Up & Coming Weekly

CELEBRATIONS WELCOME OMEMembersMember Business After Hours at Holiday Inn Bordeaux Chamber members enjoyed a night of food, networking and live American Idol-style entertainment at the Business After Hours on March 25 at the Holiday Inn Bor- deaux. Business After Hours is held on the fourth Thursday of every month (except November/December) for Chamber members who want to get together and mingle with other members of the community. Join us on April 22 at 5:30 PM where Stork News will be hosting Business After Hours! CALENDARDAROf Events Of Events April 22, 2010 SABRE Opening Event 10 a.m., Tony Rand Center on the campus of FTCC This innovative and exciting program will help you gain valuable informa- tion on: business plans, government contracting, business loans, doing business with the city and marketing and networking opportunities Business After Hours 5:30 p.m., sponsored by the Stork News Children’s Boutique, 1305 Hope Mills Rd. May 6, 2010 Ribbon Cutting The Heights at McArthur Park 4 p.m. 2523 Mulranny Dr. May 15, 2010 Annual Auction Party 3:30-7:30 p.m. Green Biz Nurs- ery and Landscaping. Enjoy fine dining, live entertainment, hayrides, games, bonsai demo, a silent and live auction and much more! To register to attend all Chamber events, please call 483-8133. To find out how you can become involved with your Chamber, please contact Tara Oneill at (910) 483-8133. www.fayettevillencchamber.org Business Millions of business owners will get post- ssSpotlightSpotlight cards from the IRS in the coming weeks suggest- ing they check and see if they are eligible for the 2010 tax credit. Notifi cations are also going out to tax professionals. To get the credit, a business must have fewer than 25 full-time workers or the equivalent (the hours worked by part-timers count), pay an average annual wage of less than $50,000, and cover at least half the cost of health insurance premiums for their workers. The credit works on a sliding scale. Businesses with fewer than 10 WWW.UPANDCOMINGWEEKLY.COM Did You Know? employees and average wages less than $25,000 can max it out, while larger fi rms and those with higher payrolls collect a reduced credit. For 2010 through 2013, the tax credit covers up to 35 per- cent of the money a qualifying business spends on its health insurance premiums. In 2014, the top tax credit bumps up to 50 percent. The cred- it is available for a maximum of six years: 2010 through 2013 and for any two years after that. An auto repair shop with 10 employees that has a total payroll of $250,000 — meaning each worker averages $25,000 — and spends $70,000 annually on health insurance premiums would max out the benefi t, collecting a credit of $24,500 on its 2010 taxes. The White House Council of Economic Advisors estimates that 4 million small busi- nesses would qualify for the credit if they insure their workers, and that eligible companies will save $40 billion over the next decade from the tax break. Source: http://money.cnn.com/2010/04/13/smallbusiness/ small_business_health_care_tax_credit/ APRIL 21-27, 2010 UCW 13 After performing in the American Idol contest, Kimberly Durden, Development Director for WFSS 91.9FM at Fayetteville State University, got a hug from Ramona Moore, with Catering and Sales at the Holiday Inn Bordeaux. Agents, Inc. DBA A. I. Insurance Edward Jones - Matt Hames Fayetteville Police Foundation Manning Realty Townsend Real Estate - Christy M. Short Wellington Advisors MEMBER ER Renewalenewal Rodney W. Sherrill State Farm Insurance Agency RWS General Builders, L.L.C. Shee Atika’ Languages Showcase Restoration Ski’s Auto World, Inc. South River EMC Spa Fitness and Wellness Center, Inc. Stork News Children’s Boutique SYSTEL TBC Corporation Tereck Offi ce Solutions, Inc. The Charleston Group Towne Place Suites by Marriott Townsend Real Estate - Stephanie Thompson UNCP Foundation Unifi rst Corporation Univision 40 WUVC US Logoworks, LLC Village Family Dental Knowles, Smith & Associates, LLP The The

• Cover