How to get a bigger tax refund next year

first_img 67SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pettit John Pettit is the Managing Editor for CUInsight.com. John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union … Web: www.cuinsight.com Details We’re a month into the new year, and that means W2s are in the mail. For some, it means a nice bonus after the Christmas season. For others, it means keeping your fingers crossed that your tax liability won’t be more than what you’ve already paid. If you’re looking for ways to decrease your liability and increase your refund, here are few ways you might be able to just that…Increase your charitable giving: You can claim donations on your tax return if the organization you’ve donated to is a tax-exempt 501(c)(3) organization such as a church or the  American Red Cross. And not only will you be able to claim the deduction, but you’ll be able to help out an organization that you’re passionate about.Change your filing status: If you’re married and filing jointly, you may be able to get a bigger refund if you file separately. While it might be more work to file separately, it could be worth it if you’re looking for a few extra bucks. If you’re not sure about changing your filing status, consult a tax professional and get their opinion.Increase your retirement contributions: When contributing to a traditional IRA or 401k plan, those contributions come from pre-tax dollars. By lowering your taxable income, you’re paying less to the government, while also putting more away for the future.Claim refundable tax credits: If you’ve got kids, you may be missing out on an opportunity to claim the Earned Income Tax Credit. The amount of benefit you receive is dependent on your income and the number of children you have. This often-overlooked tax credit may be something you can take advantage of.last_img read more

Nigeria LNG floats three-cargo tender

first_imgLNG World News Staff Image courtesy of Nigeria LNGNigeria LNG has reportedly issued a tender offering three cargoes of liquefied natural gas scheduled for loading in June. The three cargoes will be loaded in three windows, first on June 14, second on June 20 to June 30 and June 25 to July 4, Reuters reports, citing trade sources.Deadline to submit the bids for the tender has been set to June 1.Earlier this month, Nigeria LNG dispatched the 4000th cargo from its Bonny Island facility.The company has plans to expand its production capacity at its six-train plant complex from 22 million tons per annum (mtpa) to some 30 mtpa.NLNG is a joint venture compromised of Nigerian National Petroleum Corporation, NNPC (49 percent), Shell (25.6 percent), Total (15 percent), and Eni (10.4 percent).last_img read more

XPRIZE Winners Meet with Japanese Prime Minister

first_imgMembers of the GEBCO-Nippon Foundation Alumni Team have met with Japanese Prime Minister Shinzo Abe in Tokyo on Wednesday, to explain the concept that won them the $4 million Shell Ocean Discovery XPRIZE for seafloor mapping and to talk about their shared vision to map the entire seafloor by 2030.The GEBCO-NF Alumni Team, made up of international graduates of The Nippon Foundation/GEBCO Postgraduate Training Program at the University of New Hampshire (UNH), US, spoke with Prime Minister Abe about the technology that they developed, and how their model of international scientific cooperation can help to map the gaps that still remain in our understanding of the ocean floor.They demonstrated their winning concept to Prime Minister Abe with scale replicas of the vessels that they used, as well as 3D visualizations of the data that they collected during the competition, and presented the Prime Minister with a copy of the General Bathymetric Chart of the Oceans (GEBCO) 2019.Sattiabaruth Seeboruth, an alumnus of the Class of 2017 from Mauritius, said: “Meeting with the Prime Minister and Mr. Sasakawa and having them recognize our efforts is truly unbelievable. I know this will be a momentous moment in my life; it really is a once-in-a-lifetime occasion.”Dr Karolina Zwolak of Poland, who graduated from UNH in 2013, hoped the meeting would “consolidate the cooperation between ocean mappers around GEBCO, alongside scientists from Team KUROSHIO and Japanese officials, to continue the global effort of mapping the ocean floor.”The GEBCO-NF Alumni prevailed over teams from around the world to win the Ocean Discovery XPRIZE with their concept for fast, efficient, and cost-effective seafloor mapping.Their entry utilized the SEA-KIT Unmanned Surface Vessel (USV) Maxlimer, alongside the Kongsberg Maritime HUGIN Autonomous Underwater Vehicle (AUV) System, leveraging new and existing technologies to optimal effect. SEA-KIT was able to autonomously launch and recover the Kongsberg Maritime HUGIN AUV, rated to operate at depths of up to 4,500 meters in Round 2, and act as a communication link during the latter’s subsea survey operations.The team also included Training Program alumni Dr Evgenia Bazhenova (Russia), Aileen Bohan (Ireland), Dr Mohamed Elsaied (Egypt), Andres Fitzcarrald (Peru), Tomer Ketter (Israel), Christina Lacerda (Brazil), Jaya Roperez (Philippines), Azmi Rosedee (Malaysia), Ivan Ryzhov (Russia), Hadar Sade (Israel), Neil Tinmouth (South Africa), Dr Rochelle Anne Wigley (US), and Dr Yulia Zarayskaya (Russia).“This win for the alumni-led team is a reflection of the ongoing investment in capacity-building by The Nippon Foundation, and reflects the passion of this global network to find solutions to help map our oceans”, said Dr Wigley, project director of the training program at UNH and an alumnus of the Class of 2008.The team’s SEA-KIT vessel USV Maxlimer was named after UNH Nippon Foundation/GEBCO Postgraduate Training Program alumna Maxlimer Anziani Vallee, who passed away following a car accident in January 2017. Since being used in the team’s XPRIZE entry, the vessel has completed the world’s first international commercial uncrewed transit, successfully traversing the world’s busiest shipping lane to deliver a box of oysters from the UK to Belgium in May 2019, GEBCO-NF noted.The Nippon Foundation is also jointly spearheading international efforts to map the entirety of the world’s ocean floor by the end of the next decade. The Nippon Foundation-GEBCO Seabed 2030 Project was launched by Sasakawa at the UN Oceans Conference in 2017, and more than 100 organisations are now contributing to the goal of producing a complete map.last_img read more

