Business

Tax Deadlines Pushed Back
8:35 am
Mon April 9, 2012

KY Taxpayers Get Extra Days This Year to File

The Kentucky Department of Revenue is reminding taxpayers this year they’ll have two extra days to file their income taxes.  The 2012 deadline is April 17th because of Emancipation Day, a holiday observed in the District of Columbia which falls on Monday, April 16th.  By law, D.C holidays affect tax deadlines in the same way federal holidays do.  All valid six month extensions filed on or before April 17th will extend the due date for filing until October 15th.   Also, the IRS is postponing certain tax deadlines for those who reside or have a business in a disaster area until May 31st.

Business
4:00 am
Mon April 9, 2012

Toyota Auto Incentives

www.toyotageorgetown.com

Kentucky Governor Steve Beshear has signed a bill into law that gives tax incentives to automakers in Kentucky.

The new law allows manufacturers and suppliers to tap the incentives if they have 1,000 employees, have been in business in Kentucky for at least five years and are willing to invest $100 million in the state. The law is an extension of a 2007 program that allowed Ford to invest more than one billion dollars into its two Louisville plants to expand the workforce and re-tool assembly lines.

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Business
4:23 pm
Thu April 5, 2012

Kentucky Corn on the Rise

Jim Champion wikimedia commons

National grain specialists are predicting a record amount of corn could go in the ground this spring.  As Kentucky Public Radio’s Stu Johnson reports, a rise in corn yields has been a trend in the commonwealth...

University of Kentucky Extension Professor of Grain Crops, Chad Lee says Kentucky’s corn acreage could go up about ten percent this year.  Lee says the profit potential is partly the result of warmer than usual weather.  He says, in the bluegrass, corn has gone from being the number three crop to number one in the last few years.

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Whiskey Making
8:00 am
Fri March 30, 2012

Genetically-Modified Corn Nearly Unavoidable in Bourbon Distilling

Nearly 90 percent of the corn in this country is genetically-modified. And as using genetically-modified—or GM—corn becomes increasingly popular in everyday foods, more people are becoming concerned about potential ill effects on human health and the environment.

Besides being used in food, that corn is also finding its way into Kentucky’s signature spirit: bourbon.

In the grain room at the Four Roses Distillery, master distiller Jim Rutledge is pours corn kernels into a small glass.

“I’m just going to heat this up,” he says.

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Business
7:13 am
Fri March 30, 2012

Illinois House Passes Password Snooping Ban

The Illinois House wants to bar employers from asking workers and job applicants for access to social media like Facebook.  The legislation passed Thursday and now goes to the Senate.  Some employers, particularly law enforcement, have begun asking for passwords so they can review the online activities of job applicants.  Under the legislation, workers could file lawsuits if pressured to open up private accounts if they're denied a job for refusing. Employers could still ask for usernames to view public information online, and they can monitor work-owned computers.

Business
3:56 pm
Thu March 29, 2012

MCTA Action Plan to Reorganize System

murraytransit.com

The Murray-Calloway County Transit Authority approved an action plan to reorganize the public transit system. The MCTA saw a spike in ridership and income during February, but overall the company has a net income of negative $13,815. Director Bjarne Hansen says the board is working to put together more committees to focus on specific topics to reduce costs like fuel consumption, land sale, and vehicle size. Hansen also says MCTA is reorganizing their staff, which includes an outsourcing of payroll to an independent company called Martin, Colson, Hale, and Henderson.

Agriculture
12:32 pm
Tue March 27, 2012

170 KY Beef Producers Win Restitution from Eastern Livestock

Derek Balsley-Wikimedia Commons

Four executives of Eastern Livestock have entered guilty pleas in court, and will be ordered to pay restitution to 170 beef producers they de-frauded. Kentucky Attorney General Jack Conway says the pleas were entered in Barren-Metcalfe Circuit Court.

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West Kentucky Workforce Investment Board
1:53 pm
Fri March 16, 2012

West Kentucky Workforce Investment Board Issues Draft of Economic Development Plan for 2012-2013

For the past 14 years, the non-profit West Kentucky Workforce Investment Board has worked with the unemployed in our region to provide resources for those looking for new jobs. The WKWIB released a draft of their economic development plan for the next year this week. The board’s local director Shelia Clark says the WIB’s main goal is to provide training for recently laid off workers and other’s who are unemployed.

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Business
5:53 am
Wed March 14, 2012

Alcoholic Beverage Server Training

Businesses that serve alcohol in the city of Paducah might soon face a mandatory obligation to send their staff to alcoholic beverage server training. During the Paducah City Commissioners’ meeting Tuesday, commissioners heard and discussed a presentation on the program, “Server Training in Alcohol Regulations” or “S.T.A.R.”.

Civil Suits
11:26 am
Thu March 8, 2012

Complaint Filed Against Chuck and Sarah Jones, CA Jones Management Group

facebook.com

One of Murray's largest private business owners and philanthropists is under fire from one of his investors.  David Griffin's attorney filed a complaint against Chuck and Sarah Jones in federal court late last month. Chuck and Sarah Jones operate several companies under the the name of C.A. Jones Management. 

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