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Will tax reform affect home sales?

Homeowners, buyers and sellers are no doubt wondering how the tax reform legislation will affect them. The plan, which is expected to lower income tax bills next year for many households, is the most significant overhaul to the tax code since 1986, but several provisions have a direct impact on the housing market. Standard deduction: The new law increases the standard deduction to $12,000 for single filers and $24,000 for joint filers. For many homeowners, it no longer makes sense to itemize deductions. Mortgage interest deductions: The new law caps the limit on deductible mortgage debt at $750,000 for loans ...

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TropiClean recognized for leadership

TropiClean, a global pet care product company headquartered in Wentzville, was one of two 2017 Excellence in Community Development honorees recently recognized by Progress 64 West.

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USO honors local DAR chapter in St. Charles County

The Caroline Close Stuart Chapter, National Society Daughters of the American Revolution recently was awarded with the USO Five Star Award 2017 for its more than $11,000 in in-kind donations to the James S. McDonnell USO at Lambert Airport.

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Business Briefs: Nov. 1

PLACES  OsteoStrong, a wellness system that supports overall health by focusing on strengthening the skeletal system, recently opened an O’Fallon location at 44 Crossroads Plaza, just north of the intersection of highways K and N. OsteoStrong O’Fallon is owned by local business owners and franchisees Mike and Christine Baue, of Weldon Spring. • • • Owners Jerry and Richard Pogue recently celebrated the new entrance to Arrowhead Building Supply, Inc. with a ribbon-cutting ceremony. Joining them were city of St. Peters Mayor Len Pagano, members of the city of St. Peters Board of Aldermen, employees of Arrowhead Building Supply, and ...

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