Monday, May 6, 2013

Senator Chuck Grassley issued this comment about his vote against the Marketplace Fairness Act, S.743, which would allow states to require online retailers to collect state sales tax.

"There are a lot of questions about how this legislation would work as a practical matter.  How would it be enforced, even on foreign-based businesses, and what kind of costs and administrative burdens it would put on all businesses?  Could businesses face audits from any state that acts on the authority given by the legislation?  What about the lack of certainty regarding how far the tax authority could be taken by states?  Would it result in states imposing taxes on financial transactions, for example?

"In addition, there's an unresolved Constitutional concern.  Congress has the authority to allow states to exercise authority across state lines under the commerce clause, but Congress does not have authority to loosen requirements under the due-process clause, which requires a minimum level of contacts between a state and a business before a state may exercise taxing authority over a business.  A single sale in a state isn't likely to meet that standard.

"These are important questions, and they should have been addressed in the Senate committee of jurisdiction, the Finance Committee.  Bringing this bill directly to the floor circumvented the committee process and the scrutiny and expertise needed for good tax policy."

 

SPRINGFIELD - Governor Pat Quinn issued the following statement regarding today's vote by the Illinois House of Representatives to pass a historic and comprehensive pension reform that will stabilize the pension systems, eliminate the unfunded liability, and preserve the pensions of hard-working state employees and teachers. More than a year ago, the governor convened a legislative working group and proposed a comprehensive solution that includes the key elements of Senate Bill 1:

"Today the Illinois House of Representatives took the biggest step to date towards restoring fiscal stability to Illinois.

"With the passage of this comprehensive pension reform solution, Illinois is closer than ever to addressing a decades-long problem that is plaguing our economy, our bond rating and the future of our children.

"I want to thank Speaker Michael Madigan, Leader Tom Cross, Rep. Elaine Nekritz and members of the House who did the right thing today by voting to preserve the pensions of hard-working state employees and teachers. This solution includes the key reform principles that I have long supported: a COLA adjustment, increase in the retirement age and an increase in the employee contribution. It also includes important refinements as outlined in my 2013 budget.

"Senate Bill 1 is a serious solution to the most serious fiscal challenge our state has ever faced.

"Today's action sends a strong message to the people and businesses of our state: Illinois is ready for reform and we understand that this reform is critical to building a brighter future for all."

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WEST DES MOINES, IOWA - May 2, 2013 - Unusually-cold spring weather is causing new concerns for Iowa's delayed planting season; the 2012 drought depleted the nation's reserves  making this year's crop a crucial one for global market exports, biofuel production and livestock farmers, according to the Iowa Farm Bureau Federation (IFBF).

"The nation's farmers, biofuels makers and grain exporters will all be affected if another crop falls short of expectation," says IFBF economist Dave Miller. "But, if the weather turns around and our record corn and soybean acres see record yields, that would likely swamp grain markets and drive down prices for crop farmers; we're in an unusually crucial situation this year."

Miller added, "Are we standing on the edge of a cliff?  With another short crop, we can't adjust exports down much further...therefore, where would the next adjustment come from? We saw the first contraction in biofuels production in seven years, because of last year's drought.  Exports have also been a point of adjustment in past major crop shortfalls; all these things send ripple effects through our entire industry and that means consumers could feel it, too."

Helping Iowa farmers manage market risks like these and discussing farm policy challenges will be a key theme in the 2013 IFBF Economic Summit "Grain, Gridlock and Globalization: Meeting the Economic Challenges in Today's Agriculture," which will be held July 22 and 23 in Ames.  The two-day summit brings nationally-known experts on crop and livestock market trends, exports and commodity price experts to the Iowa State Center Scheman Building on the Iowa State University campus.

"Clearly, there are many unpredictable factors out there impacting farmers; most delayed planting seasons are regional in nature; however this year, because of wild weather, the entire grain producing region is impacted.  But we also have record land prices, a crop that is vastly more expensive to produce, an uncertain political climate with no new Farm Bill and emerging trade challenges.  All affect our ability to grow food, fiber and fuel," says IFBF President Craig Hill.

National experts ranging from economists Allen Featherstone of Kansas State University, Michael Boehlje from Purdue, export and policy analyst Ross Korves and ag meteorologist Elwynn Taylor are among many nationally-recognized monetary, policy, trade and economic experts tapped for the July IFBF Economic Summit.

