around 2:20 a.m. Security guard dead after shooting in Oakland Upon arrival, officers saw the vehicle as it drove on Depot Street. They attempted to pull over the but its driver did not yield, police said. A car chase followed but ended quickly due to unsafe and reckless driving by the suspect driver, according to police.Morgan Hill detectives obtained video surveillance, which showed at least one of the suspects standing outside of the suspect vehicle while holding a handgun. They further learned the unknown suspect was driving an unreported stolen vehicle. According to police, they found out the unknown suspect committed at least seven vandalisms and vehicle burglaries on Depot Stre...

Dolphins place starting LB Jerome Baker on IR with knee injury; rule RG Rob Hunt out vs Titans

Published Fri, 22 Nov 2024 08:55:06 GMT

MIAMI GARDENS, Fla. (AP) — The Miami Dolphins are placing starting linebacker Jerome Baker on injured reserve with a knee injury, coach Mike McDaniel said Saturday.Baker injured his left knee in the second quarter of last week’s win over the Washington Commanders when teammate Brandon Jones took his legs out from under him while trying to tackle Washington’s Curtis Samuel. McDaniel said after the game it didn’t seem like a season-ending injury. But the team ultimately decided to put the sixth-year linebacker on injured reserve because of varying factors, including the expected timeline for Baker’s return and Miami’s need for a roster spot.“It was right on the fringe of yes or no with it,” McDaniel said Saturday. “And our starting point at that point in time was ‘We didn’t need to do it.’ But things change every day, which is why I don’t stamp anything that’s not known.”Baker is second on the team with 47 solo tackles and had 1 1/2 sacks and ...

Jude Bellingham scores again as Real Madrid held to draw at Betis

Published Fri, 22 Nov 2024 08:55:06 GMT

BARCELONA, Spain (AP) — Jude Bellingham scored again for an injury-depleted Real Madrid in a 1-1 draw at Real Betis in the Spanish league on Saturday.The 20-year-old England midfielder used his chest to cushion a nifty pass from Brahim Díaz before slotting under Betis goalkeeper Rui Silva to open the scoring in the 53rd minute.Bellingham’s transformation into a clinical finisher with a league-leading 12 goals has kept Madrid at the top of the standings. He has 16 goals in 18 games between the domestic competition and the Champions League, compared to 14 goals in 42 games in all of last season for Borussia Dortmund.Betis right back Aitor Ruibal equalized in the 66th from outside the right corner of the box with a powerful looping strike that sailed past goalkeeper Andriy Lunin.The draw left Madrid atop the table, but Girona was just one point behind before it visits third-placed Barcelona on Sunday in a clash of Catalan clubs.Both sides had late chances to snatch the victory. Former ...