Business Buzz: Chamber to host Business and Breakfast at TMH | CraigDailyPress.com

Business Buzz: Chamber to host Business and Breakfast at TMH

Craig Daily Press Staff Report

The Craig Chamber of Commerce will host its monthly Business and Breakfast from 6:45 to 7:45 a.m. at The Memorial Hospital.

Participants will have an opportunity to discuss business issues, trends, challenges and successes. The event provides a place for people to network with other businesses.

Attendees will be able to tap into a collective of experience, expertise and knowledge — and measure local economic trends and expectations.

Anyone interested in Craig’s business climate is welcom. Breakfast available for $4, and an RSVP is recommended. Call the chamber at 970-824-5689.

Check withholding to avoid a tax surprise

The Internal Revenue Service reminds taxpayers that summer is a good time to consider a mid-year withholding adjustment, according to a press release from the IRS. Tax planning now may provide a lower tax bill later.

"While some taxpayers prefer to get a large refund, those struggling financially may want to look at their situation, make adjustments to withholding and get a boost in take home pay," Karen Connelly, IRS spokeswoman, said in a statement. "No one wants a surprise at tax time. Checking your withholding now allows plenty of time to catch up if you're having too little withheld."

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Generally, three out of four taxpayers get a refund and the average refund this year is just under $2,900. To bring the tax paid closer to what's actually owed, taxpayers should consider using the online Withholding Calculator or IRS Publication 505, Tax Withholding and Estimated Tax. Both are available on the IRS website, http://www.irs.gov.

Wage earners needing to adjust their withholding should complete and submit a new Form W-4 to their employer. Self-employed taxpayers can use Form 1040-ES worksheet to figure the correct amount of their estimated tax payments.

BBB warns about affordable housing scams

If you or someone you know is looking for affordable housing, Better Business Bureau Serving® Northern Colorado and Wyoming wants you to be aware of fake websites created by con artists to take advantage of low-income house hunters.

"The phony sites look like registration sites for HUD and Urban Development's Housing Choice Vouchers, also known as Section 8. If you pay a fee or give your personal information, the scammers will take it. And you still won't be on a real Section 8 waiting list," Shelley Polansky, BBB VP/communications, said in a statement.

Section 8 participants are free to choose any housing that meets the requirements of the program and are not limited to units located in subsidized housing projects.

However, if you search online for the Section 8 voucher waiting list, the top search results often are bogus sites. The sites look very real and their names may say "Section 8," and they might show an Equal Housing Opportunity logo. They ask for fees and your personal information, like your Social Security number. They'll keep the money, sell your personal information to identity thieves, and disappear.

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