Breaking News

Public Construction

A desire to improve quality of life and address needs in critical areas such as fire protection, water, flood protection and workforce led to a number of public construction projects, both new and ongoing, in the Minot area in 2022. The Mouse River Enhanced Flood Protection Project made ...

Homes of America one year later

The residents of three Minot area manufactured home parks (Parkview MHP, Western Village, MHP, and Holiday Park MHP), have endured one bout of confusion and controversy after another ever since their communities were purchased by out-of-state company Homes of America, LLC. Initially ...

Norsk Hostfest 2022 re-cap

Bringing back an annual Scandinavian festival was the main priority this past year for the Norsk Hostfest Board of Directors, said Board President Tim Mihalick. After a two-year hiatus, the board made some changes, creating a new baseline, but were very happy overall with the 2022 event. ...

Year-End Estate Planning Updates

The end of the year is a good time to review the current gift and estate tax rules and stay up to date with the minor changes coming in 2023. Annual gift tax exclusion. This is the amount you can give to another person per calendar year without reporting it to the IRS. The annual gift tax exclusion is $16,000 in 2022 and will increase to $17,000 in 2023. This covers everything from a $500 gift card at Christmas to a $64,000 gift made in four parts (Mom gives $16,000 each to son and daughter-in-law and Dad does the same). Any gifts more than the annual exclusion amount should be ...