Archive | July, 2011

Riverfest celebrates Wabash River with education, canoe races, family activities

WEST LAFAYETTE, Ind. — A family favorite for over a decade, the Riverfest summer festival will once again celebrate the Wabash River with a day of thrilling canoe races, on-land fun, and education. Riverfest takes place from 9:00a to 4:00p on Saturday, July 9, 2011 at Tapawingo Park in West Lafayette, Indiana. Building on the […]

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Posted in Arts + Entertainment0 Comments

IRS identifies organizations that have lost tax-exempt status; announces steps to help revoked orgs

WASHINGTON, DC — The Internal Revenue Service has announced that approximately 275,000 organizations under the law have automatically lost their tax-exempt status because they did not file legally required annual reports for three consecutive years. The IRS believes the vast majority of these organizations are defunct, but it also announced special steps to help any […]

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IRS increases mileage rate 4.5 cents to 55.5 cents/mile

WASHINGTON, DC — The Internal Revenue Service has announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes. The rate will increase to 55.5 cents a mile for […]

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Drunk students rejoice: Purdue implements interim medical amnesty policy

WEST LAFAYETTE, Ind. — Purdue has announced an interim policy that assures students they will not face university discipline if they seek medical assistance when they or someone they help is intoxicated. This good Samaritan policy, called Purdue CARES, is the product of yearlong research and advocacy by the former president of Purdue Student Government, […]

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IRS interest rates remain steady for third quarter of 2011

WASHINGTON, DC — The Internal Revenue Service has announced that interest rates for the calendar quarter beginning July 1, 2011, will remain the same as in the previous quarter.  The rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; four (4) percent for underpayments; six (6) percent […]

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