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Business

  • Horse boarding is a part of business in Shelby County

    Shelby Countians love their horses, and the presence of more than 200 horse farms in the county is a reflection of that.

    But who takes care of all these horses?

    Boarding is a big industry in the county—an industry that Bob Johnson of Cooper Coin Farm in Simpsonville said is important because keeping a horse means one must take care of the animal, and that care has far reaching implications in the equine business, he said.

  • Shelby family's trailer company has taken off

    As Louisville and Lexington gear up for a heavy Kentucky Derby tourist season, folks from all over the country are piling in trains, planes and automobiles to visit the Bluegrass State.

    And all those horses that won races in California, Florida, Arkansas, Illinois and Louisiana and earned a chance to run for the roses are descending on the area, too.

  • Are your beneficiary names up to date?

    When was the last time you reviewed your beneficiary designations for life insurance policies and retirement accounts? Very likely, the answer is “never.” But you should review them periodically.

    Various life events can signal a need to review and possibly change your beneficiary designations. Consider whether any of the following events have occurred since you named your beneficiaries.

  • New business: After 5 Auto & Truck Repair

    Address: 122 Goodman Ave., Shelbyville

     

    Who we are:  Chris Cox has opened what he terms a friendly, owner-operated repair establishment with two certified technicians who have a combined 45 yeas of experience in the automotive repair business. The twist here is that the business will be open evenings and by appointment to serve the busy schedules of those who require repairs.

     

  • Former Radio Shack now to be known as Soundtronics

    You may have noticed a new name – sort of – atop a familiar old store in  the Village Plaza Shopping Center in Shelbyville.

    That’s where Henry Burnside has held forth in the consumer electronics business for 32 years.

    Only now, instead of the familiar national name Radio Shack, the sign above the door is Soundtronics, a company that Burnside has all to himself – and already had.

  • Business Briefcase: April 22, 2011

    Kentucky Cooperative Extension

    hires Shelby County native

    Krista M. Brown, daughter of Don and Karen Lisby and granddaughter of William and Linda Jennings, has joined the Boone County Cooperative Extension Service as the new 4-H Youth Development Agent.

    She graduated from University of Kentucky in the College of Agriculture in May 2010 and was previously employed in the College of Agriculture as the Agrosecurity Program Assistant.

  • Last-minute tax tips
    • What does the term “adjusted gross income” mean? Adjusted gross income represents the amount of money you earned during a calendar year. It is the amount used to calculate income on your tax forms and is used to calculate your tax bill. This number doesn’t include personal exemptions or itemized deductions.
  • Late filers are taxing the system

    Hundreds of thousands of people routinely wait until April 15 to file their taxes. And with three more days tacked on to the tax calendar this year, you can expect even longer lines at your local accountant’s office up until Monday.

    Toss in the fact that the IRS wasn’t accepting itemized returns until Feb. 14, and it’s caused quite a backup.

    Bettie Hager, at Hager Tax Service, 1008 Main Street, said this year has been even worse than most.

  • Sometimes no refund can be good news

    The average tax refund jumped 10 percent this year to $3,036, and while it might be nice to get that lump sum it might also be nice to have an extra $250 per month.

    “If you have the discipline to save that money and do something with it, it’s much better to get it back over the course of the year,” said Bettie Hager, with Hager Tax Services.

    Getting that big tax return is similar to giving the federal government an interest free loan.

    Pat Gorbandt, with H&R Block, however said each person is different.

  • Top economic recruiters visiting Shelby next week

    Some of the top economic development officials from around Kentucky are going to get a worm’s-eye view of Shelby County this week.

    Approximately 100 members of the Kentucky Association of Economic Development will descend on Shelbyville and Simpsonville starting Wednesday for their 2011 spring conference, staying through Friday to learn more about opportunities to advance economic development trends and efforts to help grow Kentucky.