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Tuesday, January 27, 2015
The clock is ticking. 186 hours left to apply for the Goodcity Incubator Program!
Learn About the Anti-Eviction Campaign of Chicago and the DaddyDaughter Dance on WVON
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Please call 773.285.9600 for more
information.
Dangerous new scam update
Grand Crossing Park
Neighborhood Network
"...What YOU can do for YOUR Neighborhood"
Neighbors
and stakeholders,
The
internet inadvertently serves as a conduit for myth, rumor and urban legend.
There is a high likelihood that the I distributed in the "Dangerous Scam Alert"
is, in fact, simply urban legend, as some of my good neighbors have reminded me, as they
produced document which listed an identical story as a well known H-O-A-X
established back before Y 2 K! Trusting the source, as I did, I passed it along
like a Rookie Cop on Roosevelt Road!
But,... what we do know is the criminal mind is a beast, and is forever figuring, plotting and planning, using creativity to dupe, mimic, copy and utilize ideas and scams hatched in basements, garages and and jail cells. Then, voila, they creep from Pandora's box and experiment on the real world and innocents unaware.
There seems to be solid evidence that the practicality of such an exact method, as the one in that alert, is very moot, chemistry-wise, but it nevertheless can't be counted out as a ploy that many stupid, novice criminals may TRY to employ. Just because it doesn't work, textbook style, doesn't mean they won't try it. So, a word to the wise - stay on guard.
A recent neighborhood conference on "Molly" (Ecstasy) exposed us to what the local knit-wits are doing among teenagers, which is akin to the ploy in the mentioned scam. Then there's the newly discovered "25i" which has authorities nervous about possible abuses...
I thank my conscious and ever intelligent neighbors for the heads up. Let's always keep working together as a force for good. So, anyone who enjoyed smell shopping of perfumes and oils can breathe a little easier...but only a little.
But,... what we do know is the criminal mind is a beast, and is forever figuring, plotting and planning, using creativity to dupe, mimic, copy and utilize ideas and scams hatched in basements, garages and and jail cells. Then, voila, they creep from Pandora's box and experiment on the real world and innocents unaware.
There seems to be solid evidence that the practicality of such an exact method, as the one in that alert, is very moot, chemistry-wise, but it nevertheless can't be counted out as a ploy that many stupid, novice criminals may TRY to employ. Just because it doesn't work, textbook style, doesn't mean they won't try it. So, a word to the wise - stay on guard.
A recent neighborhood conference on "Molly" (Ecstasy) exposed us to what the local knit-wits are doing among teenagers, which is akin to the ploy in the mentioned scam. Then there's the newly discovered "25i" which has authorities nervous about possible abuses...
I thank my conscious and ever intelligent neighbors for the heads up. Let's always keep working together as a force for good. So, anyone who enjoyed smell shopping of perfumes and oils can breathe a little easier...but only a little.
I AM STRONG
I AM STRONG
Because I have
been weak
I AM BEATIFUL
Because of my
imperfections
I AM A LOVER
Because I am a
fighter
I AM WISE
Because I have
been foolish
I AM BLESSED
Because I have
known sorrows
I AM SUCCESSFUL
Because I have
been defeated
I AM HERE
Because I will
not give up
IRS Tax Tip 2015-05: Top 10 Tax Facts about Exemptions and Dependents
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Issue Number: IRS Tax Tip 2015-05Inside This Issue
Top 10 Tax
Facts about Exemptions and Dependents
Nearly everyone can claim an exemption on their tax return. It usually lowers
your taxable income. In most cases, that reduces the amount of tax you owe for
the year. Here are the top 10 tax facts about exemptions to help you file your
tax return.
1. E-file your tax return.
Filing electronically is the easiest way to file a complete and accurate tax
return. The software that you use to e-file will help you determine the number
of exemptions that you can claim. E-file options include free Volunteer Assistance, IRS Free File, commercial software and professional assistance.
2. Exemptions cut income. There
are two types of exemptions. The first type is a personal exemption. The second
type is an exemption for a dependent. You can usually deduct $3,950 for each
exemption you claim on your 2014 tax return.
3. Personal exemptions. You can
usually claim an exemption for yourself. If you’re married and file a joint
return, you can claim one for your spouse, too. If you file a separate return,
you can claim an exemption for your spouse only if your spouse:
• had no gross income,
• is not filing a tax return, and
• was not the dependent of another taxpayer.
4. Exemptions for dependents.
You can usually claim an exemption for each of your dependents. A dependent is
either your child or a relative who meets a set of tests. You can’t claim your
spouse as a dependent. You must list the Social Security number of each
dependent you claim on your tax return. For more on these rules, see IRS Publication 501, Exemptions, Standard Deduction,
and Filing Information. You can get Publication 501 on IRS.gov. Just click on
the “Forms & Pubs” tab on the home page.
5. Report health care coverage.
The health care law requires you to report certain health insurance information
for you and your family. The individual shared responsibility provision
requires you and each member of your family to either:
• Have qualifying health insurance, called minimum essential coverage, or
• Have an exemption from this coverage requirement, or
• Make a shared responsibility payment when you file your 2014 tax return.
Visit IRS.gov/ACA for more on these rules.
6. Some people don’t qualify.
You normally may not claim married persons as dependents if they file a joint
return with their spouse. There are some exceptions to this rule.
7. Dependents may have to file.
A person who you can claim as your dependent may have to file their own tax
return. This depends on certain factors, like the amount of their income,
whether they are married and if they owe certain taxes.
8. No exemption on dependent’s
return. If you can claim a person as a dependent, that person can’t
claim a personal exemption on his or her own tax return. This is true even if
you don’t actually claim that person on your tax return. This rule applies
because you can claim that person is your dependent.
9. Exemption phase-out. The
$3,950 per exemption is subject to income limits. This rule may reduce or
eliminate the amount you can claim based on the amount of your income. See Publication 501 for details.
10. Try the IRS online tool. Use
the Interactive Tax Assistant tool on IRS.gov to see
if a person qualifies as your dependent.
If you found this Tax Tip helpful, please share it through your social media
platforms. A great way to get tax information is to use IRS Social Media. You can also subscribe to IRS Tax Tips or any of our e-news subscriptions.IRS YouTube Videos:
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Ald. Sawyer Wants To Bring Coffee Shops, Bars To Desolate State St. Stretch
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