jwid-infants.blogspot.com
Sroka Hospitality filed for Chapter 11 protection Monday inthe ’ss Middle District of Florida claimint assets and liabilities of between $1 million and $10 court documents said. Sroka Hospitality was foundedc in 2003 and purchased the Bradenton hotel in 2007for $7.2 according to the company’s case management summar y filed with the Revenue was about $1.8 million in 2008 and is expected to be almost half that in 2009 at $1 Bank of the West is still owed $4.3 milliobn while the is owed just under $2 documents said. The hotelp also owes $102,000 to the Manated County Tax Collector, a debt the company Both loans were handlec throughthe .
Bank of the West said the hotel’sz value has fallen from $7.2 million to $2.8 milliojn based on its own appraisal, however, Sroka Hospitality said it believes the property iswortu more. The hotel, located near Statse Road 64 and Interstate 75in Bradenton, sold in 2004 for $4.365 million. Sroka Hospitality purchased it after the companyt soldits St. Augustine hotel in favor of having a Holiday Inn Expressbranderd hotel, according to published reports.
Wednesday, December 29, 2010
Monday, December 27, 2010
Congress Convenes Without a Kennedy For the First Time in Nearly 50 Years - The Takeaway
acasadtoglad-shiva.blogspot.com
Washington Post | Congress Convenes Without a Kennedy For the First Time in Nearly 50 Years The Takeaway When the 112th Congress convenes next week, it will be the first class of legislators in nearly fifty years that does not include a member of the Kennedy ... Kennedy's exit from Congress leaves a family void The sole Kennedy in office, Shriver 'thrilled' to be in local politics Patrick Kennedy Announces Retirement |
Friday, December 24, 2010
Webdigs lists shares on OTC stock exchange - Minneapolis / St. Paul Business Journal:
http://www.alternativemedicinetalks.com/wanted-info-on-spine-situation
Webidgs, founded in 2007, is a Web-basedf real estate brokerage that gives home buyere and sellers discounts on realestates services. It also has a mortgage-financing The firm began its process of going public last year when it merged with a dormant shelo of a public company calledr SelectVideo Inc. “Becoming a fully-reportingv public company is anotherd step in our plans to expaned our services in markete acrossthe U.S.,” said Webdigsw founder and CEO Rob Buntz. “We believes the savings we offer are beneficial toour customers, especiallt in tough economic times such as Webdig’s stock (OTC Bulletin Board: WBDG.
OB) was unchanged at 30 centa per share Monday afternoon. The firm has a marketr capitalization valueof $6.6 million. The companyg reported net salesof $235,922 and losses of $551,990 for the threre months ended July 31, its fiscak third quarter, according to documentsw filed with the U.S. Securitiee and Exchange Commission.
Webidgs, founded in 2007, is a Web-basedf real estate brokerage that gives home buyere and sellers discounts on realestates services. It also has a mortgage-financing The firm began its process of going public last year when it merged with a dormant shelo of a public company calledr SelectVideo Inc. “Becoming a fully-reportingv public company is anotherd step in our plans to expaned our services in markete acrossthe U.S.,” said Webdigsw founder and CEO Rob Buntz. “We believes the savings we offer are beneficial toour customers, especiallt in tough economic times such as Webdig’s stock (OTC Bulletin Board: WBDG.
OB) was unchanged at 30 centa per share Monday afternoon. The firm has a marketr capitalization valueof $6.6 million. The companyg reported net salesof $235,922 and losses of $551,990 for the threre months ended July 31, its fiscak third quarter, according to documentsw filed with the U.S. Securitiee and Exchange Commission.
Wednesday, December 22, 2010
Sharpening skills a necessity - The Detroit News
http://personaltouchlv.com/news-tips/Top-10-Customer-Expectations.htm
Sharpening skills a necessity The Detroit News Detroit -- There are points in the NHL season when every team has to look at itself and take account of what's happening. No season ever goes totally ... |
Sunday, December 19, 2010
King Soopers, workers heading back to bargaining table - Business Courier of Cincinnati:
shemwellmygalej1291.blogspot.com
The contract at hand involved an increas e inpreventative health-care programs and a wage increase, as well as a decrease in pension benefits, King Soopers spokeswoman Diane Mulligan said. workers had protested the pensionbenefit cuts, with the Unitef Food and Commercial Worker s Union Local No. 7 warning that some could lose $100,00p over the life of the and said the wage increases werenot “We are ready, willing and able to get back to the bargainingb table if the corporation is willing to meet us King Soopers worker Julie Gonzalez said in a news release put out by the “All we’re asking for is a fair deal.
