St. Joseph-Ogden alumni Colton Hale, from St. Joseph, and Mason Coon, from Ogden, are two of 675 students who earned Dean's List recognition for their work in the classroom at the University of Illinois in Springfield this past Spring semester.
In order to qualify for the Dean’s List, the pair were required to take at least eight graded semester hours, maintained a grade-point average of at least 3.75 for the semester and did not receive an incomplete grade for any class they were enrolled during the semester.
Hale, who red-shirted the 2019 season, appeared in 18 games with one start in 2018. On the hill, he has collected an 8-1 ERA with one save. Opposing batters had .256 batting average against him.
In the 33-1/3 innings he hurled in his first season, the former Spartan struck out 42 batters. He earned his first NCAA postseason victory after allowing one run and two hits, and striking out three hitters for the Prairie Stars.
He appeared in four games this spring before the season was halted due to the Coronavirus.
Coon, who was named to the GLVC All-Academic team, played in 14 games, including two postseason games during his career at UIS.
Like Hale, he played in four contests for the Prairie Stars during the 2020 season. In his best outing, the 6-3, 190-pound southpaw recorded four strikeouts against Southern Indiana on March 8. Coon recorded a pair of singles and two doubles at bat during early season play.
Mason Coon takes a swing at a Murphysboro pitch during SJO's state semifinal game in 2016. Coon and Prairie Stars teammate Colton Hale were nominated to the Dean's List at UIS this semester. (Photo: PhotoNews Media/Clark Brooks)
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For the majority of investors, taxation should never be the main driver behind an investment. However, taxation should absolutely be considered in an efficient investment portfolio. At the end of the day, how much money you keep is more important than how much money you earn.
The Internal Revenue Source (IRS) has written a painfully long book called, "The Internal Revenue Code" otherwise known as the tax code. The tax code isn’t painfully long and dense because of the many different ways the IRS can collect taxes. In fact, the collection of taxes is rather simple. If you make “X”, then you pay “Y.” Rather, the tax code is so long because of the many ways you can legally reduce your tax liability.
Individuals are able to reduce their tax liability if they perform actions that the government likes. One of the government’s favorite actions is providing housing to the public; therefore, there are many great tax benefits for real estate investors. One of the great real estate tax benefits is depreciation.
Real estate depreciation allows you to deduct the costs of a property over its useful life (as determined by the IRS) which reduces your taxable income. This is known as a “paper loss” because on paper it looks like the value of your investment decreased when, in reality, the value of your property likely increased due to appreciation and you collected monthly cash flow from the property if your income was greater than your expenses.
The tax benefits of real estate are very powerful and warrant their own article; however, this is how the wealthy stay wealthy. They buy real estate and legally reduce their taxable income, so they keep more of their money and then use that money to buy more real estate. It’s not complicated, and it’s 100% legal.
When it comes to taxation, real estate is the belle of the ball; however, stock market investors are able to place investments in tax efficient accounts and control the timing of their capital gains. The main tax benefit available to stock market investors is the ability to defer taxes through retirement accounts such as 401(k)s, 403(b)s, and IRAs. Additionally, you are able to choose the timing of the taxation by electing the account to be a “traditional” or "Roth" retirement vehicle.
With a traditional IRA, you are able to deduct your contributions in the year they are made, but you must pay taxes on them once you withdraw the funds. This is ideal for someone who thinks they will be in a lower tax bracket once they are retirement age. You contribute after-tax dollars to a Roth IRA, so this is ideal for someone who thinks they will be in a higher tax bracket once they retire. If you hold a specific stock for longer than a year, then you are no longer subject to the highest capital gains tax and this will allow you to keep more of your earnings.
Baseball, softball and cross-country teams are cleared to start practice on August 3 and can play in their first game or contest on starting on August 15. All meets and games previously schedule on or before the 15th must be canceled or rescheduled. The new plan also limits team to a maximum of two contests per week with no tournaments or events with more than three teams. Baseball can play three games a week if one contest is a doubleheader.
In its 