For a complete listing of the panelists and schedule, click here: www.iowafarmbureau.com.

The price of the two-day summit is $50 for Iowa Farm Bureau members and $150 for non-members.  Information about the summit, lodging and online registration forms can be found at www.iowafarmbureau.com.

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About Iowa Farm Bureau

The Iowa Farm Bureau Federation is a grassroots, statewide organization dedicated to enhancing the People, Progress and Pride of Iowa.  More than 153,000 families in Iowa are Farm Bureau members, working together to achieve farm and rural prosperity.  For more information about Farm Bureau and agriculture, visit the online Newsroom page atwww.iowafarmbureau.com.

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Ill. Sen. Passes Gaming Bill
32-20

The Illinois Senate voted today to create thousands of jobs and generate sorely needed revenue for our state. With the passage of Senate Bill 1739 - which includes strong ethical safeguards and oversight - construction workers, farmers, horse breeders and other hard-working Illinoisans can look forward to more opportunities that will help create a brighter future.
CHICAGO - Governor Pat Quinn issued the below statement following today's House Committee vote to enact comprehensive pension reform that will stabilize the pension systems, eliminate the unfunded liability, and preserve the pensions of hard-working state employees and teachers. More than a year ago, the governor proposed a comprehensive solution that includes the key elements of Senate Bill 1:

"I commend the nine members of the House Committee who today voted to address the biggest challenge facing our state.

"Illinois' economy will not fully recover until the General Assembly passes this comprehensive pension reform and sends the bill to my desk.

"Now is the time to take this major step to restore fiscal stability to Illinois.

"Every day that goes by, the unfunded liability grows by $17 million.

"The taxpayers of Illinois are waiting. Let's get the job done."

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The Quad City International Association of Administrative Professionals (IAAP) will be presenting a FREE Seminar on Monday, May 13, 2013 at the MRA Administrative Offices located at 3800 Avenue of the Cities - Suite 100 in Moline, IL.   The speaker will be Dr. Jill M. Bjerke.  She will be presenting "Cut The Clutter".

 

Networking/Gathering begins at 5:30 PM, Dinner at 6:00 PM (reservation is required - meal cost is $8.00) and the speaker will begin at 6:30 PM. Following the presentation, a short chapter business meeting will be held.

To register, please contact Stephanie Noyd by 11:00 AM by Friday, April 5, 2013 at (309) 235-5775 or email her at paranoyd5@frontier.com.

 

For more information, go to our website at www.iaap-quadcity.org/quadcity/meetingsevents

 

IAAP is the world's largest international association of administrative professionals. IAAP offers professional development, leadership training and networking opportunities for administrative professionals. IAAP is a non-profit, volunteer association.

Joining a professional organization demonstrates your commitment to your career. Work is most rewarding when we do it with enthusiasm and give it our best. Through IAAP you will gain knowledge, confidence and contacts that will help you advance professionally. IAAP works to build a professional image of administrative professionals in the workplace.

IAAP membership is open to all persons working in the administrative field, along with business educators, students, firms and educational institutions. There is no test of sponsorship required. Through IAAP qualified professionals can test for the certification rating, the benchmark of excellence in the administrative profession.

For more information please contact Kathy Riley at (309) 489-6122.

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Architectural, Engineering & Environmental Firms
Lose an Average 100K a Year, CPA Says

June Jewell, a CPA and owner of Acuity Business Solutions consulting, says the architectural, engineering and environmental firms she works for easily lose $100,000 each year through inefficient and ineffective practices.

"Of course, sometimes the waste is much, much more - and this goes for larger and smaller businesses," says Jewell, author of "Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms," (www.FindTheLostDollars.com). "The problems are usually so fundamental to a business that they will never see why and how they're bleeding money; they're too close."

There are several nooks and crannies in which firms are apt to lack efficiency. Jewell reviews three general areas where most of these firms can turn unnecessary losses to gains:

• Company culture: While the culture may vary somewhat from one firm to another, architectural, engineering and environmental firms share some of the same characteristics. One is that their founders tend to go into business because they're creative people who love what they do -- not because they're business people. So they don't focus on profits, and they tend to be casual managers with regard to employees' time. Shifting the culture to a focus of being profitable is not only necessary for sustaining the business; it allows creative people to do more of what they love.

