The So-Called Medicare Tax
is a complicated issue.  High income earners or those who have capital gains above a threshold amount of $250,000 (individual) or $500,000 for a couple may be subject to a new 3.8% Medicare tax on the amount above the threshold.  Snope.com has a good explanation of this.  The tax is on properties or investment income earned after January 2013. 

3-5 Inches of New Snow Falls on Riverhead.

Once again the forecasters were right on the money with their prediction of 3 to 5 inches of snow in the Riverhead-Calverton area starting in the small hours of Friday.  The snow was light ending at about 10 am Friday morning, but it was enough to cause some school delays in the Riverhead area.  The Charter school and McGann-Mercy had delayed starts of two hours.

Shoreham-Wading River Facing Hefty Proposition

Removal and replacement of oil storage tanks in the SWR school district is expected to run about $825,000.  A proposition for residents approval will be presented in May of this year.  Approval, they say, will not have any tax consequences.  An additional $66,000 will be required for drainage system improvements.

Sarah Palin to Address LIA

The Long Island Association has announced that former Governor of Alaska and VP candidate Sarah Palin has accepted an invitation to speak before the LIA membership at a meeting on February 17 at the Crest Hollow Country Club in Woodbury.

Bogus $100 Hundred Dollar Bills

Two men are being sought as suspects in passing counterfeit one hundred dollar bills at the Wal-Mart in Riverhead.  The suspects images were caught by a security camera and the photos have been distributed by police.