Fixing the glitch We are a capitalist country. If a family opens a little shop and invests all their money in it, hoping to make a living, what happens if it fails? The owners go broke and out of business, right? That’s the way it’s always been, and still is, around here. A [...]
Tax treatment of loss in Ponzi schemes Commissioner Douglas Shulman of the Internal Revenue Service recently testified before a senate finance committee. Commissioner Shulman gave testimony concerning the tax treatment of Ponzi schemes and also how the IRS is dealing with off-shore tax avoidance schemes. There probably aren’t too many people in Rockford who are [...]
Thursday, May 14 Rockford Lions Club Meeting- 6 p.m. at the Community Cabin. Program by Rockford Area Community Foundation. Saturday, May 16 Community Garage Sale-9 a.m. to 3 p.m. at Resurrection Life Church, 3233 Ten Mile Road, RockfordProceeds go to a Christmas outreach program organized by Lean On Me Outreach Center of Rockford. For more [...]
May 25, 2009 8:30 a.m. Opening Flag Raising Ceremony at the Community Cabin on N. Monroe Street 9:00 a.m. Parade from the Community Cabin on N. Monroe Street, north to Lewis Street, west one block to North Main Street, south to the corner in front of the Corner Bar. A short ceremony at this stop. [...]
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