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YEAR-END TAX TIPS FOR BUSINESSES

Wed, 12/03/2008 - 8:00pm -- tim

YEAR-END TAX TIPS FOR BUSINESSES

Six Tax-Optimizing Tactics to Consider Before January 1
Montpelier, VT-With 2008 fast coming to a close, many area businesses are actively working on preparing tax filings for what has been an economically volatile year. This year, Congress has enacted important changes to the tax laws that provide opportunities for businesses to reduce their income tax burden for the year. Now is the time to review some possibilities for action before year-end.

Casella Waste Reports Second Quarter Revenues Up, Profits Down

Tue, 12/02/2008 - 8:00pm -- tim

Casella Waste Systems, Inc. Announces Second Quarter Fiscal Year 2009 Results
RUTLAND, VT, Dec 03, 2008 (MARKET WIRE via COMTEX News Network) -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported financial results for the second quarter of its 2009 fiscal year.
Highlights of the quarter include:
-- Free cash flow* for the quarter was up $8.2 million over the same
period last year;
-- Operating income for the quarter was up 1.3 percent over same period

Cornell Nutritional Expert, Vermont Baby Formula Company Urge Parents Not to Dilute Formula

Tue, 12/02/2008 - 8:00pm -- tim

Cornell Nutritional Expert, Vermont Baby Formula Company Urge Parents Not to Dilute Formula with Extra Water
GEORGIA, Vt., Dec. 3 /PRNewswire/ -- In response to press reports of parents diluting baby formula in this difficult economy, a nutritional expert and a leading manufacturer of infant formula are urging parents to breastfeed or use formula responsibly by following the instructions on the can.

First Year of New Economic Incentive Program Successful

Tue, 12/02/2008 - 8:00pm -- tim

MONTPELIER, Vt. The numbers are in, and the state's new job creation incentive program had a strong rookie season, creating 265 new jobs and generating nearly $600,000 in new tax revenues for Vermont in 2007.

A final report released by the Vermont Economic Progress Council and the Vermont Department of Taxes, which jointly administer the Vermont Employment Growth Incentive program, shows that the seven companies approved for activity during its first year created $10 million in new payroll.

Public Comment period extended to Dec. 15: Burlington Waterfront Access

Tue, 12/02/2008 - 8:00pm -- tim

Public Comment period extended to Dec. 15:

Burlington Waterfront Access North Transportation Improvement Project
The City of Burlington will extend the deadline for public comment on the alternative designs focused on access to the Waterfront until Dec 15, 2008. For further details go to http://www.cedoburlington.org/waterfront/waterfront_access_north_project...
The proposed alternative designs include:

Unemployment claims increase for week

Tue, 12/02/2008 - 8:00pm -- tim

Week Ending November 29, 2008
There were 1,823 new regular benefit claims for Unemployment Insurance last week, an increase of 261 from the week before. Altogether 10,628 new and continuing claims were filed, 1,136 more than a week ago and 2,266 more than a year earlier. In addition, the Department processed 1,144 claims for benefits under Emergency Unemployment Compensation, 2008, an increase of 18 from last week.
The Unemployment Weekly Report can be found at: http://www.vtlmi.info/

Food Stamp Participation Reaches All-Time High in Vermont

Mon, 12/01/2008 - 8:00pm -- tim

Food Stamp Participation Reaches All-Time High in Vermont During Holiday Season
Burlington, VT, December 2, 2008 - While many in Vermont were savoring Thanksgiving treats last week, others were signing up for food assistance; 60,062 Vermonters, almost 1 in 10, now participate in the Food Stamp Program according to data released by the Department for Children and Families. This number is up by over 1,500 in just one month, up 7,000 since this time last year, and represents a record high for Vermont.

PSB approves small rate increase for CVPS

Mon, 12/01/2008 - 8:00pm -- tim

PSB approves small rate increase
RUTLAND, VT The Vermont Public Service Board has approved a small rate increase for Central Vermont Public Service (NYSE-CV), an increase of one-third of a percent.
The increase will take effect with bills rendered starting Jan. 1, 2009. In its order approving the rate increase, the PSB also opened an investigation to review CVPS's rates and could reduce rates after doing so.
The bill for a residential customer who uses 500 kilowatt-hours of electricity per month will rise from $73.11 to $73.35, a difference of 24 cents.

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