.....Advertisement.....
.....Advertisement.....

Business

  • Home on the market? There may be some tax breaks for you

    The Internal Revenue Service has some important information for those who have sold or are about to sell their home.

    Homeowners who have a gain from the sale of your main
    home may be able to exclude all or part of that gain from their income.

    Here are some tips from the IRS to keep in mind when selling a home.

    In general, a homeowner is eligible to exclude the gain from income if he owned and used the home as a main residence for two of the five years prior to the date of its sale.

  • Don’t let business startup tax you

    The IRS has some basic federal tax information and matters of consideration for individuals planning to open a business. They include:
    • Type of business. The most common types of businesses are sole proprietorship, partnership, corporation, S corporation and limited liability company. The type of business determines which tax forms to file.
    • Types of taxes. The four general types of business taxes are income, self-employment, employment and excise tax.

  • Ten Mile’s safe letter carriers

     

    U.S. Postal Service rural letter carriers at the Ten Mile post office who recently received National Safety Council Safe Driver Awards for their commitment to safety and defensive driving are, from left, Kathy Lawson, Scott Klecha, Tresa Lee, Barb Evans and officer in charge Shirley Goolesby. The honored letter carriers represent a combined 53 years of accident-free driving while serving the Postal Service and their customers. Evans also received a commendation for her service and dedication throughout her career, which began in 1984.

  • Miles among employees promoted at Citizens Bank

    Cassandra Miles, a former teller at Citizens National Bank’s Kingston office, has been promoted to banking officer at the Oak Ridge office.

    Miles’ promotion was among those recently announced by Citizens National Bank President Jack B. Allen.

    Miles has been with Citizens National Bank for nine years and was a teller at the Kingston office for eight and a half years before transferring to the Oak Ridge branch.

  • OUT to LUNCH: Excellent food, scenery will draw you to Caramella

    If you were in the area in 1960, you may remember seeing Larry and Tway Oran building a small concrete structure at the entrance of Kingston City Park, next door to the white, two-story Oran family home.

    Their mother operated Lakeside Grill in the building for a short time. Over the years, several other businesses have occupied the building, most recently the Blue Moon café.

    In February 2011, Hungarian chef Andras Bartha began adding the foundation for a sidewalk bistro to the building.

  • Chamber means business in ’12 drive

    September brings to mind the smell of fresh-cut football fields and the excitement of team spirit.
    In keeping with that spirit, Roane County Chamber of Commerce officials are making plans to kick off the “We Mean Business” annual membership drive for 2012.

    “This will definitely be a fun time for existing Chamber members to call on new ones and to network and compete with their Chamber counterparts,” said Darrell Williams, vice president of business development. “So, don’t fumble the opportunity to become a part of it.”

  • Jobless rate up in Roane for 2nd month

    Roane County’s unemployment rate climbed for the second consecutive month, but the July jump wasn’t nearly as drastic, according to statistics released late last week from the Tennessee Department of Labor and Workforce Development.

    The state’s figures indicate the county’s rate for July was 8.3 percent, an increase of 0.1 over June’s 8.2 percent.

    Roane County’s jobless figures were identical a year ago. The state showed the county’s jobless rate at 8.3 percent in July 2011.

  • Bunch Marine donates Fishing Rodeo prize

     

    Bunch Marine, Midtown, donated a Lowe Boats 14’ Delta Jon and Karavan trailer to be given as the grand prize during the 22nd annual Dennis Ferguson Fishing Rodeo for Kids. Winner Autumn Parks, right, recently picked up her winnings with her mother, Tonda Parks, and their friend, Butch. Bunch Marine is at 1640 Roane State Hwy. Call 376-7227 for details.

  • TVA honored for support of Guard, Reserve employees

    Tennessee Valley Authority has been selected to receive the 2012 Secretary of Defense Employer Support Freedom Award.

    The honor is the Department of Defense’s highest recognition to employers for exceptional support of U.S. Armed Forces Guard and Reserve employees.

    TVA is one of 15 recipients chosen from 3,236 nominated employers this year.

    The awards were announced July 20 during a ceremony in Arlington, Va., by Employer Support of the Guard and Reserve, a Department of Defense agency.

  • Celina Insurance awards J.T. Day Master Agency

    Celina Insurance Group recently named Harriman’s J.T. Day Insurance Agency as one of its Master Agencies.

    The Master Agency designation is awarded to partners who display exceptional commitment to Celina Insurance Group and achieve superior operational results.

    J.T. Day Insurance Agency, at 244 S. Roane St., Harriman, has been serving clients in the area for 33 years.

    Owner J. Terry Day and his staff strive to ofer one-stop shopping for a full range of products, including home, renters, auto, business, farm and life insurance.