4-H Calendar - February

4-H Calendar  - February 2009 Sunday, February 01, 2009 – Saturday, February 28, 2009

February 2009   S M T W T F S     1 2 3 4 5 6 7     8 9 10 11 12 13 14     15 16 17 18 19 20 21     22 23 24 25 26 27 28

 

Details

Sunday, February 01, 2009

 

	Subject		Newsletter Deadline
			Any Items that clubs/members would like included in the upcoming newsletter must be submitted by this date for inclusion.
	Categories		Important/Deadline/Due Date

	Time		5:00 PM – 7:30 PM
	Subject		Explorer's 4-H Club Meeting
	Location		Hamlin Twp Bldg

	Time		6:30 PM – 8:00 PM
	Subject		Tri-Gal 4-H Club Meeting
	Location		Community Center

Monday, February 02, 2009

 

	Time		6:00 PM – 7:30 PM
	Subject		Beach Laker 4-H Club Meeting
	Location		Community Center

 

Thursday, February 05, 2009

 

	Time		7:30 PM – 8:30 PM
	Subject		4-H Teen Council Meeting
	Location		Extension Office
	Recurrence		Occurs the first Thursday of every 1 month 7:30 PM to 8:30 PM.
			Open to any Member 13 & older as of January 1 of the current program year. Meets monthly on the first Thursday of the Month No Meeting in January. Activities include – Fundraising, Community Service, County Activities, and similar types of planning

 

Tuesday, February 10, 2009

 

	Time		7:00 PM – 8:30 PM
	Subject		4-H Advisory Committee Meeting
	Location		Park Street Office
			Installation of Officers Welcome New Members Civil Rights/Affirmative Action Review 2009 Program Planning

Thursday, February 12, 2009

 

	Time		7:00 PM – 8:00 PM
	Subject		Waymart Horizons 4-H Meeting
	Location		Waymart

Friday, February 13, 2009

 

	Time		7:00 PM – 8:30 PM
	Subject		Bethany 4-H Meeting

Saturday, February 14, 2009

 

	Time		2/14/2009 12:00 AM – 2/16/2009 12:00 AM
	Subject		Horsemanship Skills Training
	Location		Ag Arena - PSU
			http://www.das.psu.edu/4-h/horses/calendar-deadlines-and-event-details/horsemanship-skills-clinics

Sunday, February 15, 2009

 

	Time		All Day
	Subject		Lady Lions 4-H Day
	Location		PSU-Bryce Jordan Center
			Lady Lions vs. Iowa Hawkeyes

	Time		3:00 PM – 4:00 PM
	Subject		Newfoundland Kids 4-H Club
	Location		Wallenpaupack South Elem.

Monday, February 16, 2009

 

	Time		10:00 a.m. – 3:00 p.m.
	Subject		Dairy/Ag Day @ Honesdale High School

Thursday, February 19, 2009

 

	Time		7:30 PM – 9:00 PM
	Subject		Horse Leader Meeting
	Location		Park Street Office
			All Leaders, Parents and Teen members are welcome. Topics will include: Camp Planning County Show Planning District Clinic Your help would be greatly appreciated!

	Time		All Day
	Subject		Capital Days Registration Due
	Location		Park Street Office
			http://pa4h.cas.psu.edu/Activities.htm PA 4-H Capital Days is a two-day educational event that provides 4-H teen leaders with an opportunity to study the process of legislation, meet and talk with state government officials, develop an appreciation for PA heritage, gain a better understanding of political issues and to ultimately relate the 4-H educational program to government officials.
	Categories		Important/Deadline/Due Date

Thursday, February 26, 2009

 

	Time		2/26/2009 – 3/1/2009
	Subject		PA Horse World Expo
	Location		Farm Show Complex
			http://www.das.psu.edu/events/pa-horse-world-expo

 

 

4-H is a Community of young people across America who are learning Leadership, Citizenship and Life Skills 

Kim Mikulak

Penn State Cooperative Extension in Wayne County

4-H Youth Development

648 Park Street, Suite E - Please note new address.

Honesdale, PA 18431

 

(570) 253-5970 ext. 4110

kcm11@psu.edu

 

Natural Gas Income and Pennsylvania Personal Income Tax

Edit 3/23/2010: We have a new publication that addresses the tax treatment of natural gas income. The publication is available at: http://pubs.cas.psu.edu/FreePubs/PDFs/uh190.pdf

