PortageLife.com
You 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.
South Shore Clean Cites Inc. recognized individuals, businesses and municipalities during the 2012 annual meeting for their efforts in implementing alternative fuels and lowering toxic emissions.
The inaugural Stakeholder Awards were presented by Carl Lisek, executive director. He said the awards recognize the results of preserving and revitalizing northern Indiana through promoting the use of clean fuels and clean-vehicle technologies.
Indiana Dunes Tourism, the official tourism bureau of Porter County, wants to know who offers the best service in Porter County.
Each year, Indiana Dunes Tourism presents R.O.S.E. (Recognition of Outstanding Service) Awards to those businesses and people who provide service that goes above and beyond.
The tourism bureau is asking people to nominate either a business or an individual who works at a business. Nominations should also include a brief explanation about why the business or person is worthy of an award.
Ma
naging Board Welcomes New Directors
The Northwest Indiana Forum elected Don Babcock (NIPSCO) to continue in his role as Chair of the 2012 Managing Board of Directors with a unanimous vote. Jill Ritchie (United States Steel Corporation) will serve as Chair-Elect and Tom Keilman (BP) as Secretary/Treasurer.
Building on the history of strong and effective volunteer committees’ work, Charles Weaver (Starke County Economic Development Foundation) will lead the Economic Development efforts. Chairing Environmental Affairs and Public Policy are Robert Crookston (Microbac Labs) and Jill Ritchie (United States Steel Corporation) respectively. Cal Bellamy (Krieg DeVault) will oversee the Audit Committee while Dewey Pearman (Construction Advancement Foundation) will handle member retention and recruitment duties.
We’re excited to announce that Ideas in Motion Media is teaming up with Arnell Chevy-Kia to bring the Chevy Volt to the good news community, as the company expands throughout Northwest Indiana in the coming months.
“The Chevy Volt has an incredible combination of technology and is the ideal fun, fuel-efficient performance sedan,” said Dave Arnell, owner of Arnell Chevy-Kia. “The LIFE sites are the perfect partner to help us get the word out not only about Arnell Chevy-Kia, but also the awesome story behind the Volt and all that Chevrolet does to invest in the future of automobile technology.”