NACS will shortly be providing the details for MIRA members to take advantage of the special 2014 MIRA NACS Show Group Rate of $225 for all MIRA members. This special MIRA NACS Show offer will be good through August 31. We appreciate your patience. Retailers should view trade shows as opportunities to strengthen industry relationships,…
DetailsIn Indiana, the state will be switching from a prepaid sales tax on gasoline, which was collected from retailers, to a gasoline-use tax based on a rolling monthly statewide average that is collected from distributors. The tax rate could change from month to month depending on the average price for gasoline. For the month of…
DetailsATTENTION MIRA MEMBERS: MIRA Members receive a discounted rate for NACS show tickets! Only available until September 26th! October 7-10, 2014REGISTER HERE MIRA members receive a special discounted group rate of $225 per person. Use priority code MIRA14 This rate will be only available until September 26, 2014. For hotel information, click here.
DetailsBy: Randall A. Denha, Esq.* Transferring assets to a trust to reduce tax liability and achieve other goals is a common and straightforward estate planning strategy. Where a trust is set up, however, can impact its effectiveness. Because states have varying trust laws, some jurisdictions may be more favorable for a trust’s situs (or location)…
DetailsMany call it socialism, but customers line up for cheaper fuel. The City of Somerset, Kentucky, has recently entered the retail fueling business, having converted a city-owned fuel storage facility into a no-frills gas station that sells gas for just a few cents below local fuel retailers. Somerset city officials claim they have the best…
DetailsSome say higher drinking age creates ‘forbidden fruit’ syndrome By Brandon Griggs, CNN When asked what the minimum legal drinking age should be in the U.S., Heath says 8, or maybe even 6. No, the Brown University anthropology professor is not advocating getting kids drunk. Instead he favors a cultural model, common in countries like…
DetailsLetter to the EditorBy PAT LaVECCHIAMIRA Chairman If you were in business and every month your vendors sent you a murky, incomprehensible bill filled with inexplicable charges, and then insisted you pay it or risk going out of business, you would be outraged. Yet that’s exactly what happens to merchants at the hands of Visa…
DetailsForbes When the Sazerac Co. bought a run-down whiskey factory on the banks of the Kentucky River in 1992, it renovated the compound and rechristened it Buffalo Trace Distillery, after the trails cut into the countryside by bison centuries ago. Yet the name change prompted a question as predictable as the ancient buffalo’s migration: Why…
DetailsBoth Hershey and Mars announce price increases Mars Chocolate North America announced a price increase last week, which follows a similar July 15 announcement by The Hershey Company. Mars said on July 23 that is raising its prices by an average of 7% to offset rising costs — its first increase in three years. “In…
DetailsBy: Randall A. Denha, Esq.* Sam and Marie have been married for 38 years. Like many couples, early in their marriage, they gravitated toward a division of labor that worked for them. Sam is an amateur chef, so he handles the grocery shopping, the meal planning, and the cooking. Marie loves the outdoors, so she…
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