Insight News

Thursday
May 23rd

Business

Taxpayers: Tax deduction for vehicle purchases

The "Cash for Clunkers" program for new cars may have ended, but the IRS wants to remind taxpayers that many people might overlook another special break available. If you buy a new vehicle this year, there's a special federal tax deduction available that can help you save money, in some cases hundreds of dollars. This tax break will allow people who buy a new vehicle in 2009 to deduct the sales and excise taxes they pay when they file their tax return next year.  The tax deduction is available on the 2009 federal tax return even for those who claim the standard deduction.
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ACC received an award from Mayor Coleman recognizing successful work promoting the Emerging Market

The African Chamber of Commerce is a 501(c)(3) nonprofit organization dedicated to the economic development of African immigrants in Minnesota.
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Acorn & us

How many Black Americans are actually buying into rants against the Association of Community Organizations for Reform Now?  By now most Blacks have heard of ACORN and some are involved in bogus babble defaming an organization that has demonstrated positive intent toward communities where we live.  Before Blacks join chattering classes against ACORN, its work on our behalf should be considered.
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BBB sets record straight regarding misleading/dangerous e-mails

Consumers have contacted the Better Business Bureau of Minnesota and North Dakota in regards to e-mailed notifications they have received, informing them that all cell phone numbers will be released to telemarketers within a month. The e-mails tell consumers they must register their cell phone number with the National Do Not Call Registry before a certain deadline or they will be billed for each telemarketing call they receive after the deadline expires. The e-mail also urges the receiver to share the message with all of their friends.
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Overdraft fees exploding, up 35% in two years

Banks and credit unions collected nearly $24 billion in overdraft fees last year, an increase of 35 percent from just two years earlier, a new study by the Center for Responsible lending shows. [See the full report at http://www.responsiblelending.org/overdraft-loans/research-analysis/crl-overdraft-explosion.pdf.]
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How to do business with government

“Never before has the partnership between public and private industry been so critical…we should never lose focus on what is happening in front of our own eyes,” are words of wisdom from a man who has made his mark marketing millions of dollars in contracts for minority enterprises.  Government marketing expert Michael Bowlds’ comment at a Congressional Black Caucus event in Washington, DC put elected and procurement officials and prime contractors in the spotlight for roles they play in the ½ trillion dollar government procurement process.
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Target managers offered employment training to homeless, working poor

Managers from Target Corp. provided free employment training on Tuesday, Sept. 22. to men and women served by The Salvation Army’s at The Salvation Army Harbor Light Center, 1010 Currie Ave., and neighboring Hope Harbor, 53 Glenwood Ave.
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