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N. Warren Town and County News
Norwalk, Iowa
February 25, 2016     N. Warren Town and County News
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February 25, 2016

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I Thursday, February 25, 2016 N/Warren Town and County News Page Nine Senator Garrett visits with local Farm Bureau members Gustafson Hosts Iowa Friends Members Senator Julian Garrett, R-Indianola, met with members of Warren County Farm Bureau and Madison County Farm Bureau on Wednesday during Farm Bureau Day at the Capitol to discuss the budget and water quality issues. Pictured, left to right, Dan Hanrahan (Warren Co.), Gary Deniston (Warren Co.), Senator Garrett and Jeff Koch (Madison Co). Photo submitted. Higher Education Tax Benefits As families and college students prepare to file their 2015 Income Tax returns, the Iowa College Student Aid Commission (Iowa College Aid) would like to remind those paying college costs or repaying federal student loans to take advantage of federal higher education tax benefits to reduce their tax obligations. Eligible students and families can save thousands of dollars by taking advantage of tax credits which reduce federal income taxes owed, and deductions which reduce a taxpayer's taxable income. "Studies have shown that only about one-third of families with college expenses actually take advantage of tax benefits, potentially leaving money on the table," stated Karen Misjak, executive director of Iowa College Aid. "We want to make sure that Iowans are aware of the money-saving tax benefits for students and families who paid college expenses last year." Tax-payers can refer to IRS Publication 970, recently ,,Yeabi 2fKS,a/ d. designed: pec:ifically for advising families and students on Tax Benefits for Edu- cation. Receiving a Tuition Statement (also known as Form 1098-T) will help tax-tilers take advantage of avail- able benefits and deductions including: American OpportunityTax Credit. This credit helps parents and students pay for college education by giv- ing them a credit up to $2,500 per student for tuition and fees, books, supplies and equipment. Forty percent of this credit may be refundable. This means that if the refundable portion of the credit is more than the taxes owed, the excess will be refunded to the filer. Lifetime Learning Credit. Taxpayers may be able to claim a credit up to $2,000 per tax return for college tuition, fees and supplies paid directly to the educational institution. Unlike the American. Opportunity Tax Credit, the Lifetime Learning Credit is not refundable. This credit can be used annually for all years of postsecondary education and for courses to acquire or improve job skills. Taxpayers cannot claim both a Lifetime Learning Credit and an American Op- portunity Credit for the same student in the same year. Only one credit can be claimed, but not both. Student Loan Interest Deduction. This deduction enables eligible student loan borrowers to reduce their taxable income, up to a maximum of $2,500, based on the amount of student loan interest paid during the tax year. Student loan interest is interest that was paid dur- ing the year on a qualified student loan. It includes both required and voluntary interest payments. Tuition and Fees Deduction. Tax payers can reduce the amount of their income subject to tax by up to $4,000 for qualified educational expenses paid in 2015 includ- ing tuition, fees, and amounts required to be paid to the educational institution for course-related books, sup- plies and equipment. Iowa College Aid recommends students and fami- lies consult with a professional tax advisor or the IRS to determine eligibility for the tax benefits. In addition, more information about Iowa College Aid and its prod- ucts and services that help Iowa families plan, prepare and pay for college can be found at www.Iowa CollegeAid.gov. By sowing frugality we reap liberty, a golden harvest. -Agesilaus Recently, Rep. Stan Gustafson (R-Cumming) hosted Kelly Kentner, of Des Moines, and Ginger Mrzena, Kaflene Kentner, and Vicky Brenner, all of Winterset, to the floor of the Iowa House of Representatives. The group was visiting the Capitol to talk to legislators as part of Iowa Friends of Companion Animal's Lobby for Dogs Day, where they advocated for changes to Iowa law regarding dog breeders. Pic- tured are Kelly Kentner (Des Moines), Karlene Kentner (Winterset), Ginger Mrzena (Winterset), Rep. Stan Gustafson (Cumming), and Vicky Brenner (Winterset). Photo submitted. Ag Weed, Insect, Plant Disease Course Iowa State University Extension and Outreach War- ren County will offer a re-show of the Commercial Ag Weed, Insect and Plant Disease Management Continu- ing Instruction Course (CIC) for commercial pesticide applicators Wednesday, March 2, at 909 East Second Avenue, Suite E, Indianola. Registration begins at I p.m. and the course will be held from 1:30 until 4 p.m. The re-show registration fee is $45 on or before March 1 and $55 after March 1. To register or to obtain additional information about the CIC, contact Kathryn Pierson at 515-961-6237. The course will provide continuing instruction credit for commercial pesticide applicators certified in catego- ries 1A (Agricultural Weed), 1B (Agricultural Insect), 1C (Agriculture! Crop Disease) and 10 (Research and