CONNEAUT — The U.S. Marshals Service has seized property on Park Avenue in Conneaut after the property owner, Marc Mahoney, was convicted of various federal charges. Mahoney pleaded guilty to three counts of conspiracy to distribute and possess with intent to distribute controlled substances, one count of conspiracy to launder monetary instruments, one count of
CHARLESTOWN — Next year’s spending plan for Charlestown includes money to pay for new positions in the tax assessor’s office and at Ninigret Park and to fund a new contract between the town and the local ambulance service. The Town Council dug into the Budget Commission’s proposed $29.2 million budget at a three-hour special meeting
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Christmas has come early to the American taxpayers! One of the provisions of a recently passed tax law allows beneficiaries of certain education investments to perform a tax-free rollover to a Roth Individual Retirement Account (IRA) for their benefit. Why is this important? First, the excess education funds will be taxed to the beneficiary should
Reading time: 2 minutes You-Fan Chai, Manying Huang and Alaina Rhoades A team of three University of Hawaiʻi at Mānoa Shidler College of Business students won a national government case challenge, and each took home a $1,000 scholarship award. You-Fan Chai, Manying Huang and Alaina Rhoades spent several months analyzing data for a selected city,
Special to The McDowell News ASHEVILLE — Investment scams, including those involving cryptocurrency, are now the riskiest scam type, according to a new report from the Better Business Bureau. More than 80% of people who were targeted by this scam type reported losing money to BBB Scam Tracker. It also had the second highest median
WILMINGTON — In February, the town hall website added a position for finance director/town accountant. The post reads that the position is open until filled, and that it reports to the town manager and the Select Board. The proposed salary range is $112,967.05 through $142,948.76 depending on experience. The person appointed will serve as Chief
CHARLESTON – For the second year in a row, issues with property tax valuations for natural gas and oil-producing personal property continue to plague taxpayers. One county assessor and several property owners vented their frustrations Wednesday at a public hearing before the West Virginia House of Delegates regarding a separate bill to eliminate a sunset
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Capital-gains taxes occur when you sell an asset, like your home or a stock. They are paid to both the state and federal government. The government collects a percentage tax on the gain or profit of the asset while in your possession. As you think ahead to tax season, understand that taxes on capital gains were lowered