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More time allowed to report hidden offshore income

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The Internal Revenue Service is extending the deadline for voluntary disclosure of unreported income from hidden offshore accounts. Taxpayers now have until Oct. 15 to make that disclosure, the IRS said, adding that there will be no further extensions. Under rules issued in March, taxpayers with hidden offshore accounts originally had until Sept. 23. Officials… Continue Reading More time allowed to report hidden offshore income

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Wal-Mart renovating 13 Colorado stores

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A plan to renovate 13 Wal-Mart stores in Colorado will mean 765 temporary jobs. The store at 1575 Space Center Drive in Colorado Springs was renovated earlier this year, creating 60 jobs. The improvements include a new layout, wider aisles, low-profile shelving, new paint, lighting and signs. Wal-Mart has finished renovations in 10 stores already,… Continue Reading Wal-Mart renovating 13 Colorado stores

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Premiums for health insurance grew faster this year than general inflation and the rate of most workers’ pay raises. Premiums for employer-sponsored health insurance rose to $13,375 annually for family coverage – with employees paying $3,515 on average and employers paying $9,860. The findings come from the benchmark study about employer health benefits, released by… Continue Reading Premiums rise faster than inflation, wages

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BBVA: Economic recovery slow and long

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Economists with BBVA Economic Research say the U.S. economic recovery process will be characterized by a slow expansion rate over a prolonged period of time, although the nation will still fare better than other developed countries. Regionally, several challenges will result in below-average economic growth rates compared to previous expansion cycles. Fiscal pressures from reduced tax… Continue Reading BBVA: Economic recovery slow and long

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The University of Colorado at Boulder began construction Sept. 9 on a multi-million dollar bioscience building designed to promote interdisciplinary collaboration and make CU one of the top bioscience universities in the region, according to the Boulder County Business Report.The Jennie Smoly Caruthers Biotechnology Building, a planned 257,000-square-foot building slated for completion in fall 2011… Continue Reading CU breaks ground on bioscience center

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Do you plan to get a flu shot?

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Faith-based investing

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The strategy of making a profit, but not at the expense of morals or beliefs, isn’t always easy. Not every investor is chasing the hottest new stock on Wall Street — some are putting their money where their values are. Known as faith-based investing, the strategy is still to make a profit, but not at the… Continue Reading Faith-based investing

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‘Broken condos’ new investment niche

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Multifamily properties moving from owner-occupied to rentals It’s a new, if somewhat stigmatized, real estate investment category: “broken condos.” Three or four years ago, during the height of the residential real estate boom, some buyers, drawn by the promise of a carefree lifestyle, gravitated to condominiums. Developers around the country stood ready to answer demand,… Continue Reading ‘Broken condos’ new investment niche

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A Colorado Springs professor is nearing animal trials for a laser device that could lessen the complications and expense for nasal surgery. Dr. Michael Larson, El Pomar Chair of Engineering and Innovation and associate vice chancellor for research at the University of Colorado at Colorado Springs, is working on the device — which would mark… Continue Reading UCCS professor on cutting edge of laser nasal surgery

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The veil shrouding venture capital funding was “peeled back” by Catharine Merigold, founding general partner of Vista Ventures, during a Peak Venture Group breakfast last week at the Garden of the Gods Club. As a venture capitalist who vets companies and entrepreneurs’ business plans as part of an ordinary work day, she brought a realistic… Continue Reading ‘Sticky,’ not ‘risky,’ businesses take home venture capital

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