Demonstration).: 'Some of the topics to be covered in- clude: equipment calibration and safe application tech- niques; pesticide drift reduction; pest management and pesticides; and phytotoxicity. Certified Crop Adviser (CCA) Continuing Education Units (CEUs) in Pest Man- agement will be offered at this program. Any interested participant should bring his or her CCA number for the CEU sign-in sheet. Additional information and registration forms for this and other courses offered by the Pesticide Safety Edu- cation Program (PSEP) program may be accessed at www.extension.iastate.edu/PSEP. Ornamental and Turfgrass Applicators Course Iowa State University Extension and Outreach War- ren County will offer the Ornamental and Turfgrass Applicators Continuing Instructional Course (CIC) for commercial pesticide applicators Wednesday, March 2. The program can be seen at 909 East Second Avenue, Suite E, Indianola. Registration begins at 8:30 am and the course will be held from 9 until 11 a.m. The registration fee for this CIC is $35 on or before March 1 and $45 after March 1. To register or to obtain additional information about the CIC, contact Kathryn Pierson at (515) 961-6237. The course will provide continuing instructional credit for commercial pesticide applicators certified in categories 30 (Ornamental Pest), 3T (Turf Pest), 3OT (Ornamental and Turf Pest) and 10 (Research and Dem- onstration). Topics to be covered include equipment calibration and safe application techniques, pesticide drift reduction, phytotoxicity, turfgrass management including disease control, ash tree treatment methods and pesticides, and nontarget effects of neonicotinoid insecticides. Additional information and registration forms for this and other courses being offered by the Pesticide Safety Education Program (PSEP) team can be accessed at www.extension.iastate.edu/PSEP. AY! ] Send $18 check or money order I for a one year subscription to orwalk, IA 50211 ANNUAL SAFE SPACE DAY Des Moines Area Community College (DMACC) rec- ognizes and celebrates the resilience of adult survivors of childhood sexual abuse and offers Safe Space. April 15 is Safe Space Day on all of DMACC's campuses. A conference is held at the Ankeny campus each year. The 6th annual Safe Space Day Conference will take be held in the FFA Enrichment Center on the DMACC Ankeny Campus from 9 a.m. to 5 p.m. on April 15. The conference is geared toward survivors, professionals, students who plan to work in the helping profession, and people whose lives are affected by living with an adult survivor. This year's theme is "Getting Back in the Body". The presenter for the day will be DMACC Psychology Pro- fessor Dr. Rosenna Bakari, creator of Safe Space Day and Executive Director of "Talking Trees," the first organi- zation to encourage living openly to heal from child- hood sexual abuse. Presentations will include Connect- ing to the Body with Wellness, Protecting the Body with Self-Defense, Restoring the Sexual Sell and an Evolu- tionary Theory of Sexual Violence, The cost of the conference is $40, which includes lunch. DMACC students can register for the conference for only $25 and attend with their student ID. Registra- tion is online through Continuing Education at: click here to register. News For Order Americans What To Do When Life Insurance Premiums Rise (NAPS)--If you are one of the American seniors facing ~ an increase in your life insur- i ance premiums, you may have more options than you realize. The Problem t " Several life insurance car- riers have raised rates for this year, some by as much as 200 percent. "Over the course of the A rise in insurance policy past few months, thousands premiums doesn't have to of policy owners have begun ~n I~tlng ~ pol~ lapse. receiving letters from their life insurance carriers, in- AnAnswer forming them that the corn- There is another way, how- patties will be increasing the ever: a life settlement--sell- 'cost of insurance' built into ing the policy to a third-party certain life insurance poli- investor for an immediate des," explained Darwin Bay- cash payment. Candidates ston, president and chief for life settlements are typ- executive officer of the Life ically aged 65 or older, with Insurance Settlement Asso- a life insurance policy that ciation (LISA). "This is an has a death benefit of more especially disturbing surprise than $100,000. for seniors, many of whom The sale can also help take trusted their insurance corn- some of the sting out of parties to stand by the annual increases in other retirement premiums they were quoted expenses such as health care at the time they agreed to costs. purchase the policies." This may be a more elf- The insurance companies cient and flexible solution have been notifying policy- than reductions in your ben- holders that they have three efits and, for many people, options: They can pay higher it's a better alternative than premiums in order to keep letting the policy lapse or sur- their existing death benefit, rendering it back to the they can maintain the same insurance company. premiums but sacrifice some Learn More of their death benefit on the For help deciding ff a life policy, or they can surrender settlement is for you, please the policy hack to the insur- visit www.lisa.org. To view a ance company for its nomi- video on this issue, go to nal cash value ...... www.lisa.org/options: ......