Annual Holiday BAHM! For Charity

Annual Holiday BAHM! For Charity

South Lake Tahoe, CA…Over the past five years, it has been a holiday tradition for the TahoeChamber to give back with a BAHM! (Business After Hours Mixer). Every holiday season the Chamber hosts its Holiday Mixer to give back to those less fortunate in our community. This year, the TahoeChamber has selected two local non-profits […]

County Seeking To Fill Seats On Two Advisory Councils In The Tahoe Area

Auburn, CA…Placer County is seeking applications to fill upcoming vacancies on 5th District advisory bodies that serve Meadow Vista, Foresthill and the Weimar-Applegate-Colfax area. The deadline is Friday, Jan. 11for submitting applications to serve on the Meadow Vista Advisory Council, Foresthill Forum Advisory Council or Weimar-Applegate-Colfax Municipal Advisory Council (WAC MAC). Commonly known as MACs, […]

FED to Purchase Securities at $45 Billion Per Month Range Until Unemployment Drops

FED to Purchase Securities at $45 Billion Per Month Range Until Unemployment Drops

Washington, DC…Information received since the Federal Open Market Committee met in October suggests that economic activity and employment have continued to expand at a moderate pace in recent months, apart from weather-related disruptions. Although the unemployment rate has declined somewhat since the summer, it remains elevated. Household spending has continued to advance, and the housing […]

Vail Resorts to Acquire Two Ski Areas in Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan

Vail Resorts to Acquire Two Ski Areas in Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan

Broomfield, CO…Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into agreements to purchase two premier urban ski areas in the Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan, for total cash consideration of $20 million. Both ski areas serve major snow sports markets in the Midwest with more than 468,000 […]

U.S. Bureau of Labor Statistics Moves Unemployment Rate Down to 7.7%

U.S. Bureau of Labor Statistics Moves Unemployment Rate Down to 7.7%

Washington, DC…Total nonfarm payroll employment rose by 146,000 in November, and the unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in retail trade, professional and business services, and health care. |Hurricane Sandy made landfall on the Northeast coast on October 29th, causing severe damage in some […]

Statewide Sales and Use Tax Rate Increases January 1, 2013

Statewide Sales and Use Tax Rate Increases January 1, 2013

Sacramento – The statewide sales and use tax rate will increase one quarter of one percent (0.25%) from 7.25 percent to 7.50 percent on January 1, 2013. This rate increase was approved by California voters when they approved Proposition 30 on November 6, 2012. Among other things, Proposition 30 increases the statewide sales and use […]

Senator Gaines Introduces Bill to Repeal Fire Tax

Senator Gaines Introduces Bill to Repeal Fire Tax

Sacramento, CA…As his first order of business after being sworn into office yesterday, Senator Ted Gaines (R–Rocklin) introduced legislation that would repeal the fire tax. “This $150 fire tax is illegal and unfair – plain and simple,” said Gaines. “Many rural property owners already pay local fire agencies for protection so it is clearly double-taxation […]

Netflix and The Walt Disney Studios Announce Multi-Year Premium Pay TV Agreement

Netflix and The Walt Disney Studios Announce Multi-Year Premium Pay TV Agreement

BEVERLY HILLS and BURBANK, CA…Netflix Inc. (Nasdaq:NFLX) and The Walt Disney Company (NYSE:DIS) today announced a new multi-year licensing agreement that will make Netflix the exclusive U.S. subscription television service for first-run live-action and animated feature films from The Walt Disney Studios. Beginning with its 2016 theatrically released feature films, new Disney, Walt Disney Animation […]

Runner: Many Online Sellers Don’t Have to Collect Sales Tax

Runner: Many Online Sellers Don’t Have to Collect Sales Tax

SACRAMENTO – George Runner today responded to confusion surrounding Cyber Monday sales and California’s new online sales tax law (AB 155) by clarifying that not all retailers must collect tax. “Some reports have suggested that all online sellers must now collect California sales tax,” said Runner. “That’s a gross overstatement that creates needless confusion for […]