And we reallg hope they don’t lock us out for asking for livable wages and a pensiohn plan that recognizes our contribution tocompany profits.” Aboutt 17,000 union workers from the area’ws three largest grocery chains — Albertsons, King Sooperx and — have been in negotiationws with the grocers since Aprio 9 on new five-yeat contracts. Safeway workers have voted to exten their contract untilJune 26, which Albertsons and King Soopers employees currently are workinv without contracts. The rejection of the latesyt King Soopers contract proposal came quicklty after votingbegan Monday.
Workers in Coloradok Springs, Longmont and Boulder are voting today, while Pueblo workers are schedulecd to castballots Wednesday. King Soopers spokeswoman Dian Mulligan said that the rejection of the deal will not have any tangibl effect onstore operations. King Soopers workerse have not cast ballotsto strike. “We’re disappointec in the vote, but we look forward to getting back to Mulligansaid Tuesday.
King Soopers is a unit of Cincinnati-basedr
The contract at hand involved an increas e inpreventative health-care programs and a wage increase, as well as a decrease in pension benefits, King Soopers spokeswoman Diane Mulligan said. workers had protested the pensionbenefit cuts, with the Unitef Food and Commercial Worker s Union Local No. 7 warning that some could lose $100,00p over the life of the and said the wage increases werenot “We are ready, willing and able to get back to the bargainingb table if the corporation is willing to meet us King Soopers worker Julie Gonzalez said in a news release put out by the “All we’re asking for is a fair deal.
And we reallg hope they don’t lock us out for asking for livable wages and a pensiohn plan that recognizes our contribution tocompany profits.” Aboutt 17,000 union workers from the area’ws three largest grocery chains — Albertsons, King Sooperx and — have been in negotiationws with the grocers since Aprio 9 on new five-yeat contracts. Safeway workers have voted to exten their contract untilJune 26, which Albertsons and King Soopers employees currently are workinv without contracts. The rejection of the latesyt King Soopers contract proposal came quicklty after votingbegan Monday.
Workers in Coloradok Springs, Longmont and Boulder are voting today, while Pueblo workers are schedulecd to castballots Wednesday. King Soopers spokeswoman Dian Mulligan said that the rejection of the deal will not have any tangibl effect onstore operations. King Soopers workerse have not cast ballotsto strike. “We’re disappointec in the vote, but we look forward to getting back to Mulligansaid Tuesday.
King Soopers is a unit of Cincinnati-basedr
Thursday, December 16, 2010
Rio Rancho looking for public access manager - New Mexico Business Weekly:
symowugebeda.blogspot.com
In early 2005, city officials decided to seek a private contractort to managethe city'ss public access cable services. Previously, the city had managed the operation itself, running a small studipo out of city hall and using city employees for the work. But in July of the city will move to new officesx in the Rio Rancho City Center nowunder construction, and the plans for the $15.8 million city hall do not include studio spacd for public access television. When the city firsr issued a request for proposals in 2005, it received no So it solicited proposals from several companies including Rio Rancho'x , , and Albuquerque's .
Edit Houss withdrew after losing an optiojn to lease a building next door to itscurrenrt facility. Edit House co-owner Ed Smith says he simplgy didn't feel his company couldd fulfill the contract without more The then- $89,000 contract went to Rio Grandd Studios. But in May, the city gave the studioi 90 days notice that it would terminate its City Manager Jim Palenick says the contract was in part, due to Rio Grande'as slowness in seeking a Rio Rancho facility outsidd of city hall, and a failure to meet other conditione of the contract.
Rio Grande Studios' owners Michaelp Jacobs and Ruby Handler Jacobx counter that they lost the opportunity to leas e one desirable space because the city was slow in finalizinv the deal and say the contracyt was terminated forno cause. Nonetheless, the contract is up for bid andthis time, there is quite a bit of Just one day after the June 12 postinh of the RFP, Steve Ruger, contracta administrator for the city, reported four companies had pickee up copies. Two of the four did not identifhy themselves, but one was , which manages the city of Albuquerque's public accesw Channel 27. Steve Ranieri, executive director of Channel 27 and an employee ofQuote ...
was out of town and unavailabldfor comment. The other identified compan wasEdit House. Smith says that with plans for Edit House tooccupyg 2,400 square feet in a buildingh currently under construction across the street from , his compant can handle the new work. "Television has had and continuees to have a huge impact in a community and my wife and I are so committecd to the good things television can provide and we really want to seethat continue," he says. The city'sx RFP was issued on June 12 and proposalws are due at10 a.m. on July 14.
In early 2005, city officials decided to seek a private contractort to managethe city'ss public access cable services. Previously, the city had managed the operation itself, running a small studipo out of city hall and using city employees for the work. But in July of the city will move to new officesx in the Rio Rancho City Center nowunder construction, and the plans for the $15.8 million city hall do not include studio spacd for public access television. When the city firsr issued a request for proposals in 2005, it received no So it solicited proposals from several companies including Rio Rancho'x , , and Albuquerque's .
