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Business & Lifestyle

COMMENTARY: Illinois legislature considering allowing tax bills to be paid with cryptocurrency

A recent topic of discussion in the Illinois House may become a point of discussion in next week's scheduled hearing of the House Revenue and Finance Committee, slated for 3:00 p.m. on Wednesday, April 11. What is this point of discussion, you ask? A proposed bill filed by Democratic state representative Michael Zalewski (also the chair of mentioned committee), House Bill 5335, may allow for the payment of tax bills with cryptocurrency, but there is much confusion from the vague […]

todayApril 5, 2018 50

Business & Lifestyle

Ives and Skillicorn blame Rauner for the shrinking net worth of Illinois

SPRINGFIELD (Heartland Newsfeed) -- While the blame game is well underway between Democrats and Republicans, both in the Illinois General Assembly and in the gubernatorial race, Republicans are taking the time to blame the state's continued losses in net worth on Gov. Bruce Rauner. Republican legislators shifting the blame on Rauner include his former primary opponent Rep. Jeanne Ives (R-Wheaton) and Rep. Allen Skillicorn (R-East Dundee). “Bruce Rauner needs to apologize to the base of his party,” Skillicorn told Heartland […]

todayApril 4, 2018 32

Business & Lifestyle

Nickelodeon to bring back Blue’s Clues with new host

LOS ANGELES (UPI) -- Nickelodeon announced last week it is looking for a new host for its revival of the live-action and animated series Blue's Clues. The cable network ordered 20 episodes of the show, which will once again be aimed at pre-schoolers and follow the adventures of a curious puppy named Blue. Production on the new Blue's Clues is scheduled to begin this summer. "With Blue's Clues, Nickelodeon launched what became TV's first generation of interactivity for preschoolers and set the bar for quality, […]

todayMarch 11, 2018 64

Business & Lifestyle

The Sopranos prequel film now in development

LOS ANGELES (UPI) -- New Line is working with The Sopranos creator David Chase on a prequel movie to his HBO mob drama The Sopranos. Chase wrote the screenplay for The Many Saints of Newark with Lawrence Konner, Variety reported Thursday. Chase will also produce and help hire a director for the project. The series ran 1999 to 2007, earning 21 Emmy Awards along the way. It starred the late James Gandolfini as the fictional crime boss Tony Soprano, who suffered panic attacks and consulted a psychiatrist about how to balance his […]

todayMarch 11, 2018 59

Business & Lifestyle

LLCU CEO Harris resigns, CFO Althoff named interim CEO

DECATUR (Heartland Newsfeed) -- Land of Lincoln Credit Union (LLCU) announced in a press release Thursday that Chief Executive Officer Doug Harris will be resigning from his position effective Friday. The credit union's board of directors will be seeking a successor in the upcoming months. "It has been a tremendous privilege to lead the employees of LLCU," Harris said in a statement. "I am proud to have worked with amazing colleagues and feel like we have made a significant impact […]

todayMarch 8, 2018 79

Business & Lifestyle

Coinbase hit with two class-action lawsuits, one claiming insider trading

SAN FRANCISCO (Heartland Newsfeed) -- The popular cryptocurrency exchange Coinbase will be facing two new class-action lawsuits in Federal court, one of which accuses the exchange of insider trading. The first suit, filed Thursday, claims that Coinbase employees unfairly profited from the December listing of Bitcoin Cash (BCH), citing that the August spinoff from Bitcoin (BTC) and December 19 trading launch resulted in the price skyrocketing to nearly $1,000. Additionally cited that while this news was a surprise to everyone, […]

todayMarch 6, 2018 56

Business & Lifestyle

Proposed FARM Act means less regulation for Illinois farmers

SPRINGFIELD/WASHINGTON (Illinois News Network) -- The proposed Fair Agricultural Reporting Method (FARM) Act gives farmers one less regulation to follow and one less burden to bear. Under the FARM Act, which was recently introduced in the U.S. Senate, farmers nationwide would be exempt from having to report emissions from the natural process of manure breaking down on their land and one expert said that’s a good thing. Tasha Bunting, the assistant director of Commodities and Livestock for the Illinois Farm Bureau, […]

todayMarch 5, 2018 63

Business & Lifestyle

Bourne proposes legislation to repeal the estate tax

LITCHFIELD (Heartland Newsfeed) -- Agriculture runs deep in our American heritage and has been a key component of our state’s history. Illinois, with over 72,000 farms that cover 27 million acres, is an agricultural powerhouse that should be recognized and fostered. One crippling challenge for many Illinois farming families is how to pass the farm on to the next generation after the death of the owner. Currently, Illinois’ estate tax law disproportionately impacts small family farms. The value of these farms, […]

todayMarch 4, 2018 80

Business & Lifestyle

Litchfield ponders 12-year extension of TIF District 1

LITCHFIELD (Heartland Newsfeed) -- With four years remaining on the current tax increment fund (TIF) in District 1, the City of Litchfield presented their case to fellow taxing bodies as to why this district needs extended for an additional 12 years during an informational hearing which took place at the Litchfield Community Center on Wednesday, Feb. 21. "TIF districts address private investment in areas where private investment is not occurring," according to Mike Weber from St. Louis-based PGAV Planners during […]

todayFebruary 27, 2018 115

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