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IRS Decision Good News for Small Businesses | Print |  E-mail
Written by Indiana Chamber of Commerce   

IndianaChamberYou don’t hear this often: Kudos to the IRS. They’ve stopped plans that would have been a nightmare for small business recordkeeping. The Phoenix Business Journal reports:

The Internal Revenue Service has dropped plans to require businesses to reconcile their receipts from credit card transactions with reports filed with the IRS by third-party payment entities.

Legislation enacted in 2008 requires these third parties to report how much every merchant is paid each year through credit cards, debit cards or services like PayPal. For the 2012 tax year, the IRS planned to require businesses to reconcile their records with these third-party reports when they file their tax returns.

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Indiana Pipeline: The Good News Just Keeps Coming | Print |  E-mail
Written by Indiana Economic Development Corporation   

IEDCLogoThe good news just keeps coming in. Indiana enters February of 2012 as the 23rd state to pass right-to-work legislation. Aside from what it means for Hoosier workers who now have the right to choose whether or not to financially support a labor union, it also means that more companies looking to expand or relocate their business to a state of higher profits will finally get to see how Indiana stacks up against other right-to-work states.

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Nominations and Applications Open for Business Awards Program | Print |  E-mail
Written by Indiana Economic Development Corporation   

IEDCLogoNominations and applications for the fifth-annual Indiana Companies to Watch awards program, highlighting some of the state's most impressive second-stage growth companies opens today.

Presented by the Indiana Economic Development Corporation, its Small Business Development Center network (ISBDC) and the Edward Lowe Foundation, Indiana Companies to Watch recognizes privately held Indiana businesses that employ six to 150 full-time employees and have between $750,000 to $100 million in annual revenue or capital.

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From My Desk to Yours – Looking Ahead | Print |  E-mail
Written by Terry Hufford   

As January comes to a close, most people continue to talk about the mild weather thus far this winter with fear of payback on snow and ice in the spring months of April and May. I shared my own disappointment just two weeks ago when after an eight inch snow storm and a beautiful white Saturday morning, we saw dirt and mud soon thereafter from a downpour of rain.

Two things are certain about our weather. The first is that no one can predict it and second is that we cannot change it.

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Topperz Named February 2012 Portage Chamber Business of the Month | Print |  E-mail
Written by Portage Chamber of Commerce   

Our February 2012 Business of the Month is fairly new to our community and our Chamber. They are small in size but big on quality and building relationships.

Michelle Golab has worked hard at achieving success by offering an excellent prouct in a friendly atmosphere for a reasonable price. Michelle’s restaurant has become part of our PCBN events by serving delicious complimentary samples of her menu to businesses and citizens that attend the event.

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