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Stories for August 2011

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Stories for Wednesday, August 31

Simple savings calculator

Simple Savings Calculator   Determine how much savings from a deposit. //

Search Intensifies For Bothell Man Missing Since Friday

Friends and family of a Bothell man who disappeared Friday are planning a major search for Thursday afternoon.Police found Jeff Johnson's truck Sunday at Carkeek Park in Seattle, but so far, there's no sign of the 59-year-old."I'm heartbroken," Johnson's wife, Sharen Summers, told KIRO 7 on Wednesday. "Something must have ...

Teacher Strikes In Washington Are Illegal -- So Why Do They Happen?

As Tacoma teachers mull whether to strike Wednesday, KIRO 7 Reporter Deborah Horne has been looking into the simple fact that it's illegal for teachers to strike in the state of Washington.The issue last came up in Kent in 2009. The Kent School District had sought an injunction against striking ...

Motorcyclist Flies Off Elevated Portion Of I-5 In Seattle

A motorcyclist was injured when he went over an elevated portion of northbound Interstate 5 in Seattle Wednesday morning.   The motorcyclist was in the HOV lanes when the rider struck, and then flew over, a barrier and landed on Michigan Street below.   SLIDESHOW: Motorcycle Accident Scene   Video ...

Newly signed Seattle Mariners baseball players Brad Miller, right, standing with his father, Steve Miller, and Danny Hultzen, right, talk with Mariners pitching coach Carl Willis, left, and Mariners general manager Jack Zduriencik, center, during batting practice prior to a baseball game between the Toronto Blue Jays and the Seattle Mariners, Wednesday, Aug. 17, 2011, in Seattle.

Mariners Agree To Multi-Year Extension With GM Jack Zduriencik

Jack Zduriencik signed a contract extension with the Seattle Mariners on Wednesday to continue as the team's general manager.Terms of the deal were not released, but it's believed to be for at least one year with an option for 2013.The news was originally reported by MLB.com Reporter Greg Johns on ...

Police: Man Accidentally Shoots Self In Head In Tacoma

The Tacoma Police Department is investigating after, they say, a man accidentally shot himself in the head Wednesday afternoon.Police were called to a house near South 12th and Prospect streets just after 2:20 p.m., KIRO 7 news partner The News Tribune reports. Tacoma firefighters told police the man had been ...

KIRO 7 Flies With JBLM Into Afghan War Zone

KIRO 7 Eyewitness News recently got a rare invitation from Joint Base Lewis-McChord to fly to the war zone in Afghanistan with an Air Force Reserve unit.Reporter Jeff Dubois got an inside look at how vital our local citizen-soldiers are in the war effort."It was an eye-opening opportunity," said Dubois ...

Video: The best way to file your taxes

  While they were doing their taxes one family allowed CBS News to document them trying three different tax-filing methods including using an accountant or doing it online.

401(k) concerns return - again

Worried what the political wrangling over federal debt might do to the stock market, Raymond Byrne decided last month to shift around his retirement savings. What had been in stock funds, he transferred to debt securities. Last week, after President Barack Obama signed the last-minute debt deal, Byrne considered moving ...

Ten facts about the child tax credit

Here is a great piece of information from the IRS. IRS Tax Tip 2010-29 The Child Tax Credit is an important tax credit that may be worth as much as $1,000 per qualifying child depending upon your income. Here are 10 important facts from the IRS about this credit and ...

Don’t let Irene drench your tax docs, keep them safe!

With Irene wreaking her havoc this past week on the East Coast, we felt it most appropriate to remind everyone about keeping your financial records safe. Natural disaster can strike at any time. As a result, we need to remind ourselves it is important to backup records in case a ...

Higher education may pay off at tax time

With job opportunities in short supply, the attraction of either going to college or staying in school becomes greater.   For those looking to get smarter, there's a payoff come tax time that will make you feel intelligent as well.   That's because you may be able to deduct eligible ...

Tax strategies for retired people

Consider the following tips to help you take responsibility for your retirement. Set a Goal - "I think I can save $25 a paycheck." It's easy to procrastinate so set up a "painless" payroll deduction for saving. It doesn't matter if the money goes into a 401(k) plan, an IRA ...

W-4 questions and answers

What is a Withholding Allowance?  A withholding allowance is used in the formula when figuring the amount of income tax to be withheld from each paycheck you receive. The range of withholding allowances you can choose are from 0 up to a maximum of 10. The more allowances you have, ...

Send your kid to summer day camp, get a tax credit!

Summertime can be a challenge for working parents, and costly. Now there is an additional tax benefit to sending your child to a summer day camp. The IRS has recently announced that those added expenses for sending your child to summer day camps may help you qualify for a tax ...

Tacoma Teachers Won't Strike; School Starts Thursday

Tacoma teachers will not strike, KIRO 7 Reporter Gary Horcher said Wednesday evening.The Tacoma Education Association, which represents teachers in Tacoma Public Schools, told KIRO 7 South Sound Reporter Kevin McCarty they didn't like the new offer Tacoma Public Schools proposed Wednesday and called for a yes/no vote on whether ...

Foreclosures no longer followed by a big tax bite

Signed into law in December 2007, The Mortgage Forgiveness Debt Relief Act of 2007 protects American families from higher taxes when they refinance their homes. Under the previous tax law, if the value of your house declined and your bank or lender forgave a portion of your mortgage, the IRS ...

Arrest Made In String Of Snohomish County Bank Robberies

Detectives from the Arlington, Monroe and Snohomish police departments arrested a 52-year-old man at his Everett home in connection with three recent bank robberies in Snohomish County, police said.The arrest was made Tuesday after Monroe police received a tip that led to the execution of a search warrant at the ...

Double Dump Truck Trailer Rolls On I-5 Northbound Near Tukwila

The trailer on a double dump truck rolled over and is blocking two lanes of northbound Interstate 5 at the Duwamish Curves near Tukwila.Chopper 7 captured images of the truck, which did not appear to have spilled anything.No word yet on what caused the rollover or if there were any ...

Snohomish County Officials To Decide Thursday On Transit Cuts

The board of Snohomish County's Community Transit is expected to decide Thursday which bus routes will be affected by service cuts.The agency is cutting service by 20 percent due to a budget shortfall the agency blames on low sales tax revenue. The cuts are in addition to cuts already made ...

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