•  Ineffective practices: Of course, there are many moving parts in an A&E firm, which means there are many potential areas for improvement. That includes customer service, time management, marketing, strategic planning, accurate budgets and estimates, and the cost of lost opportunities. Failure to create an accurate, meticulous job estimate, for instance, can have multiple consequences, from having disappointed clients to jeopardize projects to losing money because time, materials and other costs were not accurately forecast.

• Systems & IT: This is the third way to improve business management and increase profits. Technology is able to help companies leverage their resources more effectively, yet many of them are still using outdated software and non-integrated systems. By looking at systems as a strategic investment that can help them to be more competitive, they can realize a great return on investment (ROI) from their projects. While the transition from old to new software has its cost in time and work, the efficiency gained in future work production is worth it.

"I've worked with hundreds of A&E firms in my 28 years of consulting, and I see these shared problems so often, I offer what I call 'the $100K Challenge,' '' Jewell says. "That's a guarantee that I can work with any business that's doing a few million dollars a year in business and find $100,000 they're losing in profits."

In this post-recession economy, she says, it's vital for firms to tune up their business management practices in order to thrive.

About June Jewell

June R. Jewell is a CPA and CEO of Acuity Business Solutions, which consults with project-based professional services firms to support profitability. She has more than 28 years of business management consulting experience and has worked with hundreds of business owners in architecture, engineering, environmental consulting, government contracting, and management-consulting industries. She has co-authored several books and is has been an assistant professorial lecturer at George Washington University. Jewell is a sought-after speaker for a wide range of industry organizations.

This morning the Jacksonville Journal-Courier and Alton Telegraph issued an editorial detailing the financial setbacks incurred by the Illinois horsemen because funds have not been allocated as expected. An excerpt from that editorial is included below with a link to the full article.

Jacksonville Journal-Courier/Alton Telegraph
April 29, 2013

EDITORIAL: State still breaking promises to horse racing

Why does the state of Illinois continue to break its promises to the horse racing industry?

When Illinois' first riverboat casinos went into operation in 1992, the state's horse racing industry featured purses totaling $41.7 million. In 2012, that total had fallen to $24.3 million.

The sad thing is that this decline came after many people worked for years to build up the horse racing industry in Illinois. Racing was an economic engine, creating good-paying jobs not just on the tracks, but on farms and other businesses throughout the state.

Casino gambling cut into the horse industry's share of the entertainment dollar. In an attempt to sustain the racetracks, they were supposed to receive a percentage of revenue from Illinois' newest riverboat casino that opened in Des Plaines nearly two years ago.

Now, a new report issued by Illinois Auditor General William Holland shows that lawmakers never changed state law to allow the transfer of the millions of dollars due to the horse racing industry. As a result, that money is sitting in a Gaming Board account, doing nothing to help the tracks.

To read the rest of the article in the Jacksonville Journal-Courier, please click here. To read it in the Alton Telegraph, please click here.
Executive Coach Offers Her Own 'MBA for Success'

What becomes of the women who graduate with MBAs from Harvard Business School? Do most go on to fulfilling careers, or do they drop out of the work force when they become moms?

"The number that has been floated for years, and is quoted by Facebook COO Sheryl Sandberg in her book 'Lean In,' is that 15 years after graduation, only a third of them are working full-time -- and they're working for their male classmates,'' says executive and business coach Debora McLaughlin, author of "The Renegade Leader, 9 Success Strategies Driven Leaders Use to Ignite People, Performance and Profits," (www.TheRenegadeLeader.com) and the forthcoming "Running in High Heels".

"That statement suggests that, even when they hold advanced degrees from an Ivy League university, women are less ambitious, less willing and less committed than their male fellow graduates.  ... I just don't believe that."

In fact, McLaughlin is right. Harvard Business School recently surveyed more than 6,400 male and female alumni and found that well more than half the women aged 31 to 47 were working full-time. Sixteen percent were working part-time, and 10 percent were caring for children full-time.

Ninety-five percent of the men were working full-time.

"This tells me that women are making difficult choices. Certainly, to do what it takes to get into Harvard and complete an MBA, they're ambitious," McLaughlin says. "But women, especially those who want to become mothers, face extra challenges in trying to strike a work-life balance. And, let's face it; it's still a male-dominated business world that lacks understanding of the needs of working Moms."