Prepared By: Dave Messersmith, Extension Educator, Penn State Cooperative Extension

January 27, 2009

Natural Gas Income: Strategies That Can Reduce The Tax Bite

Many people pride themselves in being a do-it-yourselfer, even when it comes to preparing their annual income tax returns. While most DIY’ers  have switched from paper, pencil and calculator to using computer software, these programs will only calculate the taxes that you owe based on your annual income. Likewise, a paid income tax preparer can only tell you how much you owe or your refund amount and will be based on information you provide regarding your past year’s financial transactions. In other words, they can’t advise you of strategies to reduce or avoid taxes for the past year. Informing you of current tax laws, how those laws apply to your unique situation and strategies you can employ to reduce the tax bite on your natural gas income falls within the expertise of financial professionals such as Certified Public Accountants (CPA’s) and Certified Financial Planners (CFP’s).  Regardless of whether you are a tax DIY’er or use a paid preparer, consulting a financial professional about the potential tax implications and following up on their recommendations can save you hundreds and even thousands of dollars.

 

There is no one-size-fits-all answer to the question of how to reduce the tax bite due to the incredibly complex tax code and how it applies to your individual situation. Because of five and six-digit natural gas payments some families received during 2008, they may find themselves in the 25% tax bracket this year when they were in the 10% bracket just last year!

 

Scheduling an appointment with a financial professional in the next few weeks will give you time to consider their suggestions and develop and implement a plan to minimize the tax bite and maximize the amount of money you have available to meet your financial goals.

 

If you received natural gas bonus payments, lease payments or royalty payments in 2008, this year’s tax return will be significantly different from your 2007 return. In order to prepare to meet with your financial professional to start year-end tax planning, your 2007 tax returns will be useful. In addition, here are some other factors that shape your 2008 income tax liability:

 

• How much in natural gas bonus payments, lease payments and or royalty payments did you receive by December 31, 2008?

• Did you and/or your spouse contribute to and employer sponsored retirement plan in 2008? If so, how much did you contribute?

• Did you and/or your spouse contribute to a traditional or Roth IRA for 2008? If so, how much did you contribute?

• Did you and/or your spouse turn 65 in the 2008 tax year?

• Did you and/or your spouse become disabled in the 2008 tax year?

• Are you and/or your spouse considered legally blind?

• Did your household gain or lose a member in 2008?

• How much in federal and state payroll income taxes did you have withheld and how much in quarterly estimated payments did you make?

 

Signing bonuses and lease payments receive different tax treatment from the royalty payments which are subject to expense deductions such as depletion. Once you choose how your depletion is calculated, either percentage or cost, that decision is irrevocable. This is another area where a financial professional can assist you.

 

In addition to helping you reduce your current income tax bite, your chosen financial professional can also help you understand your options on the best way to use your natural gas income to meet other current and future financial goals such as debt reduction, financing college, or funding a comfortable retirement.

 

While there is nothing wrong with being a do-it yourselfer, seeking and following the advice of a financial professional can not only save you time and money, but also assure that your natural gas income will meet your family’s needs for years to come.

 

Please visit www.naturalgas.psu.edu for more information about taxes and natural gas income.

 

Penn State is committed to affirmative action, equal opportunity, and the diversity of its workforce.

 

Basic Vegetable Gardening Course for Beginners

Did you know that the average vegetable garden produces over $400. worth
of fresh vegetables in one season?

The Penn State Master Gardeners will hold a four week workshop series on
February 3, 10, 17 and 24 at the Wayne County Visitor's Center in
Honesdale. Classes will run from 6:00 PM - 8:30 PM each evening. The
cost to participate is $20.00 which includes all four workshops. If you
would like to participate, you must pre-register by calling the Wayne
County Cooperative Extension Office at 253-5970 x 4110 or by e-mail to
WayneExt@psu.edu.

Topics include: Garden plot design and layout, preparing the soil,
choosing your vegetables, heirlooms vs. hybrids, planting dates and
techniques, weeding, insects & diseases, harvesting and much more!
Seating is limited so register early.

Penn State encourages persons with disabilities to participate in its
programs and activities. If you anticipate needing any type of
accommodation or have any questions about the physical access provided,
please contact David Messersmith at (570) 253-5970 x 4110 in advance of
your participation or visit.

Penn State is committed to affirmative action, equal opportunity, and
the diversity of its workforce.