The IRS is targeting small business – beware!

Tuesday, August 27, 2013

The IRS is targeting small business - beware!

Small business owners have always been subject to greater IRS scrutiny than other taxpayers. The lack of reported, irrefutable documentation combined with business owners’ tendency to be slightly…”liberal” with what they report makes the IRS more likely to take a second look at their returns. This is nothing new. What is new – and something […]

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U.S. Sen. Mark Warner asks SEC for answer to Nasdaq breakdown

Friday, August 23, 2013

WASHINGTON — U.S. Sen. Mark R. Warner (D-VA), a member of the Senate’s Banking Committee, sent the following letter today to Mary Jo White, chairman of the U.S. Securities and Exchange Commission. Sen. Warner asks White to look into Thursday afternoon’s three-hour breakdown in trading on the NASDAQ exchange. The text of Sen. Warner’s letter is […]

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Text of Roanoke Mayor David Bowers State of the City Address

Friday, August 23, 2013

It is an honor to give my 14th State of the City address and I want to thank everyone in attendance this morning and a special thanks, once again this year, to Joyce Waugh, and the Roanoke Regional Chamber of Commerce for sponsoring the Mayor’s State of the City address.  Thanks also to our stable […]

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Mysterious Nasdaq three-hour trading shutdown

Thursday, August 22, 2013

Mysterious Nasdaq three-hour trading shutdown

The Nasdaq exchange shutdown for three hours today affecting quote disseminatinon starting at 12:14 p.m. EST. All trading was frozen. CNBC stated that it was the longest shutdown at the exchange in recent memory. Nasdaq canceled no orders. “Nasdaq will not be canceling open orders on the book. Customers who wish to cancel their orders may […]

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Op-Ed: Pay It Forward Virginia! By Michael Abraham

Wednesday, August 21, 2013

Op-Ed: Pay It Forward Virginia! By Michael Abraham

College graduates today face a mountain of debt, cumulatively in excess of $1 trillion. One of our most treasured American values is social mobility, our traditional ladders to success. We take it for granted, but it is not universal, nor is it guaranteed. These days, many of those ladders have vanished. Mobility is achievable only […]

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U.S. Sen. Tim Kaine calls for halt to all assistance to Eqypt

Tuesday, August 20, 2013

WASHINGTON, D.C. – U.S. Senator Tim Kaine today released the following statement calling for the U.S. government to immediately cease assistance to the Egyptian government as the Obama Administration and Congress conduct a thorough policy review: “I continue to be deeply troubled by the ongoing violence in Egypt.  I strongly urge a stop to the […]

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Gov. McDonnell announces $585 million budget surplus but at what price to localities

Monday, August 19, 2013

Gov. McDonnell announces $585 million budget surplus but at what price to localities

Virginia finished FY 2013 $585 million in the black and is the fourth consecutive budget surplus in the McDonnell Administration. The governor had previously announced the revenue surplus for FY 2013, which is officially $264.3 million. Today he informed the members that the second half of the overall surplus equation, state savings, came in at […]

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Virginia unemployment rate increases for third consecutive month

Monday, August 19, 2013

Virginia unemployment rate increases for third consecutive month

The Roanoke Metropolitan Statistical Area gained 600 jobs form June 2013 to July 2013 and 2200 jobs from July 2012 to July 2013. (Preliminary) Virginia’s seasonally adjusted unemployment rate increased 0.2 percentage point for July to 5.7 percent, the third consecutive monthly increase. This is still 0.3 percentage point below the 6.0 unemployment rate at this […]

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Reverend Carl Tinsley, Sr. dies at age 80 – “People Get Ready”

Sunday, August 18, 2013

Reverend Carl Tinsley, Sr. dies at age 80 -

Reverend Carl T. Tinsley, Sr., 80, passed away Saturday, August 17, 2013 at home after an extended illness. Memories of Rev. Tinsley include his big smile and hug he gave in greeting his friends. I was grateful to be one of them. Two memories stand out – Rev. Tinsley’s big smile when opening the door to […]

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BBB Alert: payday loan scam using BBB name

Tuesday, August 13, 2013

Roanoke, VA (August 12, 2013) “I’m sorry Ma’am, but your loan cannot be approved at this time. The Better Business Bureau has put a hold on your checking account. If you can send us an additional payment…” The Virginia consumer hung up the phone. Three days, and $215.00 later she gave up hope she would […]

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Inergy pulls the plug on propane/butane terminal

Tuesday, August 13, 2013

Inergy pulls the plug on propane/butane terminal

The disgruntled rumbling from Southeast area residents was turning into a lions roar as word spread and opposition grew against the propane/butane gas terminal proposed by Inergy and located on vacant land off Progress Street in the 9th Street Industrial Park. As nonsupport from city council and the planning commission trickled out to Inergy representatives […]

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Cuccinelli’s new TV ad – hits Roanoke with fundraiser and town hall

Tuesday, August 13, 2013

Cuccinelli's new TV ad - hits Roanoke with fundraiser and town hall

Attorney General Ken Cuccinelli, Republican candidate for governor of Virginia, will hold a town hall meeting at the Hotel Roanoke on Friday from 8:00-9:00 a.m. On Thursday he will hold a private fundraiser. This past Sunday local Democrats hosted a meet and greet for Terry McAuliffe at the Sheraton Airport Hotel. Both candidates have not […]

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