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“New” Accounting Firm
The public accounting firm of Lake Kennedy McCulloch, CPAs, is very pleased to announce that Susan Fisher, CPA, of Friday Harbor is combining her firm with theirs beginning November 29. The firm will retain the name of Lake Kennedy McCulloch, CPAs.
Susan brings to the firm 14 years of professional service to her clients in the San Juan Islands.
The Friday Harbor firm of Lake Kennedy McCulloch, CPAs, began with Steven C. Kennedy, CPA, 25 years ago and has grown to now include a total of 6 CPAs and 3 offices serving the San Juan Islands and Vashon Island.
Holistic Health Clinic Opens In Friday Harbor
Friday Harbor Holistic Health will be holding two workshops in Friday Harbor. “The Nature of Crystal Healing Workshop” will be held Sat., October 23rd, 2010, 9-4pm, and on Sat., November 6th, 2010,(9:00 to -4:00 pm) there will be an “Introduction to Distant Healing” workshop.
Both workshops will be held in the San Juan Island Grange building at 152 North First Street (next to the American Legion Post) in Friday Harbor, WA. For Registration: Call (360) 317-5458 or Both workshops will be held in the San Juan Island Grange building at 152 North First Street (next to the American Legion Post) in Friday Harbor, WA
For Registration: Call (360) 317-5458 or www.FridayHarborHolisticHealth.com
The workshops are open to all levels from beginners to professional holistic healers.
Nicholas Corrin , L.Ac, will be the presenter of The Workshops, which will combine theory, demonstration, and practice. Nicholas Corrin has 20+ years of Alternative Medicine and Holistic Education, and explains why he has moved his Seattle practice to San Juan County:
GODDULANGLIE Acquires Eaton Law Practice
(Don & Shyrl with Margaret Langlie & Pete Goddu)
When longtime San Juan County lawyer Don Eaton became San Juan County’s Superior Court Judge, he and his wife Shyrl (his legal assistant/ office manager) began the complicated process of closing his law practice after 31 years. At the same time, lawyers Peter (“Pete”) Goddu and Margaret Langlie were winding up a month-long commute (via West Wind Aviation) to Sequim (where they were covering the law practice of a colleague on medical leave) and pondering their next professional move.
The Bean Café
(L to R:Jenny Anderson, Lori Petersen, Lori Guard, and Angie Raub)
The Bean Café (370-5858) opened their doors last week after a brief remodel. The new business is in the space that was last occupied by Pelindaba Lavender, in the alleyway on 1st Street. The Lavender shop recently downsized leaving an opportunity for the new owners, Gordy & Lori Petersen, to continue the tradition of serving coffee, teas, and delicious food in this popular gathering place in downtown Friday Harbor.
Lori Guard and Angie Raub (former owner of the Cannery House) are serving up fresh baked goods and delicious specialty sandwiches 7 days a week. The espresso, coffee drinks, and teas are still the best quality and served in the traditional way.
“We offer a true café experience,” Said the owners, Gordy and Lori Petersen. “We have taken this café to a higher level. Our goal is to offer the best quality products, give our customers friendly and efficient service, at affordable prices.”
This is not the first business of this type for the Petersen’s. They have owned grocery stores in the past with service delis. Their experience in sandwich making is extensive. “We have made hundreds of thousands of sandwiches in our former shops and if you count the number Angie has made in her long career, we could be close to a million served.” Now they are at it again.
The Bean is now open from 7am until 6pm everyday. Look for special events in the evenings on Friday and Saturday’s.
Flea Market & Craft Fair
The San Juan County Fair will host a giant Flea Market and Craft Fair, Saturdays, October 10, November 14 and December 12, 2009.
The events are open to all sellers, artists, crafts people and buyers and will run from
9:00a.m. until 1:00p.m. in the Main Building at the fairgrounds.
Applications for a vendor booth space are available on-line at www.sanjuancountyfair.org Interested persons may also contact the Fair office at 378-4310 or email firstname.lastname@example.org for information or an application to reserve a vendor booth space. There is a discount to vendors for reserving booth space on multiple dates.
How The Economic Stimulus Bill Will Affect Business
By Kristen Whitener
The American Recovery and Reinvestment Act has far-reaching effects for the economy, but how does it directly affect businesses that aren’t in the renewable energy or construction fields? Here are highlights from the Recovery Act.
• $255 million in loans to pay debt service on qualified business loans: The SBA will loan up to $35,000 to viable small businesses to make payments on existing, qualifying loans for up to six months. Repayment begins 12 months after the loan is fully disbursed.
• Increase in SBA 7(a) loan guarantee up to 90% of the loan and reduction or elimination of SBA loan fees.
• $30 million additional loan funds available through SBA-approved microlenders. Microlenders can loan up to $35,000 for start-up and small businesses.
• Immediate tax write-off of equipment purchases up to $250,000 (Section 179 depreciation write-off).
• Tax credits for hiring unemployed veterans and disaffected youth. These workers were added to the federal Work Opportunity Tax Credit program.
• Ability for companies that produce intangible property to finance their facility using industrial development bonds. An example is a business that develops new processes or technology.
• Ability for employees of service businesses and farms that are experiencing downsizing because of international competition to participate in the federal Trade Adjustment Assistance program.
• Creation of Recovery Zones where businesses are eligible for tax credits. This is similar to an enterprise zone, but it is based on areas with declining employment.
• 5 year operating loss carry-back for 2008 business losses for federal taxes. If you had a business loss in 2008, but paid taxes in prior years, you can get a refund.
• Withholding changes: There will be a new federal withholding schedule that gives employees more take-home pay and the 3% withholding from government contractors has been delayed until 2011.
• Increase in the SBA surety program for job completion to help small businesses compete for public works projects.
Businesses can find resources for surviving this economic downturn on Mount Vernon Chamber of Commerce’s Tools for Business Success website at www.mountvernonchamber.toolsforbusiness.info.