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More Than A ‘Manufacturers’ Tax Break The American Jobs Creation Act Of 2004

The American Jobs Creation Act of 2004, began as a bill to compensate exporters for the repeal of a controversial $5-billion annual tax break labeled as an “illegal trade subsidy’ by the World Trade Organization. Two years later, the law that emerged, the fifth major tax cut in four years, has ballooned into a $145-billion tax break for everyone.

Read more: More Than A ‘Manufacturers’ Tax Break The American Jobs Creation Act Of 2004

Congress Opens Federal Contracting Opportunities

ALEXANDRIA, Va. – The Senate has passed the Fiscal Year ’04 Omnibus Appropriations bill that provides budgets for many federal departments including the Department of Veterans Affairs.

The bill passed by a vote of 65-28, and includes a provision of the Transportation-Treasury Appropriations bill providing temporary relief from Federal Prison Industries’ (FPI) status as an exclusive source for products and services. Efforts had previously been underway in Washington to provide legislative relief to federal departments required to purchase items such as laundry services, textiles, furniture etc., from FPI.

Read more: Congress Opens Federal Contracting Opportunities

New Tax Bill Sets Stage For Sales

The tax bill recently passed by the U.S. House and Senate not only provides tax cuts for individual taxpayers; it also greatly benefits business owners. New tax incentives make 2003 the opportune time for on-premise and coin consumers to invest in new equipment.

Read more: New Tax Bill Sets Stage For Sales

Due Diligence

How many of us have interviewed with a prospective employer, accepted a job offer only to find out that the real life picture is dramatically different than what was described during the interview process?

You could say that candidates are at an unfair disadvantage. After all, employers typically initiate telephone conversations with your past employers to confirm your credentials. But what do you, the candidate, have to base your employment decision on, besides the employer’s description of the position’s responsibilities, their expectations and their current issues?

Read more: Due Diligence

Entertain, Travel, Enjoy And Profit

Although April 15th has passed, this is the perfect time to start thinking about taxes - next year's tax bill. You may have missed some tax saving opportunities last year, either because you didn't know about them or because you didn't save the receipts. By educating yourself now, you won't make the same mistakes next year and you'll be able to take full advantage of the possible tax deductions you may be entitled to next year.

Read more: Entertain, Travel, Enjoy And Profit

Quick Rinse - News From Around The World

Ecolab Acquires Dober Chemical’S Textile Care Business

ST. PAUL, Minn. — Ecolab Inc. a leader in cleaning, sanitizing, food safety and infection prevention products and services announced it has purchased the commercial laundry division of Dober Chemical Corporation. The acquisition includes Dober’s laundry chemical and waste water treatment and Ultrax dispensing businesses as well as an exclusive partnership to market and provide key components of its Spindle monitoring software.

“Dober is respected throughout the industry for its innovative monitoring technology, product chemistry and commitment to service – qualities that complement our own strengths at Ecolab,” said Brian Henke, vice president and general manager, Ecolab Textile Care North America. “As we expand our North American commercial laundry business, innovation and service excellence will continue to be our top priority as we partner with our customers to deliver unsurpassed value to run their operations more efficiently, sustainably and cost effectively.”

“Ecolab and Dober share the same customercentric approach to service and innovative technology,” said John Dobrez, president Dober Chemical Corp. “This is an exciting development because it builds on the strengths of both companies to move the industry forward.”

Through this agreement, Spindle Technologies,a division of Dober, is forming a strategic alliance with Ecolab Textile Care in an exclusive licensing agreement for its ChemWatch Software technology and the OPTRAX Utility Module.

“There will be no movement of people as they currently all operate remotely,” said Henke. “The Dober leadership team is very skilled and respected in the industry. We plan to have them as part of the team moving forward. During the transition, both businesses will operate as usual and we do not expect there to be any changes in the service the customers are used to receiving.”