No matter where a person - male or female - earns her master's in business administration, there's a lot they won't learn in business school, McLaughlin notes. She offers her own MBA for successfully having it all:

• M - Management skills: A lot of the female professionals and business owners McLaughlin works with don't enjoy managing people. "They may have gone into a particular industry because it's their passion - whether it's architecture, engineering or small business. They want to move up, but in business, that almost always involves assuming managerial responsibilities," McLaughlin says. You can't duck this and you won't be successful if you're half a manager. Find a mentor, an executive coach, a good course or just read up on current management tools - you'll be happier and so will your employees. And you'll be on the path to becoming an inspiring leader.

• B - Balance: Finding the right work-life balance for you is essential! If your dream is to own that corner office or grow your business into a Fortune 100, carefully "choose your regrets," McLaughlin advises. Will you regret giving up your career to manage a home and children? Will you regret the lost mommy time if you continue working full time? Be bold, ask for what you need. "Why do women give up their careers and men do not?" McLaughlin asks. Striking a balance means being unapologetic about what you need when you need it. When you say "yes" understand what you are saying "no" to.

• A - Advancement: In order to achieve your dreams of success, you have to put yourself out there. "You have to show up and speak up, be authentic and unapologetic," McLaughlin says. Although women now account for more than half the bachelor's and master's degrees in the United States, they fill only16.6 percent of the seats on Fortune 500 boards and women CEOs represent only 4 percent. Get the experience that puts you in the position to be a board candidate, McLaughlin advises. Actively network, find female role models who can help you to achieve the kind of success you're aiming for, and be seen and heard in the workplace.

"If you have a fingerprint to leave on the world and you want to live your life with the greatest impact, know that you can," McLaughlin says. "You can have all that you want, when you want it."

About Debora McLaughlin

Debora McLaughlin is the best-selling author of "The Renegade Leader, 9 Success Strategies Driven Leaders Use to Ignite People, Performance and Profits" and the forthcoming book, "Running in High Heels." She is the CEO of The Renegade Leader Coaching and Consulting Group, combining her experience as certified executive coach, cognitive behavioral psychotherapist and as a top sales performer in New York City and Boston to help CEOs, business leaders and organizations achieve accelerated results.

(CEDAR RAPIDS, IA) - Mr. Michael Kates of Des Moines, IA has been selected to replace Tom Moore as Executive Director of the African American Museum of Iowa (AAMI).  Mr. Moore, one of the founders of the AAMI who has served as the second Executive Director since 2003, announced that his retirement will be effective May 31, 2013.
 
During his 10 years at the AAMI, Mr. Moore has guided it through the Grand Opening, years of changing exhibits, the Flood of 2008, the economic recession, and dozens of other challenges.  A retirement reception open to the public will be held May 25 from 2:00 - 4:00 p.m. at the AAMI, with remarks at 3:00 p.m.
Over the past eight years Mr. Kates has held positions of increasing responsibility at the Fort Des Moines Museum and Education Center in Des Moines, IA, serving as the Executive Director since 2011.  He grew up in Waterloo, IA and  earned both his B.A. and M.A. degrees in History, with an emphasis in Public History, at the University of Northern Iowa (Cedar Falls, IA); his Master's Thesis was "The Des Moines Crocker Street YMCA: A Legacy of Leaders." Michael served our country with a five year tour of duty in the U.S. Marine Corps. Active in his community, Mr. Kates is a member of the Greater Des Moines Community Foundation Community Connect Leadership Program, and serves as a Board Member on the Museum Education Round Table, the South Des Moines Chamber of Commerce, and the Iowa Museum Association, among others.  He will become the AAMI Executive Director effective May 1, 2013.
Mr. Kates first public event will be the AAMI's 20th Anniversary Celebration Banquet on Thursday, May 2, 2013 from 6:00 - 8:30 p.m. at the Cedar Rapids Marriott.  More information and tickets for the event are available on-line at www.blackiowa.org.  For more information about the AAMI please call 319-862-2101 ext. 223.  The AAMI is open Monday-Saturday 10am-4pm and is located at 55 - 12th Ave SE, Cedar Rapids, Iowa.
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