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IRS: Mississippi teachers can deduct $300 worth of school supplies

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www.supertalk.fm – Caleb Salers – 2024-08-30 13:28:18

SUMMARY: The IRS reminds Mississippi teachers that the maximum deduction for classroom expenses remains $300 for the new school year. This deduction allows educators to offset personal spending on supplies and materials essential for their classrooms. The cap, unchanged since 2023, benefits teachers, counselors, and principals who work at least 900 hours in licensed facilities. Eligible items include books, equipment, and COVID-19 safety measures. Educators can claim this deduction alongside the standard deduction, with married couples potentially claiming up to $600. It’s crucial for teachers to keep detailed records to support their claims.

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MVSU basketball’s social media takes playful jab at ESPN after daunting loss

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www.supertalk.fm – Caleb Salers – 2024-11-15 16:09:00

SUMMARY: After a severe 111-39 loss to Missouri, Mississippi Valley State’s men’s basketball team used humor on social media to cope with the situation. Responding to ESPN’s stats highlighting how Missouri outscored them in key areas, the Delta Devils’ account quipped, “Uncalled for.” Additionally, they expressed frustration over a controversial blocking foul during the game, arguing it should have been a charge. Their playful remarks provided a lighthearted take on an otherwise disheartening evening. The team is set to face Texas next in their ongoing road game stretch against SEC opponents.

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Hyde-Smith shoots down possibility of holding cabinet position in Trump administration

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www.supertalk.fm – Caleb Salers – 2024-11-15 14:00:00

SUMMARY: U.S. Senator Cindy Hyde-Smith from Mississippi has chosen to remain in her Senate position despite speculation about being appointed as Secretary of Agriculture by President-elect Donald Trump. In a statement, she expressed gratitude for the nomination consideration but emphasized her commitment to continuing her work for Mississippi. As a former state agriculture commissioner, she aims to support the agricultural community and plans to run for re-election in 2026. Hyde-Smith has been an advocate for various agricultural initiatives and projects during her Senate tenure. With her decision, other potential candidates for the Secretary of Agriculture position include Charles Herbster and Kip Tom.

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State treasurer: Affordable college tuition ‘Legacy Plan’ now 100% funded

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www.supertalk.fm – Caleb Salers – 2024-11-15 12:44:00

SUMMARY: Mississippi has improved the funding of its college tuition programs, with the Mississippi Prepaid Affordable College Tuition (MPACT) Legacy Plan now reaching over 100% funding after being only 72% funded in 2019. State Treasurer David McRae credits fiscal decisions and a record 27% investment return in Fiscal Year 2021 for the turnaround. The College Savings Board updated actuarial assumptions in 2020, which further strengthened the plan. The newer Horizon Plan, started in 2014, is also fully funded at 135.5%. McRae emphasizes the importance of these programs for enhancing educational opportunities and supporting economic development in Mississippi.

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