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There are actual health benefits to spending time with friends. In fact, research shows that social ties are twice as important as exercise when it comes to life expectancy (according to Life Science). Do we need any other reason to keep in touch with our friends? It’s good for our health. 

I am privileged to have conversations with teenagers almost every day. We talk about everything from pop culture to relationships. Oftentimes, the relationship conversation goes far beyond their crushes, boyfriends, and girlfriends, and extends to family. Sometimes, things are great at home, and students are eager to talk.  Other times, they would much rather talk about anything but their families. Either way, in my attempt to get to know them better, family will eventually be mentioned, because I believe that there are very few aspects of life that influence us like family. 

Alabama Women’s Golf Begins SEC Championships Play on Wednesday

 

ALABAMA WOMEN’S GOLF NOTES | WEDNESDAY TEE TIMES

 

TUSCALOOSA Ala. – The No. 1-ranked Alabama women’s golf team will begin postseason play this weekend at the 2018 Southeastern Conference Women’s Golf Championships,April 18-22, at Greystone Golf & Country Club’s Par 72, 6,253 Legacy Course in Birmingham, Ala.

 

The Crimson Tide will tee off at 9:40 a.m. CT on Wednesday and will be paired with Arkansas and South Carolina in the first round. Admission is free for this year’s tournament.

 

Tournament Format

This year’s SEC tournament will feature three rounds of stroke play April 18-20, with the individual champion being crowned following the third round on Friday. The top eight teams in the standings following stroke play will advance to match play with the quarterfinals and semifinals set for Saturday, April 21 and the championship match scheduled for Sunday, April 22.

 

Alabama at the SEC Championships

Alabama has captured three SEC team titles – 2010, 2013 and 2016. The Tide won its first conference championship with a four-stroke victory at the NorthRiver Yacht Club in Tuscaloosa in 2010 before capturing the 2013 and 2016 crowns at the tournament’s current site, Greystone Golf & Country Club in Birmingham. Along with the 2010, 2013 and 2016 victories, Alabama has finished runner-up in the SEC Championship on five occasions, including 1991, 1994, 2009, 2011 and 2017.

 

National Rankings

Alabama enters the weekend at No. 1 in the Golfweek/Sagarin team rankings released April 17 with a 69.88 rating. The Crimson Tide is also ranked No. 2 by Golfstat and leads the nation in scoring average at 71.00. Alabama boasts two of the nation’s top seven golfers and four of the top 32 heading into SEC play. Lauren Stephenson (third), Kristen Gillman (seventh), Lakareber Abe (30th) and Cheyenne Knight (32nd) are ranked in most recent Golfstat NCAA Player Rankings, released April 10. Stephenson and Gillman are ranked No. 2 and No. 11, respectively in the Golfweek/Sagarin Performance Index released April 17, with Knight (25th), Abe (53rd) and Angelica Moresco (86th) also appearing in the ratings.

 

Alabama Sweeps SEC Weekly Awards Following Liz Murphey Collegiate Classic

Alabama juniors Cheyenne Knight and Lauren Stephenson were named Co-Southeastern Conference Women’s Golfers of the Week and freshman Angelica Moresco was named SEC Women’s Freshman Golfer of the Week the league office announced April 16.

Stephenson and Knight were co-medalists at the Liz Murphey Collegiate Classic over the weekend. Knight opened the tournament with a first-round 65, equaling her career-low round. Stephenson fired back-to-back 69s in the second and third rounds to tie Knight for first place. The two rounds of 69 give Stephenson 15 rounds in the 60s in 23 rounds played this season. The Lexington, S.C., native has now been below par in 19 of 23 rounds in 2017-18.

 

The medalist honor is the second of the season and UA career for Stephenson. Knight’s win is her first for 2017-18 and fourth of her career, which ranks No. 2 all-time at Alabama. This also marks the first time in UA women’s golf history that two Tide golfers have tied for individual medalist honors in a tournament.

 

Moresco was the low freshman at the Liz Murphey Collegiate Classic with a 2-over par 218 (70-75-73) to finish in a tie for 14th. The Caldogno, Italy, native’s opening round 70 equaled her career-low round.

 

Get all the latest information on the team by following @AlabamaWGolf, on Twitter, Facebook and Instagram. General athletic news can also be found at UA_Athletics on Twitter and Instagram and AlabamaAthletics on Facebook.

