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Industry group calls Port Hueneme tax proposal ‘misleading’

By   /  Tuesday, August 5th, 2014  /  Latest news, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Industry group calls Port Hueneme tax proposal ‘misleading’

Former Congressman Elton Gallegly, two former Naval Base Ventura County commanders and key players in the shipping industry are lining up to oppose the city of Port Hueneme’s Measure M, which would impose special levies on businesses that operate at the naval base and commercial port.

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Memo to Mr. Warner: Even Beanie Baby billionaires have to play fair

By   /  Friday, October 11th, 2013  /  Columns, Opinion  /  Comments Off on Memo to Mr. Warner: Even Beanie Baby billionaires have to play fair

The prosecution of Ty Warner only came about as part of a relatively recent crackdown on offshore accounts in which nearly 70 wealthy individuals have faced fines and prosecutions.

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Region’s restaurants brace for new tip tax

By   /  Friday, September 20th, 2013  /  Restaurants, Technology, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Region’s restaurants brace for new tip tax

Restaurants across the region are preparing to take a hit from a new Internal Revenue Service policy that will all but end mandatory tipping for large groups of diners. The changes to taxing practices, which will go into effect in January of next year, will require any mandatory charges such as customary large-party tips at Read More →

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Warner pleads guilty to tax evasion, faces $53M penalty

By   /  Wednesday, September 18th, 2013  /  Latest news, Law  /  Comments Off on Warner pleads guilty to tax evasion, faces $53M penalty

Ty Warner, the Chicago billionaire and part-time Santa Barbara resident who owns the Four Seasons Biltmore, has been charged with federal tax evasion and plans to pay a $53 million penalty. Warner, the mind behind the wildly successful Beanie Baby toys, was charged with allegedly failing to report income he earned in a secret offshore Read More →

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SB County last in regional pension performance

By   /  Friday, August 23rd, 2013  /  Banking & Finance, Central Coast, Top Stories, Tri-County Economy  /  Comments Off on SB County last in regional pension performance

Thanks to rising U.S. and foreign stock markets, major public pension plans in the Tri-Counties exceeded expected investment return rates for the last fiscal year. But Santa Barbara County’s performance lagged far behind its peers. Ventura County Employees’ Retirement Association and San Luis Obispo County Pension and Trust saw net returns of 12.8 and 12.9 Read More →

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Op/ed: Tax deadlines can help you reach your financial goals

By   /  Friday, May 24th, 2013  /  Op/Eds, Opinion  /  Comments Off on Op/ed: Tax deadlines can help you reach your financial goals

With this year’s tax season behind us, it is now time to take the next steps to maintain personal finances in good order.

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Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas

By   /  Tuesday, February 12th, 2013  /  Latest news, Technology, Tri-County Economy  /  Comments Off on Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas

Officials at Haas Automation appeared flattered by a pre-Valentine’s Day recruitment visit by Texas Gov. Rick Perry, but did not reveal any definitive news about the company’s expansion or relocation plans on Tuesday. The Oxnard-based machine-tool maker was courted by Perry after saying publicly that it is considering locations outside of California to expand beyond Read More →

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