Northeast unemployment rate takes a small jump

January 12, 2020

first_imgAs reported earlier, the province-wide seasonally adjusted rate held firm at 7.3 per cent in July but that left it slightly ahead of the national rate. It dropped from 7.4 to 7.2 per cent, the lowest level since December 2008, at the peak of the latest recession. The Canadian rate is also nearly two full percentage points lower than the rate in the U.S, which dropped slightly but is still at 9.1 percent.- Advertisement – As a result the local area jobless rate went from 4 to 4.4 per cent but remains the lowest regional rate in the province.last_img read more

September 17, 2019

More volunteers and more financial support needed for a more successful conch

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppMore volunteers and more financial support needed for a more successful conch fest. Public Relations Officer, Algernon Dean, told media the event has made major strides and is consistently growing, but the event costs organizers some $15-$20, 000 to get off the ground. This year the Conch fest had more activities and competitions to keep its patrons entertained. It was the first time, for the Premier’s Conch knocking competition which the Premier Hon. Rufus Ewing, reportedly sponsored at $1000 of his personal money. As Culture and Tourism minister, Ewing told us that will event will expand the challenge for next year. Fresh off a win at the Island street food fair, Mr. Grouper 1st proving to be an eatery power house, getting 1st place for best Conch Chowder… while Bay Bistro won best Conch Salad and the Conch Specialty dishes. Hemingway’s restaurant was the people’s choice winner this year. Related Items:last_img read more

Protect Your eBay Business from Audits

August 30, 2019

Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals 5 min read October 10, 2006 Opinions expressed by Entrepreneur contributors are their own. Register Now » Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. I’m not going to waste this column space telling you to shred your old paperwork, clear up your shipping area or, better yet, get your inventory organized so it’s no longer the hellacious mess it became soon after you started your eBay business. What I am going to tell you about are your government responsibilities.When you have a small business, Uncle Sam and his state affiliate cousins knock at your door on a regular basis. Filing all your forms and paying your taxes correctly and on time will hopefully keep you off of the master audit list. But even more important is keeping good records for your business. When you keep your books current, filling out your tax forms takes a lot less time–and if you do get audited, you’ll have everything at the ready.Beyond keeping track of your gross sales and expenses for your end-of-year returns, there are a few other state-mandated responsibilities you need to take seriously: your state sales tax (if applicable), employee data recording and your quarterly payroll taxes.State Sales TaxFirst, know that you only have to charge sales tax if you’re selling to a customer in the same state your business is located in and if your state has a sales tax to begin with. If you don’t have to bother with this, consider yourself lucky. Otherwise, there’s a simple step you can take to ease the burden.My primary recommendation is that you keep the sales tax you collect in a separate bank account so the money’s available when the time comes to send it in. The seller who collects sales tax gets another bonus–the tax ID number issued by the state is also usually a reseller or sales permit. This number will magically open the doors to buying wholesale merchandise to sell on eBay.Since the state sales tax issue varies so much by state and I can’t outline it all in detail here, check your state’s official website to get more information.Employee DataMany small eBay sellers may only have one or two employees–others may have 15. In either case, the drill’s the same. You can run your business with your own Social Security number, but once you get employees, you need to get an Employer Identification Number.To obtain an EIN, call the IRS Business & Specialty Tax Line at (800) 829-4933. An IRS representative will take your information and assign you a number over the phone. Or if you’re the online type (and what eBay seller isn’t?), you can go to https://sa.www4.irs.gov/sa_vign/newFormSS4.do to access the application, IRS Form SS-4. You’ll get your EIN as soon as your online form is successfully submitted.When hiring a new employee, you must get their Social Security number and have them fill out a W-4 form to indicate the number of deductions to take from their paycheck. When you get an employee’s Social Security number, it’s always a good idea to go to Social Security Business Services Online to confirm that the number is valid.Another important piece of paperwork to fill out is Form I-9. The Immigration Reform and Control Act requires employers to have their employees fill out this form to confirm that they’re legally eligible to work in the U.S. A new employee must show you their Social Security or Green Card to confirm their eligibility–and you should make a copy of it. You don’t file this form with the government, but you must keep it on file for three years after the hire or for one year after the employee is terminated. You can find out more about Form I-9 at the U.S. Citizenship and Immigration website.Automating TaxesYou don’t want to make mistakes on your taxes, so using a program such as QuickBooks, and subscribing to their payroll updates, will give you all you need to keep up with the frequent changes to the U.S. tax code. For instance, I can automatically fill out and print my quarterly federal payroll reports (Form 941) right out of QuickBooks–the program calculates everything based on my posted payroll. Also, the program’s sales tax report takes all the pain out of filing that form. You can generate a report that includes all the pertinent data you need for any period of time selected.Forgetting the part Uncle Sam plays in your business can be an expensive mistake. Penalties add up quickly, and, not surprisingly, the government rarely accepts “I didn’t know” as a legitimate excuse.Editor’s Note: The information in this column is provided by the author, not Entrepreneur.com. All information is general in nature, not legal advice and not warranted or guaranteed. Because laws change over time and in different jurisdictions, it is imperative that you consult an attorney in your area regarding legal matters and an accountant regarding tax matters.Marsha Collier, a successful eBay PowerSeller, is Entrepreneur.com’s “eBay” columnist as well as the author of the bestselling eBay references,eBay for Dummies, 4th Edition andStarting an eBay Business for Dummies. read more

