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Tax tips: What you need to know before April 15

Tax tips: What you need to know before April 15

One tax deadline is behind us, and now it is time to file those annoyingly ridiculous personal income tax returns. Here are some friendly reminders before you sign that tax return under penalties of perjury.

The deadline to file your personal income tax return this year is Wednesday, April 15. If you cannot meet that deadline, you’ll have to file for an extension and make a good faith estimate of the tax you will owe.

If you fail to make that good faith estimate, the IRS could assess a failure to file penalty as well as a failure to pay penalty. Failure to make the estimated tax payment with your extension can render your extension void. Failure to file penalties are equal to 5 percent per month, capped at 25 percent of the tax due. Failure to pay penalties are equal to half of 1 percent per month, capped at 25 percent of the tax due... Read More

Growth highlighted at San Joaquin Partnership breakfast

Growth highlighted at San Joaquin Partnership breakfast

STOCKTON — The San Joaquin Partnership and the Business Council helped facilitate 12 new or expanding businesses in San Joaquin County last year, the organizations reported this morning.

Dubbed “Winning with Partners,” the annual meeting celebrated business growth in the county. A panel discussion featuring Partnership CEO Michael Ammann, San Joaquin County Office of Education Superintendent Jamie Mousalimas and District Attorney Tory Verber Salazar fielding questions.

Manufacturing

Among manufacturing successes, the Partnership cited the expansion of Agro-Culture Liquid Fertilizers, which added 22,000 square feet, added four to six new jobs and retained two jobs.

French Oils, which handles and processes animal feed, expanded to the Port of Stockton and added four jobs.

Holland LP, a rail handling and welding facility located at the Port of Stockton, adding eight to 10 new jobs. That company will weld rails for the Union Pacific Railroad... Read More

What it takes now to buy your first house

What it takes now to buy your first house

By MICHAEL BLOWER
Central Valley Assoc. of Realtors

The Central Valley real estate market is hot right now, providing more available lower-priced properties for first-time home buyers. However, no matter what market you are in, purchasing a home for the first time can be daunting for anyone.

Sure, it’s easy to dream about that perfect home and ride around looking at neighborhoods, attending open houses and making wish lists about the features you want. But the actual commitment and work involved to take the dream to reality can stop prospective buyers in their tracks. Where do you start? What’s really involved? How can you protect yourself? And in today’s competitive market, how do you end up with the winning bid?... Read More

CCVEDC Conducts Annual Mission to State Capitol

CCVEDC Conducts Annual Mission to State Capitol

California Central Valley Economic Development Corporation (CCVEDC) board members recently completed their annual Legislative mission to Sacramento. In meetings with 26 Legislators, State Officials and consultants, CCVEDC members outlined issues vital to the economy and the business climate in California. "The Central Valley legislators were extremely interested in supporting the CCVEDC in its efforts to assist valley businesses with their expansion and retention needs." stated CCVEDC President Lee Ann Eager. "The discussions also centered around assisting local economic developers in attracting new business to the San Joaquin Valley." Central Valley representatives again discussed needing Incentives for areas with high unemployment, Regulatory Reform and Tax Increment Financing.

Business community hears from leading Latinas

Business community hears from leading Latinas

STOCKTON — Four Hispanic businesswoman shared the spotlight at the 14th annual Latina Business Conference March 18.

Lisa Blanco Jimenez, principal at Neumiller & Beardslee; Carol Ornales, CEO for Visionary Home Builders of California; Angela Shell, assistant director for Business and Economic Opportunity at the state Department of Transportation; and Cynthia Moreno, Capitol correspondent for the Spanish language news organization Vida en el Valle were on a panel moderated by Sofia Gutierrez of Halldin Public Relations.

During the luncheon attended by about 200 business people, the women answered questions about how they got started in their careers, the challenges they faced and how they stay inspired... Read More

San Joaquin Co. jobs - upward revision

San Joaquin Co. jobs - upward revision

by Mike Ammann, President & CEO, San Joaquin Partnership

The San Joaquin County job market during 2014 was far stronger than initially thought, according to a new report that underscores the emergence of the region as Greater Silicon Valley.

"This is a real positive for San Joaquin County," said Jeffrey Michael, director of the Stockton-based Business Forecasting Center at University of the Pacific. "We are getting close to the point where San Joaquin County will have recovered all the jobs it lost in the Great Recession."

Stockton Honda wins Honda President’s Award

Stockton Honda wins Honda President’s Award

STOCKTON — Stockton Honda was among just 125 American Honda dealerships to receive the Honda President’s Award for 2014, the company announced.

The award is presented yearly to Honda dealerships for exceptional performance in all facets of their operations: profitability, sales, vehicle condition, customer experience, service retention, and brand representation... Read More