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June 17, 2016

Every year, the IRS adjusts more than 40 tax provisions for inflation. This is done to prevent what is called “bracket creep.” This is the phenomenon by which people are pushed into higher income tax brackets or have reduced value from credits or deductions due to inflation, instead of any increase in real income. The IRS uses the Consumer Price Index (CPI) to calculate the past year’s inflation and adjusts income thresholds, deduction amounts, and credit values accordingly. Rather than directly adjusting last year’s values for annual inflation, each provision is adjusted from a specified base year. More information from the Tax Foundation.

The Illinois Institute for Rural Affairs at Western Illinois University will offer a Master of Community and Economic Development degree (CED), designed for current and aspiring professionals. The degree will provide the latest tools and skills in Community Development, Economic Development, and Marketing and Data Analysis. Course content is primarily online with occasional face-to-face meetings at WIU’s Quad Cities campus in Moline. The hybrid delivery provides the interaction and personal attention of face-to-face class meetings and the flexibility of online learning. Students who enroll full-time can complete their degree in 17 months while continuing to work full-time. 

Register Now!
If you are not quite ready to pay,
but do plan to attend, you can still register 
with the option to be billed later. 

2016 Course Schedule

You can also watch John Gruidl do a really great
 job explaining CDI in less than 4 minutes in this new video.


June 27 - Farm Dreams, Prairie Fruits Farm & Creamery, Champaign, IL
July 11 - Farm Dreams, Blue  Yonder Organic Farm, North Salem, IN
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