August 19, 2019

Carnival Horizons inaugural season sails from Mediterranean to Caribbean to NYC

first_imgCarnival Horizon’s inaugural season sails from Mediterranean to Caribbean to NYC Tweet MIAMI — Carnival Horizon, Carnival Cruise Line’s newest ship, is in for one exciting season sailing through the Mediterranean and Caribbean when it debuts in April 2018.The company has announced a wide array of diverse itineraries for the Horizon, which is currently under construction at the Fincantieri shipyard in Marghera, Italy. The ship will make her maiden voyage on April 2, 2018 with a 13-day Mediterranean roundtrip sailing from Barcelona to Livorno, Rome and Naples, Italy; Dubrovnik, Croatia; Corfu, Greece; Messina (Sicily), Italy; Valletta, Malta; and Cagliari (Sardinia), Italy. This voyage marks the first of four roundtrip departures from Barcelona.Carnival Horizon will also operate two seven-day cruises departing April 15 and 22, 2018, and featuring Cagliari (Sardinia), Naples (Capri and Pompeii), Rome (Civitavecchia), Livorno, and Marseilles, and a 10-day voyage departing April 29, 2018, with stops at Livorno, Rome (Civitavecchia), Naples (Capri and Pompeii), Dubrovnik, Corfu and Messina (Sicily).From there, the Horizon will reposition to the U.S. with a 14-day transatlantic crossing departing Barcelona on May 9 and arriving in New York on May 23, 2018. Five European and Canadian ports will be featured: Malaga, Spain; Gibraltar; Lisbon, Portugal; Vigo, Spain (Carnival’s first visit to the town); and Halifax, Nova Scotia;More news:  Virgin Voyages de-activates Quebec accounts at FirstMates agent portalAfter arriving in New York, the ship will offer an exciting summer schedule of eight-day Caribbean cruises operating roundtrip from the Big Apple and featuring visits to Grand Turk, San Juan, and Amber Cove (Dominican Republic). Departure dates include May 28, June 5, 13 and 25, July 3, 11, 23 and 31, Aug. 8, 20 and 28, and Sept. 5, 2018.  Additional departures from New York in summer 2018 are being planned and will be announced in the coming weeks.Carnival Horizon will then shift to Miami and kick off a year-round schedule of six- and eight-day Caribbean cruises beginning Sept. 22, 2018. Prior to the start-up of this program, Carnival Horizon will offer a special two-day cruise to Nassau from Miami Sept. 20-22, 2018.On its new Miami-based schedule, six-day cruises will depart Sundays, calling at Ocho Rios; Grand Cayman; and Cozumel. Two different eight-day itineraries will be offered with departures on Saturdays – one featuring Grand Turk; La Romana (Dominican Republic); Curacao; and Aruba; and the other visiting Grand Turk; San Juan; St. Kitts; and St. Maarten. Wednesday, January 25, 2017 << Previous PostNext Post >>last_img read more