 

- UA-

 

 

 
 
 
 
 
 
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The Alabama Golden Flake A-Day Game is scheduled for a 1 p.m. (CT) kickoff this Saturday, April 21, at Bryant-Denny Stadium. A-Day 2018 will include a full day of activities and experiences, including the opportunity for fans to take the field at the conclusion of the game. The A-Day game will serve as the 15th and final practice of the spring. Gates open at 10 a.m. and admission will once again be free to the public.

 

 It will be the program's 12th A-Day Game under the direction of six-time national championship coach Nick Saban. A myriad of activities punctuate the 2018 Golden Flake A-Day Game that will be televised on ESPN with Kirk Herbstreit, Joey Galloway, Adnan Virk, and Holly Rowe calling the game from field level. 

There are actual health benefits to spending time with friends. In fact, research shows that social ties are twice as important as exercise when it comes to life expectancy (according to Life Science). Do we need any other reason to keep in touch with our friends? It’s good for our health. 

The evening of Wednesday, April 5, 1905, really was a dark and stormy night. A torrential rain poured down with only lightning to illuminate the saturated scene. Taney Moore guided his wagon away from the bridge across the Black Warrior River and passed a wagon driven by A. J. Lindgren. Within moments, shots rang out, and thus began a mystery that spanned the Atlantic Ocean and the North American continent. It would be 44 years before its ultimate resolution.

The West Alabama Food and Wine Festival continues to build its culinary clout, with a renewed focus on local restauranteurs and brewers, and even a “Battle of Shrimp and Grits” that foodies won’t want to miss.

Big hats. Bow ties. Bourbon. These staples of Kentucky Derby Day are all a part of an upcoming event that seeks to bring together the festive atmosphere of the horse racing event and the chance to raise money for a worthy cause. 

Some corporations headquartered in Tuscaloosa spread their giving throughout the community.  Many charities rely on the larger corporate donations, like the $250,000 donation from Mercedes Benz to the downtown Tuscaloosa YMCA.   

Just in time for tax season, DCL interviewed local tax accountant, Ray Dyer Jr., CPA and Managing Member of Covenant Consulting Group, about tax changes that will impact 2018. Mr. Dyer explains three important changes he will address this year in his practice.

 

Changes in the Estate Tax Exemption

It might make sense to give to grandmother rather than the kids.

The Estate Tax exemption amount has effectively doubled from approximately $12.5 million per married couple to approximately $25 million per married couple. Over the years plans have been put in place to move assets from the “parents” to the “children” to minimize future estate tax on growth assets.

Now there may be an opportunity to transfer assets to parents – who may likely be the first to die – to get a tax free “stepped up basis”. The tax impact will be noticed when the beneficiaries dispose of the the appreciated assets - any gain is potentially reduced by the stepped up amount. Taking into account future growth, this strategy would likely be most effective for joint estates in the $8 million to $18 million estate range.

 

Expensing Changes

Like-Kind exchanges are limited to Qualifying Real Property. Personal property no longer qualifies for like-kind exchange treatment. 

Under pre-Tax Cuts and Jobs Act law, depreciable tangible personal property could have been exchanged for like-kind property if the relinquished property and replacement property were of a like class if the properties were either within the same general asset class or within the same product class. In light of the increased and expanded expensing under the cost recovery system (ie, depreciation expense) and Section 179 expense for tangible personal property and certain building improvements, Congress believed that the like-kind exchange rules under Code Section 1031 should be limited to exchanges of qualifying real property. Thus, exchanges of machinery, equipment, vehicles, patents and other intellectual property, artwork, collectibles, and other intangible business assets do not qualify for nonrecognition of gain or loss as like-kind exchange.

 

Interest Expense Changes

New rules may change the best method for structuring business debt

Every business, regardless of its form, is generally subject to a disallowance of a deduction for net interest expense in excess of 30% of the business's adjusted taxable income. Any interest expense limited under this rule can be carried forward and used at a later date. This may cause certain businesses to evaluate how such business debts are structured.

 

Ray Dyer Jr., CPA, writes, speaks and teaches on various subjects in addition to his private practice. He is a native of Tuscaloosa and attended the University of Alabama where her received his BS in Accounting and Master of Tax Accounting degrees. His first 10 years of college were spent in Dallas, TX with international accounting firms and as a Controller/Treasurer a national real estate syndication firm.