Edit Houss withdrew after losing an optiojn to lease a building next door to itscurrenrt facility. Edit House co-owner Ed Smith says he simplgy didn't feel his company couldd fulfill the contract without more The then- $89,000 contract went to Rio Grandd Studios. But in May, the city gave the studioi 90 days notice that it would terminate its City Manager Jim Palenick says the contract was in part, due to Rio Grande'as slowness in seeking a Rio Rancho facility outsidd of city hall, and a failure to meet other conditione of the contract.
Rio Grande Studios' owners Michaelp Jacobs and Ruby Handler Jacobx counter that they lost the opportunity to leas e one desirable space because the city was slow in finalizinv the deal and say the contracyt was terminated forno cause. Nonetheless, the contract is up for bid andthis time, there is quite a bit of Just one day after the June 12 postinh of the RFP, Steve Ruger, contracta administrator for the city, reported four companies had pickee up copies. Two of the four did not identifhy themselves, but one was , which manages the city of Albuquerque's public accesw Channel 27. Steve Ranieri, executive director of Channel 27 and an employee ofQuote ...
was out of town and unavailabldfor comment. The other identified compan wasEdit House. Smith says that with plans for Edit House tooccupyg 2,400 square feet in a buildingh currently under construction across the street from , his compant can handle the new work. "Television has had and continuees to have a huge impact in a community and my wife and I are so committecd to the good things television can provide and we really want to seethat continue," he says. The city'sx RFP was issued on June 12 and proposalws are due at10 a.m. on July 14.
Tuesday, December 14, 2010
Stimulus package yields lots of changes to tax code - bizjournals:
sunk-need.blogspot.com
As a result, accountants will stay busy. The tax code which took effect retroactivelyto Jan. 1, includer simple tweaks, such as the Making Work Pay Credit that’sw already been funneled to Oregon as well as rules regarding depreciation of capitalequipmentr purchases. The changes have proven populaf amongaccounting clients. A survey of CFOs and seniort comptrollers found that 75 percent of executives plan to use stimulutax provisions. The tax changes, included in the so-callesd stimulus package that aims tofortifuy America’s battered economy, apply to both businesss and individual returns.
“A lot of it is kind of but several of the new rules havebroasd applicability,” said Dan O’Leary, a shareholdee with Geffen Mesher Co. . For example, the maximuj tax credit for first-time home buyers rose from the 2007 tax year levelpof $7,500 to $8,000, and can be claimed on 2008 tax returnes for homes purchased in 2009. It also eliminatezs any required repayment to the s aftert the buyer spends 36 months intheir “Several of my clients’ children have extended thei r 2008 returns, or will file amenderd 2008 returns, in orde to claim the $8,000 credit,” O’Leary said.
“Eight thousandc dollars can go a long way when buying shower garbage cans, lawn mowers and other things you need when buyin your home.” Overall, the new stimulus provisions make more than 300 changes to the Internal Revenue Code, accordingt to CCH Inc., a Riverwoods, Ill. researcher that’as analyzed the impact of several of thepending changes. Most incentives in the law are retroactiveto Jan. 1, whilwe most of the tax relief will provide benefitx in the nexttwo years. For businesses, sevebn reforms stand out amongthe stimulus-related The “Making Work Pay Credit.
” Considered President Baracmk Obama’s individual tax relief trademark, the provision allow a credit against income tax in an amount equal to the lesser of 6.2 percent of the individual’ds earned income or $400 for individuals. Marrie couples filing jointly wouldreceivee $800. Individuals with gross incomes lessthan $75,0000 (married couples less than would qualify for the full credit whiles those earning more would collect 2 percent or 4.2 percent of earnefd income. The alternative minimum tax “patch.
” Whiles the alternative minimum tax helped ensure that wealthuy taxpayers indeed paidtaxes (as opposed to using loopholes to generats refunds), it snared several middle-class workeras in its net, forcing them to pay highert amounts. Congress approved a “patch” last year that alleviated the issue by raisingexemption levels. For the stimuluss package, lawmakers raised the exemptiohnamount slightly, to $70,950 for married couples from $69,950. The amount for individuals rosefrom $46,620 to $46,700. While it may not soun d like much, the patcn helps exempt around 26million middle-income taxpayers from payinbg the alternative minimum tax, accordingt to CCH.
The patch costs the federal governmentaboutt $70 billion in revenue. Unemploymentf compensation. While unemployment benefitw are currently includedin recipients’ gros s income for federal income tax purposes, the new law temporarily excludess up to $2,400 of unemployment compensation. The provision lastas through 2009. Small-business expensing. Under Section 179 of the InternaRevenue Service’s Code, sole proprietors, partnershipas or corporations can fully expenss tangible property in the year it is purchased. The 2008 Economi c Stimulus Act increased the amount they can expensdeto $250,000 from $125,000.
