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Chamber Welcomes Smoothie King to Little Elm

By Jim Manning | Business

Smoothie King was welcomed by the Little Elm Chamber of Commerce. The ribbon cutting took place at their store in front of the Kroger Marketplace on the Highway 423 side. Everyone attending received a complimentary healthy smoothie.Read More

Taxes – Things You Might Not Know – But Should

By 380news | Business

The financial website NerdWallet, Inc. quizzed Americans on their tax knowhow this past January and determined that taxpayer’s lack of knowledge costs them big bucks in lost opportunities and penalties. Here are a couple of common examples. Many believe that If you file for a tax extension beyond this year’s April 18 deadline, you can hold off on paying any tax liability that you owe. Wrong. You’re supposed to estimate the amount you owe and send the IRS a check by April 18. Anything Uncle Sam receives after that deadline…Read More

PACCAR Selects McKinney for Manufacturing Operation

By 380news | Business

Fortune 500 company to bring 200 jobs in six years to McKinney  McKINNEY, TX – The McKinney Economic Development Corporation (MEDC) has reached an incentive agreement with PACCAR, a Fortune 500 company, to construct a new manufacturing facility for its Dynacraft division in McKinney. The deal is expected to be finalized in the coming weeks. The City of McKinney is also participating in the incentives to the project. PACCAR will build a 130,000 square foot manufacturing facility located at Wilmeth Road and Redbud Boulevard. Under the agreement, the company will…Read More

NCTCOG Earns Seventh SmartWay Affiliate Honor

By 380news | Business

EPA has recognized the Council of Governments every year of the challenge ARLINGTON, TX – The North Central Texas Council of Governments has been recognized by the Environmental Protection Agency for the seventh time as a recipient of the SmartWay Affiliate Challenge, an honor given for its efforts to reduce truck emissions and improve the efficiency of freight movement. NCTCOG and the American Trucking Associations are the only affiliates recognized each of the seven years of the challenge’s existence (2007 and 2012-17). The SmartWay Affiliate Challenge is a national challenge developed by EPA to acknowledge organizations that are contributing to a clean energy economy by reaching out to inform and educate businesses, their communities, truck drivers and other stakeholders about…Read More

Texas Ranks High Nationally for Women-Owned Businesses

By 380news | Business

AUSTIN, TX – Recent studies rank Texas high for the growth and economic success of its women-owned firms. The state ties for first in the nation for economic “clout” – a measure combining the growth in the number, employment and revenues of women-owned firms. Austin, San Antonio, Dallas and Houston are among the top U.S. metropolitan areas for such businesses. Yet there’s still room for improvement. Texas-based, women-owned firms with employees made up just one-fifth of the state total and less than 5 percent of annual payrolls, according to a recent U.S. Census Bureau survey. In this issue of Fiscal Notes, we interview some prominent Texas businesswomen and examine the challenges and opportunities they face, while highlighting the ways in…Read More

First Automotive Dealership in Prosper

By 380news | Business

Toyota and Penske Motor Group Break Ground PROSPER, TX – Penske Motor Group (PMG) is marking its expansion into the Dallas market with a community kickoff event and steel raising ceremony at the site of its newest dealership, Longo Toyota of Prosper – the first automotive dealership in the Town of Prosper. PMG is celebrating the 50th anniversary of its flagship dealership – Longo Toyota – and Longo’s 50th consecutive year as the No. 1 Toyota dealership in the world by opening its first Longo-branded dealership outside of California. Guests who attend the event will have the opportunity to sign the first steel beam being placed in the Longo Toyota of Prosper building. The event for the new facility will…Read More

From the Desk of Hugh Coleman

By 380news | Business

TxDOT originally authorized funding for Highway 380 in the amount of $50 million. Additional funding has been added to the project with the total funding now at $74,587,878.00. Schematic: Designed grade separations at FM 423 and FM 720. AECOM completed revised grade separation design at FM 720 and FM 423 with six lanes going over cross streets. AECOM submitted grade separations for Navo and Teel Parkway. There has been continuing coordination between Frisco and Little Elm on additional grade separations. AECOM received direction from TxDOT in midSeptember to proceed with the six-lane option. AECOM prepared the 2020 model and worked to design the year 2040 and 2050 model. AECOM submitted schematic plans to TxDOT for review in December. Denton County…Read More

Protect Your Watercraft Investment

By 380news | Business

Watercraft Insurance With More Options Boats and personal watercraft are big investments, but if you love being out on the water, you know they’re worth it. So protect your fun investment with coverage that’s designed with the boat lover in mind. Not with some standard coverage or add-on to your Homeowners insurance. Get the Boat insurance that goes beyond standard. Something that gives you the options you want, all in one package. Boat insurance package: Farmers offers a variety of industry-leading Boat insurance packages, to give you more choices and more options in the simplest way possible. Just pick the marine package that fits your lifestyle and budget, and get the coverage you want all in one. Marine Choice Saver…Read More

LEISD and Chamber of Commerce Share an Informative Luncheon

By Jim Manning | Business

The Little Elm Independent School District and the Little Elm Chamber of Commerce presented an information program at one of the Chamber’s monthly luncheons. The Education Foundation led by Ed Griffin spoke about their support for the schools and their Mission, to enrich teaching, inspire learning, and maximize innovative opportunities for the LEISD. Dr. Tony Tipton spoke on the opportunities in Career and Technical Education available for students. One example is the development of a welding class for students to prepare for a new career. The Chamber of Commerce President, Jenifer Olvera, reminded all about the upcoming music in the Little Elm Park, which provides live music in the park each Friday in June. Everyone in attendance was invited to…Read More

A Lifetime of Banking: PointBank’s J. Raymond David Sr. Celebrates 50 years in Banking

By 380news | Business

Pilot Point, TX – PointBank CEO J. Raymond David Sr. began his banking career in 1962 as a bookkeeper for First State Bank in Denton. It was clear very early on that David – a college student at the time – wanted to learn every nook and cranny of the industry, and by the time he left 14 years later, he had worked in nearly every department that bank had to offer. Mr. David still is very hands on in what has become nearly a lifetime in banking. He is…Read More

Charitable Confusion? Tax Tips for Donations

By 380news | Business

If you gave money or goods to a charity, you may be able to claim a deduction on your federal tax return. Here are some important facts about charitable donations: Qualified Charities. Taxpayers must donate to a qualified charity. Gifts to individuals, political organizations or candidates are not deductible. To check the status of a charity, use the IRS Select Check tool. Itemize Deductions. To deduct charitable contributions, taxpayers must file Form 1040 and itemize deductions. File Schedule A, Itemized Deductions, with a federal tax return. Your intent here is…Read More

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