His emphasis is working with businesses that are going through changes such as entity selection, partnership formation or dissolution, syndication or equity raising.

 

Covenant Consulting Group provides Accounting, Assurance, Auditing, Valuation, Business Advisory, and Litigation Support services to businesses and families. For more information, please go to www.covenantcpa.com

Just in time for tax season, DCL interviewed local tax accountant, Ray Dyer Jr., CPA and Managing Member of Covenant Consulting Group, about tax changes that will impact 2018. Mr. Dyer explains three important changes he will address this year in his practice.

 

Changes in the Estate Tax Exemption

It might make sense to give to grandmother rather than the kids.

The Estate Tax exemption amount has effectively doubled from approximately $12.5 million per married couple to approximately $25 million per married couple. Over the years plans have been put in place to move assets from the “parents” to the “children” to minimize future estate tax on growth assets.

Now there may be an opportunity to transfer assets to parents – who may likely be the first to die – to get a tax free “stepped up basis”. The tax impact will be noticed when the beneficiaries dispose of the the appreciated assets - any gain is potentially reduced by the stepped up amount. Taking into account future growth, this strategy would likely be most effective for joint estates in the $8 million to $18 million estate range.

 

Expensing Changes

Like-Kind exchanges are limited to Qualifying Real Property. Personal property no longer qualifies for like-kind exchange treatment. 

Under pre-Tax Cuts and Jobs Act law, depreciable tangible personal property could have been exchanged for like-kind property if the relinquished property and replacement property were of a like class if the properties were either within the same general asset class or within the same product class. In light of the increased and expanded expensing under the cost recovery system (ie, depreciation expense) and Section 179 expense for tangible personal property and certain building improvements, Congress believed that the like-kind exchange rules under Code Section 1031 should be limited to exchanges of qualifying real property. Thus, exchanges of machinery, equipment, vehicles, patents and other intellectual property, artwork, collectibles, and other intangible business assets do not qualify for nonrecognition of gain or loss as like-kind exchange.

 

Interest Expense Changes

New rules may change the best method for structuring business debt

Every business, regardless of its form, is generally subject to a disallowance of a deduction for net interest expense in excess of 30% of the business's adjusted taxable income. Any interest expense limited under this rule can be carried forward and used at a later date. This may cause certain businesses to evaluate how such business debts are structured.

 

Ray Dyer Jr., CPA, writes, speaks and teaches on various subjects in addition to his private practice. He is a native of Tuscaloosa and attended the University of Alabama where her received his BS in Accounting and Master of Tax Accounting degrees. His first 10 years of college were spent in Dallas, TX with international accounting firms and as a Controller/Treasurer a national real estate syndication firm.

His emphasis is working with businesses that are going through changes such as entity selection, partnership formation or dissolution, syndication or equity raising.

 

Covenant Consulting Group provides Accounting, Assurance, Auditing, Valuation, Business Advisory, and Litigation Support services to businesses and families. For more information, please go to www.covenantcpa.com

Just in time for tax season, DCL interviewed local tax accountant, Ray Dyer Jr., CPA and Managing Member of Covenant Consulting Group, about tax changes that will impact 2018. Mr. Dyer explains three important changes he will address this year in his practice.

 

Changes in the Estate Tax Exemption

It might make sense to give to grandmother rather than the kids.

The Estate Tax exemption amount has effectively doubled from approximately $12.5 million per married couple to approximately $25 million per married couple. Over the years plans have been put in place to move assets from the “parents” to the “children” to minimize future estate tax on growth assets.

Now there may be an opportunity to transfer assets to parents – who may likely be the first to die – to get a tax free “stepped up basis”. The tax impact will be noticed when the beneficiaries dispose of the the appreciated assets - any gain is potentially reduced by the stepped up amount. Taking into account future growth, this strategy would likely be most effective for joint estates in the $8 million to $18 million estate range.

 

Expensing Changes

Like-Kind exchanges are limited to Qualifying Real Property. Personal property no longer qualifies for like-kind exchange treatment. 

