As 2012 draws to a close, there is still time to reduce your 2012 tax bill and plan ahead for 2013. The following summary outlines several potential tax-saving opportunities and important tax tips to keep in mind as you look to year end. As a general reminder, there are several ways to file an income tax…
DetailsThe holiday season is upon us and, for most of us, the month is filled with offices parties, holiday events, and good cheer. It is also an ideal time to network. Most people are relaxed and in a cheerful mood. Unless someone is completely inebriated, it could be a good time to casually talk…
DetailsCentral Grocers, a member-owned grocery wholesaler, said it has agreed to acquire the distribution arm of Chicago-based Dearborn Wholesale Grocers. Terms were not disclosed. According to its website, Dearborn, founded as a wholesaler in 1919, operates a 350,000-square-foot main distribution center in Chicago. The company also operates a 120,000-square-foot facility for reserve stock, health and…
DetailsAfter imported beer brands sank to their lowest U.S. consumer satisfaction levels in two years during the first half of 2012, the sector has largely rebounded, according to YouGov BrandIndex, which measures public perception of thousands of brands across dozens of sectors. Imported beer has followed the same consumer perception pattern this year and last.…
DetailsAs revenues from gasoline and tobacco products fall, foodservice sales are increasingly becoming c-stores’ most profitable category. Convenience store foodservice is an $11 billion industry, and the second-largest retail host foodservice category behind supermarkets. The c-store segment comprises about 29% of retail foodservice and almost 2% of the total foodservice industry. Technomic projects that c-store…
DetailsFresh fruit with yogurt dip, single sliders, and mini-whoopie pies are all part of a trend in grocery stores to market more healthful snacks, Supermarket News reports. As the snack trend continues to accelerate, supermarkets are drawing attention to the healthy offerings with banners, signs, and displays. A Mintel study found that 65% of…
DetailsThere’s little doubt within the tobacco industry that electronic cigarette enthusiasm is high. So it makes sense that Wells Fargo senior analyst Bonnie Herzog decided to center her most recent “Tobacco Talk” series around the nascent category, inviting Kevin Frija of Vapor Corp. to share his insights on the segment. “The retailers are definitely open…
DetailsThe American Legacy Foundation says that smoking by high-school students has fallen 18 percent since 2000, adding that antismoking ads deserve some of the credit, the Washington Post reported recently. The National Youth Tobacco Survey also said smoking among middle-school students dropped 5.4 percent. The survey, conducted with the federal Centers for Disease Control and…
DetailsMost major oil companies are joining forces to help stem skimming incidents at the pump, BankInfoSecurity reports. The companies are sharing data about skimming incidents to create a new database that will assist the industry in following fraud trends. The Petroleum Convenience Alliance for Technology Standards (PCATS) is managing the database, which also receives information…
DetailsIf you transferred anything of value to another person during 2012, consider whether you need to file a gift tax return. Some transfers require a return even if you don’t owe tax. And, in some cases, it’s desirable to file a return even if it’s not required. Generally, you’ll need to file a gift tax…
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