April 10, 2021

Business News

Local business moves to new location | Business

5 days ago

A local small business is preparing to move to a new location at the end of April.

AR Workshop St. Joseph, a craft boutique workshop, will move from its current location near Hy-Vee to the East Ridge Village Shops at 3855 Frederick Avenue. They offer home decor and other creative projects.

“This location used to be Kristen’s Coin and Jewelry for a long time, so we’re right by Perkins and some other great businesses: Hazel’s Coffee and Blessings Boutique, Merle Norman. So we’re really excited to be in here with all these other really popular businesses,” Jessica Estes, owner of

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Open for Business: The Nest Co-Working looking to help entrepreneurs soar

5 days ago

PEORIA, Ill. (WMBD) — It’s quiet at The Nest Co-Working in downtown Peoria, but it is where some of Central Illinois’ most talented minds meet with hopes of getting their ideas to soar. 

“The Nest Co-Working Space is Peoria’s only not-for-profit co-working hub. It is also a space for innovators and entrepreneurs to experiment and play,” said Andrew Ngui, the Director of Innovation and Startups at the Greater Peoria Economic Development Council.

Ngui manages The Nest. It’s a space he describes as a playground for local visionaries. Aspiring, startup and veteran business owners get the choice of day passes or

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More Companies See Business Opportunities in Bitcoin

6 days ago

A year ago, Bitcoin was just a curiosity for many companies. That’s starting to change.

More than two dozen public companies now own some cryptocurrencies on their balance sheets. Many more are starting to offer services to people interested in buying Bitcoin or to companies that want to hold it or accept it for payments.

PayPal

(ticker: PYPL) made a particularly big splash last month when it started allowing some users to pay at checkout with their crypto holdings as smoothly as they would with a

Mastercard

(MA)

Helping to push Bitcoin further into the mainstream have been traditional Wall

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Can a business legally ask to see a customer’s vaccine card?

6 days ago

As more Americans get vaccinated against COVID-19, you may be wondering if it’s safe to return to work and whether you can freely cater to customers in person. One way to ease this return is to require that both your customers and employees get vaccinated. But tread lightly, as requiring a vaccine—or even proof of one—can be a minefield for businesses, Inc. reports. 

In most cases, a business can require employees to get vaccinated, but they will have to make accommodations for employees who don’t get a vaccine due to a particular disability or sincerely held religious objection. The

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When can I deduct business meal and entertainment expenses under current tax rules?

6 days ago

The federal income tax treatment of business-related meal and entertainment expenses has been a moving target. If you’re confused about what rules currently apply, I don’t blame you. This column aims to eliminate confusion. That’s an optimistic goal, but here goes.

A 2020 COVID-19 relief bill made taxpayer-friendly changes

A taxpayer-friendly change in the CAA — the COVID-19 relief bill that became law late last year — allows you to write off 100% of the cost of business-related food and beverages provided by restaurants in 2021 and 2022. The “provided by” language apparently means the temporary 100% deduction rule applies

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Local business owners disheartened by new county restrictions

7 days ago
Katelyn Huston, owner of Barre Forte, teaches a class Wednesday, April 7, at the studio in Frisco. Huston is one of many Summit County business owners impacted by the state’s decision to move the county back to level orange due to a rise in COVID-19 cases. Level orange requires that gyms and fitness centers operate at 25% capacity.
Jason Connolly / Jason Connolly Photography

When business owner Katelyn Huston learned Summit County was moving from level yellow to level orange restrictions on the state’s COVID-19 dial, she was “definitely surprised.”

Huston, who owns Barre Forte, is one of many

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