Under pre-Tax Cuts and Jobs Act law, depreciable tangible personal property could have been exchanged for like-kind property if the relinquished property and replacement property were of a like class if the properties were either within the same general asset class or within the same product class. In light of the increased and expanded expensing under the cost recovery system (ie, depreciation expense) and Section 179 expense for tangible personal property and certain building improvements, Congress believed that the like-kind exchange rules under Code Section 1031 should be limited to exchanges of qualifying real property. Thus, exchanges of machinery, equipment, vehicles, patents and other intellectual property, artwork, collectibles, and other intangible business assets do not qualify for nonrecognition of gain or loss as like-kind exchange.

 

Interest Expense Changes

New rules may change the best method for structuring business debt

Every business, regardless of its form, is generally subject to a disallowance of a deduction for net interest expense in excess of 30% of the business's adjusted taxable income. Any interest expense limited under this rule can be carried forward and used at a later date. This may cause certain businesses to evaluate how such business debts are structured.

 

Ray Dyer Jr., CPA, writes, speaks and teaches on various subjects in addition to his private practice. He is a native of Tuscaloosa and attended the University of Alabama where her received his BS in Accounting and Master of Tax Accounting degrees. His first 10 years of college were spent in Dallas, TX with international accounting firms and as a Controller/Treasurer a national real estate syndication firm.

His emphasis is working with businesses that are going through changes such as entity selection, partnership formation or dissolution, syndication or equity raising.

 

Covenant Consulting Group provides Accounting, Assurance, Auditing, Valuation, Business Advisory, and Litigation Support services to businesses and families. For more information, please go to www.covenantcpa.com

Just in time for tax season, DCL interviewed local tax accountant, Ray Dyer Jr., CPA and Managing Member of Covenant Consulting Group, about tax changes that will impact 2018. Mr. Dyer explains three important changes he will address this year in his practice.

 

Changes in the Estate Tax Exemption

It might make sense to give to grandmother rather than the kids.

The Estate Tax exemption amount has effectively doubled from approximately $12.5 million per married couple to approximately $25 million per married couple. Over the years plans have been put in place to move assets from the “parents” to the “children” to minimize future estate tax on growth assets.

Now there may be an opportunity to transfer assets to parents – who may likely be the first to die – to get a tax free “stepped up basis”. The tax impact will be noticed when the beneficiaries dispose of the the appreciated assets - any gain is potentially reduced by the stepped up amount. Taking into account future growth, this strategy would likely be most effective for joint estates in the $8 million to $18 million estate range.

 

Expensing Changes

Like-Kind exchanges are limited to Qualifying Real Property. Personal property no longer qualifies for like-kind exchange treatment. 

Under pre-Tax Cuts and Jobs Act law, depreciable tangible personal property could have been exchanged for like-kind property if the relinquished property and replacement property were of a like class if the properties were either within the same general asset class or within the same product class. In light of the increased and expanded expensing under the cost recovery system (ie, depreciation expense) and Section 179 expense for tangible personal property and certain building improvements, Congress believed that the like-kind exchange rules under Code Section 1031 should be limited to exchanges of qualifying real property. Thus, exchanges of machinery, equipment, vehicles, patents and other intellectual property, artwork, collectibles, and other intangible business assets do not qualify for nonrecognition of gain or loss as like-kind exchange.

 

Interest Expense Changes

New rules may change the best method for structuring business debt

Every business, regardless of its form, is generally subject to a disallowance of a deduction for net interest expense in excess of 30% of the business's adjusted taxable income. Any interest expense limited under this rule can be carried forward and used at a later date. This may cause certain businesses to evaluate how such business debts are structured.

 

Ray Dyer Jr., CPA, writes, speaks and teaches on various subjects in addition to his private practice. He is a native of Tuscaloosa and attended the University of Alabama where her received his BS in Accounting and Master of Tax Accounting degrees. His first 10 years of college were spent in Dallas, TX with international accounting firms and as a Controller/Treasurer a national real estate syndication firm.

His emphasis is working with businesses that are going through changes such as entity selection, partnership formation or dissolution, syndication or equity raising.

 

Covenant Consulting Group provides Accounting, Assurance, Auditing, Valuation, Business Advisory, and Litigation Support services to businesses and families. For more information, please go to www.covenantcpa.com

Just in time for tax season, DCL interviewed local tax accountant, Ray Dyer Jr., CPA and Managing Member of Covenant Consulting Group, about tax changes that will impact 2018. Mr. Dyer explains three important changes he will address this year in his practice.