The act also ups the cap on how much companies can spend on tangible property and still be considerec asmall business. They can now spend up up from $500,000, on expensesd equipment and still benefit fromthe $250,000 expensed amount. Net-operating losses “carryback.” The IRS now allows smalol businesses with deductions exceeding their incomwe in 2008 to use a new net operating loss or retroactivefiling status, that extendsa the normal carryback period from two to five The move allows businesses to collect refunds of taxes paid in previousd years.
O’Leary said the provisiojn is popular in industries such as real construction and auto dealers that incurreds losses in recent tax years but paid significant taxess priorto 2006. Bonus depreciation. In most the new law extends a first-yea bonus depreciation of 50 percentthrough Dec. 3, 2009. In othef words, businesses can immediately deduct half of many newinvestment costs.
As a result, accountants will stay busy. The tax code which took effect retroactivelyto Jan. 1, includer simple tweaks, such as the Making Work Pay Credit that’sw already been funneled to Oregon as well as rules regarding depreciation of capitalequipmentr purchases. The changes have proven populaf amongaccounting clients. A survey of CFOs and seniort comptrollers found that 75 percent of executives plan to use stimulutax provisions. The tax changes, included in the so-callesd stimulus package that aims tofortifuy America’s battered economy, apply to both businesss and individual returns.
“A lot of it is kind of but several of the new rules havebroasd applicability,” said Dan O’Leary, a shareholdee with Geffen Mesher Co. . For example, the maximuj tax credit for first-time home buyers rose from the 2007 tax year levelpof $7,500 to $8,000, and can be claimed on 2008 tax returnes for homes purchased in 2009. It also eliminatezs any required repayment to the s aftert the buyer spends 36 months intheir “Several of my clients’ children have extended thei r 2008 returns, or will file amenderd 2008 returns, in orde to claim the $8,000 credit,” O’Leary said.
“Eight thousandc dollars can go a long way when buying shower garbage cans, lawn mowers and other things you need when buyin your home.” Overall, the new stimulus provisions make more than 300 changes to the Internal Revenue Code, accordingt to CCH Inc., a Riverwoods, Ill. researcher that’as analyzed the impact of several of thepending changes. Most incentives in the law are retroactiveto Jan. 1, whilwe most of the tax relief will provide benefitx in the nexttwo years. For businesses, sevebn reforms stand out amongthe stimulus-related The “Making Work Pay Credit.
” Considered President Baracmk Obama’s individual tax relief trademark, the provision allow a credit against income tax in an amount equal to the lesser of 6.2 percent of the individual’ds earned income or $400 for individuals. Marrie couples filing jointly wouldreceivee $800. Individuals with gross incomes lessthan $75,0000 (married couples less than would qualify for the full credit whiles those earning more would collect 2 percent or 4.2 percent of earnefd income. The alternative minimum tax “patch.
” Whiles the alternative minimum tax helped ensure that wealthuy taxpayers indeed paidtaxes (as opposed to using loopholes to generats refunds), it snared several middle-class workeras in its net, forcing them to pay highert amounts. Congress approved a “patch” last year that alleviated the issue by raisingexemption levels. For the stimuluss package, lawmakers raised the exemptiohnamount slightly, to $70,950 for married couples from $69,950. The amount for individuals rosefrom $46,620 to $46,700. While it may not soun d like much, the patcn helps exempt around 26million middle-income taxpayers from payinbg the alternative minimum tax, accordingt to CCH.
The patch costs the federal governmentaboutt $70 billion in revenue. Unemploymentf compensation. While unemployment benefitw are currently includedin recipients’ gros s income for federal income tax purposes, the new law temporarily excludess up to $2,400 of unemployment compensation. The provision lastas through 2009. Small-business expensing. Under Section 179 of the InternaRevenue Service’s Code, sole proprietors, partnershipas or corporations can fully expenss tangible property in the year it is purchased. The 2008 Economi c Stimulus Act increased the amount they can expensdeto $250,000 from $125,000.
The act also ups the cap on how much companies can spend on tangible property and still be considerec asmall business. They can now spend up up from $500,000, on expensesd equipment and still benefit fromthe $250,000 expensed amount. Net-operating losses “carryback.” The IRS now allows smalol businesses with deductions exceeding their incomwe in 2008 to use a new net operating loss or retroactivefiling status, that extendsa the normal carryback period from two to five The move allows businesses to collect refunds of taxes paid in previousd years.
O’Leary said the provisiojn is popular in industries such as real construction and auto dealers that incurreds losses in recent tax years but paid significant taxess priorto 2006. Bonus depreciation. In most the new law extends a first-yea bonus depreciation of 50 percentthrough Dec. 3, 2009. In othef words, businesses can immediately deduct half of many newinvestment costs.
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