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Business

  • Gifts that give back

    Question: As a business, I get a lot of requests from local charities to sponsor events or make donations. Can I deduct that on my taxes?

    Answer: While your purpose for giving to charity should be altruism, it is important to know  great tax benefits exist for those who give, both as individuals and as businesses.

  • Lakewood Elementary names interim principal

    Lakewood Elementary School Assistant Principal Jonathon Williams will serve as interim principal next year.

    Williams moves into the post after current principal, Shelee Clark, was selected to fill the one-year job of director of Professional Growth and Effectiveness. She will return to Lakewood as principal before the beginning of the 2015-16 school year.

  • Nielsen to close Radcliff call center

    Changing times at Nielsen mean changes for Radcliff.

    In a notice dated Tuesday to Radcliff City Hall, Nielsen senior human resources partner Tamela Puckett said the media statistics company will close the center effective July 31.

    According to the document, 237 employees will be affected and the change is expected to be permanent.

    In a statement from Nielsen, a spokesman said the changes are part of the company’s reorganization.

  • Deom property heading to auction

    Once a burgeoning full-service health care line, the former home of Deom Health Enterprises will be on the auction block later this month.

    The approximately 30,000-square-foot facility at 75 Nature Trail off Joe Prather Highway will be auctioned May 20 in a sealed bid process. Bids are due by 4 p.m. at Tranzon Asset Advisors, 1108A N. Dixie Ave., in Elizabethtown, said Vice President Jeff Farmer.

  • Your financial road trip

    Question: I am looking for a solid financial plan. Help!

    Answer: As families gear up for summer vacations, many plan to take road trips. Whether to visit relatives, national parks, or popular amusement destinations, these trips need to be planned in detail so the destination can be reached with as few bumps as possible. Your finances can be viewed in the same manner. Your destination equals your financial goals. What process do you need to get there? Here is a map for your financial road trip.

  • New 60-day rollover rules

    Question:What is the new rule regarding a 60-Day IRA-to-IRA Rollover?

    Answer:On March 20, the IRS released Announcement 2014-15 providing new guidance on the once-per-year rollover rule.

    The guidance became necessary in light of a recent tax-court decision in the Bobrow case. Going forward, you only are able to do one 60-day IRA-to-IRA rollover in a one-year period — once every 365 days — not a calendar year.

  • Economic development agency addresses Radcliff’s housing market

    Board members of the North Hardin Economic Development Authority met Tuesday as part of a regularly scheduled quarterly meeting to weigh in on recent discussions regarding Fort Knox’s housing market.

    Chairman Mike Weaver said he shared with board members facts about the Department of U.S. Army’s decision to open housing to all branches of the military, including active duty and reserve, Department of Defense employees, military and federal civil service retirees and DoD contractors, not only at Fort Knox, but also at 18 other Army posts throughout the country.

  • RSBA celebrates first anniversary

    The Radcliff Small Business Alliance met at Colvin Community Center to celebrate the anniversary of its first meeting on April 9.

    President Terry Shortt opened the meeting with introductory remarks and followed with a year end report to the membership. He also recognized volunteer official photographer Anne Flanagan who has attended and documented all but one of the 38 events held in the first year. Asked how many photos she had taken she remarked, “A little over 1,500.”

  • Sale of First Federal announced

    First Financial Service Corp., the holding company for First Federal Savings Bank of Elizabethtown, will be sold to an Indiana bank company.

    The definitive agreement finalizing the deal was signed Monday night. It had been approved earlier in the day by the First Financial board of directors and the board of Community Bank Shares of Indiana.

    It is a stock transaction valued at approximately $17.9 million. No money is changing hands in the deal, according to a joint news release issued Tuesday morning by the companies.

  • Need more fencing? Choose supplies wisely

    The following recently appeared in the Ohio Beef Cattle Letter, and provides some valuable information on wood posts for those of you who may be getting ready to build new or replace fences damaged by this winter’s ice storm. Merri Collins, with McArthur Lumber and Post authored this article.