Messer enters sexual harassment debate, scores a win for vets

first_imgWashington D.C.— Congressman Luke Messer is working on a measure to protect victims of sexual assault and harassment in Congress.The proposal would release all staff from current non-disclosure agreements involving a sexual assault settlement with a member of Congress. Further, future non-disclosure agreements would be prohibited.Multiple media outlets have reported the government has paid more than $17 million in tax payer dollars in the last 20 years to settle sexual harassment claims.Messer’s proposal to help veterans impacted by the closure of ITT Tech has been passed by the Senate and is headed to the desk of the President.The Takano-Messer proposal is part of the Harry Colmery Veterans Educational Assistance Act of 2017, which improves and modernizes several aspects of the GI Bill.“This is a huge win for our veterans. Not only does this bill expand GI Bill benefits for our military families, it helps the thousands of veterans who unfairly lost their benefits when ITT Tech closed,” Messer said. “Our military men and women earn their GI Bill benefits serving and defending our country. It is our duty to honor that commitment, and ensure our veterans get every chance to succeed.”last_img read more

Manuel Pellegrini stands strong at City despite Pep Guardiola rumours

first_imgManuel Pellegrini accepts speculation linking Pep Guardiola with his job at Manchester City is inevitable. The rumours have resurfaced in recent days because Guardiola suggested he would make an announcement about his future in the next week. But Pellegrini, who was displaced by Jose Mourinho at Real Madrid in 2010, said: “We don’t know what Pep will do next season. There are rumours, speculation about what he wants to do. “I think Pep is one of the best coaches in the world so if he doesn’t continue at Bayern maybe a lot of teams can try to have him manage their team. “In my case, I don’t have any pressure about that. Maybe there are a lot of rumours – not only this season but going back to the other seasons – but the only pressure I feel is the pressure I put on myself to win. “When you have experience and manage so many big clubs, you know with every result that is not the result the club wants the media will start with different rumours about different things, but if you are worried about that it’s impossible to work in a big team.” Pellegrini guided City to Barclays Premier League title success and the Capital One Cup in his first season in charge. Their defence of their league title last season was poor but they still finished second and they are the favourites to take the crown this term. Such facts weigh heavily in Pellegrini’s favour and reclaiming the title – and perhaps winning other silverware – this season would make any decision to remove him seem particularly harsh, even if Guardiola was available. But the Chilean, who is contracted to City until 2017, said: “I cannot talk about what other people want to manage the club. Every owner has the right to see what is the best future for their club. “It’s not my problem because I don’t think for them. My thinking is to try to win and continue in a job where I am happy. After that it’s not my decision.” But the City manager claims he could not work properly if he let such rumours affect him. Bayern Munich’s much-coveted former Barcelona boss has been a reported target of City for several years, since even before Pellegrini arrived at the Etihad Stadium in 2013. center_img Press Associationlast_img read more