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News from the Reference Desk

Career Gateway: Job Seekers Guide offered by JVS Chicago

Job hunters will no doubt benefit from taking a good look at The Career Gateway: Job Seekers Guide, produced by JVS Chicago.  Jewish Vocational Service crafted an easily searchable online tool which directs job seekers to accomplish steps they need in their search.  Excercises are simple to follow, but essential in identifying contacts, giving realistic advice and encouragement to network with confidence.  There are helpful guides to develop writing and computer skills, prepare for phone and in-person interviews, personal budgeting, and sample scripts to start conversations with potential hiring managers.

While The Career Gateway is an excellent job site, it by no means takes the place for the personal service and consultation offered by JVS.  They have convenient locations and professional career guidance staff to help job hunters from all levels.  Their main office is at 216 West Jackson Blvd., Suite 700, Chicago, IL 60606. Please call or email for an appointment: jvschgo@jvschicago.org or (312) 673-3400.

By julie collins on February 25, 2012 Categories: Business, Employment, Jobs

Be the Next New Business Success Story – Join us at Canta Napoli on 1/24/12

The Village of Mount Prospect is seeking new businesses – with a focus on retail and restaurants. The Village is teaming up with the Mount Prospect Chamber of Commerce, Small Business Development Center, Mount Prospect Downtown Merchants Association and the Mount Prospect Public Library to help new businesses get established in Mount Prospect by providing a package of innovative economic development resources. Tools to help ensure business success in Mount Prospect – education, mentoring, marketing opportunities and contact with successful existing business owners – will be available through this program.

The groups are holding an information session for potential new business owners – an “Entrepreneur’s Café” – on Tuesday, January 24, at 9 a.m., at Canta Napoli Restaurant, 90 E. Busse Ave., Mount Prospect.

At this kickoff session Bonnie Richter, Director of Illinois Small Business Development at Harper College, will review the steps for launching a new business, explain where to look for funding sources, provide business plan templates, and address common issues faced by owners looking to start a new venture. The Village will then introduce its initiative to help ensure your success here in Mount Prospect. With the assistance of the Mount Prospect Chamber of Commerce, Downtown Merchants Association, and the Library, the Village has put together a package of innovative economic development resources that include education, mentoring, and marketing opportunities. There are also financial incentives for businesses interested in a downtown location.

For more information or to RSVP for the January 24 event, contact Clare O’Shea at 847/818-5312 or coshea@mountprospect.org.

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By julie collins on Categories: Business

Using Census Data to Help Your Business

Participate in this online class right from your desk over your lunch hour.

Learn the basics about the layout of the new American Factfinder Census Data Tool. This webinar will focus on where to find demographic and economic data about geographies of your choosing, which will help make informed decisions when it comes to starting or managing a small business.

This program is free and open to all. Registration is required. Register online or by telephone at 224-543-1485. Email address required. After registering you will receive an email containing information about joining the webinar approximately one week prior to the event.

Presented by the US Census Bureau for the Vernon Area Public Library.

By julie collins on Categories: Business, Census

Every Business Should Have a Plan

The Mount Prospect Fire Department offers ways to keep local businesses and their employees safe in our community.  Assistance with emergency planning and preparedness kit for your Mount Prospect business is available at no cost. Please contact the Fire Prevention Bureau at 847-818-5252 for more details on programs

By MPPL on October 26, 2011 Categories: Business

Small Business Jobs Act and the IRS

On Sept. 27, 2010, President Obama signed into law the Small Business Jobs Act, a significant piece of small business legislation. The tax provisions intended to lend support, tax cuts, and other opportunities for entrepreneurs and small business owners.  Tax Information for Small Businesses also have a link for Small Business and Self-Employed Tax Center.
 
Additional info regarding detailed credits and translated IRS sites follow:
  
Hiring Credits:
English http://www.irs.gov/newsroom/article/0,,id=220326,00.html
Spanish http://www.irs.gov/newsroom/article/0,,id=220499,00.html
 
Health Care Tax Credit:
English http://www.irs.gov/newsroom/article/0,,id=223666,00.html
Spanish http://www.irs.gov/newsroom/article/0,,id=224438,00.html
 
Spanish
Business Page (Spanish): http://www.irs.gov/espanol/content/0,,id=162902,00.html
Spanish Information for Individuals & Businesses: http://www.irs.gov/espanol/
By MPPL on March 9, 2011 Categories: Business, Employment, Health, Insurance, Jobs, Taxes

Standard Mileage Rates

WASHINGTON: 12/3/10 — The Internal Revenue Service issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Beginning on Jan. 1, 2011, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 51 cents per mile for business miles driven
  • 19 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs as determined by the same study. Independent contractor Runzheimer International conducted the study.

A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for any vehicle used for hire or for more than four vehicles used simultaneously.

Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

Revenue Procedure 2010-51 contains additional details regarding the standard mileage rates.

By MPPL on December 6, 2010 Categories: Auto, Business, Finance

Strengthen businesses through Employ Illinois

The state's Treasurer's office has a new program called Employ Illinois, a plan to spark growth in businesses interested in expanding and creating new jobs by receiving qualified reduced interest rate loans .  Please visit http://www.treasurer.il.gov/programs/employ-illinois/business-owners.aspx for more details and steps to take to apply for low interest loans.  You may also email  employillinois@treasurer.state.il.us or call (312) 814-8953 or (217) 782-2072 to ask about terms and the application process.

By MPPL on September 14, 2010 Categories: Business

Tax Credit to Help Small Businesses

Small business and tax-exempt organizations which meet certain criteria may now qualify for a special tax credit when they provide health insurance coverage to their employees.

Details on this part of the Patient Protection and Affordable Care Act are available at the IRS site.

By MPPL on June 17, 2010 Categories: Business, Health, Insurance, Jobs

National Small Business Week 5/23-29/10

This is National Small Business Week, which honors the 27.2 million U.S. small businesses as contributors to the economy and hiring forces for jobs.  Events are hosting in Washington D.C, however you can participate through the NSBW webcast to view keynote speeches, programs and discussions.

By MPPL on May 24, 2010 Categories: Business

Jump Start Your Business presentations

The Mount Prospect Public Library and the Chamber of Commerce recently wrapped up the last session in the Jump Start Your Business program, a co-sponsored series designed to help local businesses be successful.  Topics included Demographics, Negotiating Leases, Building Relationships, Promotion and Publicity, Exceptional Customer Serivce, and Trends in E-mail Marketing.  The Chamber has posted the podcasts and presentation materials for many of these sessions.  We are looking forward to our fall series, which will include: The Stimulus Plan/COBRA, Alternative Financing, and Internet Marketing. 

By MPPL on June 18, 2009 Categories: Business