 

Changes in the Estate Tax Exemption

It might make sense to give to grandmother rather than the kids.

The Estate Tax exemption amount has effectively doubled from approximately $12.5 million per married couple to approximately $25 million per married couple. Over the years plans have been put in place to move assets from the “parents” to the “children” to minimize future estate tax on growth assets.

Now there may be an opportunity to transfer assets to parents – who may likely be the first to die – to get a tax free “stepped up basis”. The tax impact will be noticed when the beneficiaries dispose of the the appreciated assets - any gain is potentially reduced by the stepped up amount. Taking into account future growth, this strategy would likely be most effective for joint estates in the $8 million to $18 million estate range.

 

Expensing Changes

Like-Kind exchanges are limited to Qualifying Real Property. Personal property no longer qualifies for like-kind exchange treatment. 

Under pre-Tax Cuts and Jobs Act law, depreciable tangible personal property could have been exchanged for like-kind property if the relinquished property and replacement property were of a like class if the properties were either within the same general asset class or within the same product class. In light of the increased and expanded expensing under the cost recovery system (ie, depreciation expense) and Section 179 expense for tangible personal property and certain building improvements, Congress believed that the like-kind exchange rules under Code Section 1031 should be limited to exchanges of qualifying real property. Thus, exchanges of machinery, equipment, vehicles, patents and other intellectual property, artwork, collectibles, and other intangible business assets do not qualify for nonrecognition of gain or loss as like-kind exchange.

 

Interest Expense Changes

New rules may change the best method for structuring business debt

Every business, regardless of its form, is generally subject to a disallowance of a deduction for net interest expense in excess of 30% of the business's adjusted taxable income. Any interest expense limited under this rule can be carried forward and used at a later date. This may cause certain businesses to evaluate how such business debts are structured.

 

Ray Dyer Jr., CPA, writes, speaks and teaches on various subjects in addition to his private practice. He is a native of Tuscaloosa and attended the University of Alabama where her received his BS in Accounting and Master of Tax Accounting degrees. His first 10 years of college were spent in Dallas, TX with international accounting firms and as a Controller/Treasurer a national real estate syndication firm.

His emphasis is working with businesses that are going through changes such as entity selection, partnership formation or dissolution, syndication or equity raising.

 

Covenant Consulting Group provides Accounting, Assurance, Auditing, Valuation, Business Advisory, and Litigation Support services to businesses and families. For more information, please go to www.covenantcpa.com

Here’s wishing all our Druid City Living readers a great week, filled with all kinds of outstanding local events. Get out, get involved, and above all else: Have fun. And remember: If you’d like to have your event added to our online weekly calendar, just email us at This email address is being protected from spambots. You need JavaScript enabled to view it.. We’re happy to add anything you’d like to announce.

Enjoy your week, T-Town!

Trauma is an emotional response to an intense event that threatens or causes harm, either physical or emotional.  Trauma can occur as a result of a natural disaster (such as an earthquake or flood), violence, or abuse.

Here’s wishing all our Druid City Living readers a great week, filled with all kinds of outstanding local events. Get out, get involved, and above all else: Have fun. And remember: If you’d like to have your event added to our online weekly calendar, just email us at This email address is being protected from spambots. You need JavaScript enabled to view it.. We’re happy to add anything you’d like to announce.

Enjoy your week, T-Town!

Trauma is an emotional response to an intense event that threatens or causes harm, either physical or emotional.  Trauma can occur as a result of a natural disaster (such as an earthquake or flood), violence, or abuse.

Here’s wishing all our Druid City Living readers a great week, filled with all kinds of outstanding local events. Get out, get involved, and above all else: Have fun. And remember: If you’d like to have your event added to our online weekly calendar, just email us at This email address is being protected from spambots. You need JavaScript enabled to view it.. We’re happy to add anything you’d like to announce.

Enjoy your week, T-Town!

Here’s wishing all our Druid City Living readers a great week, filled with all kinds of outstanding local events. Get out, get involved, and above all else: Have fun. And remember: If you’d like to have your event added to our online weekly calendar, just email us at This email address is being protected from spambots. You need JavaScript enabled to view it.. We’re happy to add anything you’d like to announce.

Enjoy your week, T-Town!

Lake Tuscaloosa Living (LTL) is the premier community newspaper, covering the great people, places and activities of the area.

 

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