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  • 2015 Budget Presentation, YES or NO

    MC logo moneyThe Mason County preliminary 2015 Budget has been distributed. Now comes the hard work, getting the forecasted $33,647,430 in county current expense spending closer to the expected (forecasted) revenues of $26,642,576, allotted to pay for the 2015 current expenses… Read More +

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  • UW Criticizes Med School Study

    asklepianEDITThe University of Washington is criticizing a deeply flawed study released last week that supports the creation of a new medical school in Spokane by rival Washington State University. A press release from the Seattle university on Monday says the study… Read More +

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Would you attend a special County Commission meeting to learn more about the 2015 Budget?
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  • San Diego Over Hawks

    seahawks blueAntonio Gates had three touchdown catches and the San Diego Chargers controlled the tempo to keep Seattle's offense off the field and upset the defending Super Bowl champion Seahawks 30-21 Sunday. Gates' 21-yard catch late in the third quarter was epic, as the star tight end split two defenders and extended for Philip Rivers' pass, reaching out with his left hand to gather it in.

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Tax Tip: Should You Take the Standard Deduction or Itemize?

b_250_0_16777215_00_images_obgrabber_2014-02_454941d242.jpgjrwasserman/Thinkstock (NEW YORK) -- The Internal Revenue Service allows a married couple, filing jointly, $12,200 as a standard deduction for their 2013 tax return. But is that the best option for you and your spouse? Tax expert Kevin McCormally with Kiplinger's says taking the standard deduction makes sense for many. "I think most people who claim the standard deduction are doing the right thing. It gives them more benefit than if they itemize and it's certainly simpler," he tells ABC News Radio.

 

But if you're paying a lot of mortgage interest, health costs or some other deductible items, tax account Janice Hayman says it might be best to itemize.

"You should absolutely see if you can. I think if people took the time to collect certain receipts from charities for goods donated, those alone are something that could get you over the edge and allow you to itemize," she says.

Copyright 2014 ABC News Radio

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