Author Archives | Ted Carter

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Tate Reeves to take part in CCIM panel on ‘State of Commercial Real Estate’

April 14, 2014

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Lt. Gov. Tate Reeves will join a panel of commercial real estate professionals Thursday for a discussion titled “The State of Commercial Real Estate.” The Mississippi Chapter of CCIM forum is from 2 p.m. to 5 p.m. at the Realtor Association building at 4274 Lakeland Drive, Flowood. Brian Estes, 2014 president of the Mississippi CCIM, […]

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Bryant signs tax apportionment bill MEC says will help fix ‘out of whack’ system

April 10, 2014

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  The Mississippi Economic Council capped off its annual luncheon Thursday with Gov. Phil Bryant’s signing of a tax apportionment law the business organization had proclaimed its top priority heading into the 2014 legislative session. Bryant, joined by Lt. Gov. Tate Reeves, signed House Bill 799 in the corridors of the Jackson Convention Center Complex […]

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Industry analyst Jeff Kagan gives Samsung Galaxy S5 thumbs up in initial review

April 9, 2014

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The Samsung Galaxy S5 is now available on AT&T Mobility, Verizon Wireless, Sprint, T-Mobile, C Spire and US Cellular. Industry analyst Jeff Kagan is testing a new Samsung Galaxy S5 and offers an initial comment and review. More to come after a more thorough review. To start let me say I predict this new Samsung […]

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Smithville to gain 40 jobs when furniture maker starts up, 40 more later

April 4, 2014

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SMITHVILLE, Mississippi – This tiny Northeast Mississippi community that knows tragedy and misfortune first hand had something to celebrate Friday with the announcement of 80 new jobs over three with the arrival of start-up furniture company Behold Home Inc. The good news comes just as Smithville heads toward the third anniversary of a E5 tornado […]

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Keesler Credit Union gaining stake in Jackson with MDOT CU acquisition

April 3, 2014

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Keesler Federal Credit Union, a $2.1 billion Biloxi-based member institution, has set the stage for entry into the metro Jackson market with acquisition of the $4.8 million Mississippi Department of Transportation Federal Credit Union. The deal closed March 31. Convergence of the operations is to be completed by June 30. Both non-profit entities were among […]

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Jindal’s least favorite billboard up for one more week – at least

April 2, 2014

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BATON Rouge, Louisiana — A delay in a federal court ruling Wednesday assures that Louisiana’s governor must live at least another week with that bothersome MoveOn.org sign on Interstate 10 just outside Baton Rouge. The sign ridicules the Republican governor for refusing to expand Medicaid health insurance to more than 240,000 of the Bayou State’s […]

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State to end sales tax on interest paid on store-financed merchandise

April 2, 2014

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Toting the note just got easier for Mississippi car dealers and other merchants who finance their customers’ purchases. Gov. Phil Bryant’s signing of House Bill 260 Tuesday puts a July 1 end to sales taxes on interest and other finance charges at buy-here-pay-here retail locations, including auto dealerships and furniture and appliance stores that arrange […]

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Legislators pass new rules on methods of taxing out-of-state companies

April 1, 2014

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By Ted Carter A bill to limit how and when the Mississippi Department of Revenue can use a market-based taxing method in calculating the tax bills of multistate businesses in the state passed the Legislature Tuesday morning. Legislators also put limits on the DOR’s authority to demand multistate companies provide combined tax returns. The DOR […]

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Deadline set for offers on Tupelo’s Lane Furniture plant

March 27, 2014

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  June 19 is the deadline that has been set for offers on bankrupt Furniture Brand’s 430,000 square-foot manufacturing/distribution facility and data center in Tupelo. Property disposition specialist Hilco Real Estate is marketing the Tupelo plant along with 16 Furniture Brands properties involved in the Furniture Brands International bankruptcy case. The portfolio of Thomasville and […]

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Treasurer Fitch: Today’s pepaid college program restart will help erase shortfall

March 24, 2014

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By Lynn Fitch The Board of Directors for the College Savings Plans of Mississippi voted Monday to reopen Mississippi’s Prepaid Affordable College Tuition program (MPACT) for new enrollees beginning in fall 2014. The decision to reopen MPACT brings full circle a process the Board and the State Treasurer’s Office began 18 months ago. In 2012, […]

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