Day: April 5, 2024

New migrant shelter opening at Chicago’s St. Bartholomew Catholic Church

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After months of delay, a new migrant shelter for families is opening at the shuttered St. Bartholomew Catholic Church in Portage Park later this month, Mayor Brandon Johnson announced late Friday. Johnson had said in January the city would not establish any new shelters amid a spat with Gov. JB Pritzker about the state’s role in directly providing housing for thousands of migrants who had arrived in Chicago in recent months and rising city costs. At the time, however, he left the door open to collaborations with faith and social service providers to run shelters. Friday’s announcement noted the city […]

Merrillville plans to issue fines for excessive false alarm, police calls

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Hotels and residences in Merrillville that have issues with their alarms getting set off constantly or that end up calling the police a lot may want to rethink their strategy upon a new town ordinance meant to curb those habits. The ordinance, approved by the Town Council’s Council Affairs committee April 2 and expected to pass the Town Council at its April 9 meeting, will allow all hotels in Merrillville three “false alarm” calls every three months, or per quarter, the ordinance reads. After three false alarms, the offending hotel will be fined $250 per false alarm. Additionally, “any business […]

NIPSCO, consumer groups reach natural gas rate settlement

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Northern Indiana Public Service Co. customers will see their natural gas bills go up again this summer, but not by as much as the utility wanted. The utility and groups opposed to the rate increase agreed recently that NIPSCO should get about 75$ of its original request NIPSCO had asked the state’s utility regulators for a 10.6% increase in its gas rates in October 2023. The utility said it needed to raise its natural gas revenue by $161.9 million a year. That request came less than a year after NIPSCO’s previous increase in natural gas rates. In January this year, the Indiana […]

Linda Jensen, Principal and Owner of Heart Financial Group, Interviewed on the Influential Entrepreneurs Podcast Discussing Exit Planning Tax Mitigation

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Linda Jensen discusses strategies for tax mitigation and exit planning in business ownership.  Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-linda-jensen-principal-and-owner-of-heart-financial-group-discussing-exit-planning-tax-mitigation/ Tax mitigation strategies are essential for businesses as they can significantly impact profitability and valuation, ultimately leading to higher multiples on the sale of the business. Linda Jensen highlighted how implementing these strategies can result in a substantial increase in the business’s value. By reducing tax liabilities through various programs and initiatives, businesses can effectively boost profits and valuation.  For instance, in the episode, Linda Jensen emphasized…