Gunning Daily News

Word of the Day

November 8, 2013 3:42 pm

Plat. Map or survey showing the location and boundaries of individual properties and how they have been subdivided into lots and blocks.

Tips for How to Send the Perfect Corporate Gift

November 8, 2013 3:42 pm

There are only a few more weeks until the holidays, so it's time to start planning what gift to give to your most important clients, co-workers and business partners. You're tasked with finding a unique, but recognizable, professional, but not too stuffy, inexpensive, but not too cheap, gift to send out to your annual list of recipients. Oh, and did we mention it needs to be different from what you sent last year?

To help make things easier, below are a handful of tips to help you find a gift that will make a lasting impression this holiday season. Follow these simple tips and you'll be sure to wow recipients and be the talk of the water cooler.

1. Be Original – Nobody wants to be the umpteenth person to send a tin of broken chocolate chip cookies or oversized popcorn (which we all know goes stale after a day of people snacking on it and forgetting to put the lid back on properly). An original and tasty treat will send employees flocking to the break room for a taste.

2. Show Professionalism – Corporate gift-giving is not the time to get crafty. Save the quirky and home-made gifts for the white elephant gift exchange. A properly packaged and professional-looking gift says "I am a grown-up and I wanted to send you something GREAT this year to say 'thank you' for working with me."

3. Mix It Up – If you're sending a gift to an entire office or department, be sure to offer something to please everyone. Send a variety of options so that everyone will have something to enjoy.

4. Avoid Perishable Goods – You know that box of pastries that arrived at 4 p.m. on Friday that nobody saw until Monday morning? They're old now and nobody wants them. If you send food, make sure it has a reasonable shelf life and won't go bad in a day. If you're not certain, ask if the item you want to purchase will be good for several days or comes in individually-packaged servings.

5. Have Enough to Go Around – Think about how many people will be receiving your gift. If you're just buying for one person (like your boss), don't get an XXL fruit basket packed with enough bananas to feed 20 people. The same goes for larger groups. If it's an office of 50 people, don't send a dozen monogrammed mouse pads, as some people will not get one and feel left out. Not sure how many to buy for? Call the receptionist. These often undervalued employees are the key to knowing what will please everyone.

6. Get in Early – This one is important. Send your gift to arrive the first or second week of December. Why? Because everyone else will send theirs to arrive the third week and they will pile up at the office and be overlooked. Whatever you do, don't send it the last full week of December. No one will be in the office that week. But you know that… you already requested off for that week.

7. Send a Note – You don't want your nice gesture to be a secret one at the holidays. Order a gift with a personalized note and get an estimated delivery date. Early on the day it's set to arrive, let the recipient know you're "sending a little something to say Happy Holidays." That will cause people to keep an eye out and may even inspire a "Treats in the kitchen from our favorite vendor!" email that can lead to new biz next year.

Source: Sweet Secrets Chocolate™


Ideas and Inspiration to Reduce Food Waste in the Home

November 8, 2013 3:42 pm

(Family Features)--Food waste is a major global issue that affects the environment, economy and food security. According to a 2012 report by the National Resources Defense Council, American families throw out 25 percent of the food they buy. That’s roughly the equivalent of $1,500 wasted each year.

Chef Alex Guarnaschelli, who participated in Food Network’s “The Big Waste” special and serves as a judge on “Chopped,” is encouraging food enthusiasts to love food more and waste it less, one day at a time.

“One of the most important steps we can take in an effort to reduce food waste is prepping ingredients properly right from the start,” Guarnaschelli says. “Just take time on Sunday, the day when most people grocery shop and prep for the week ahead, to wrap and protect foods to help keep food fresh all week. This, combined with other steps like planning ahead and using leftovers can go a long way in trimming food waste.”

According to Glad Food Protection’s recent Fridge to Fork report, two-thirds of Americans throw away food weekly or more frequently. Follow these few easy preparation and protection tips to help save time, money and the environment:

  • Look beyond looks: Nothing’s perfect – fresh fruits and vegetables included. Often, anything with bruises, bumps or oddities gets picked over. But a misshaped tomato could end up being the firmest and tastiest of the bunch. Don’t be afraid to buy something imperfect, you may be surprised.
  • Prep and protect: Food spoils in homes due to improper or suboptimal storage, poor visibility in refrigerators, partially used ingredients and misjudged food needs, according to the National Resources Defense Council report. Taking easy steps to prep and protect food before storing helps keep food fresher longer. For example, keep kale crisp by wrapping in a paper towel, storing in an airtight Glad Zipper bag and placing in the coldest part of the fridge.
  • Leftover do overs: Don’t scrap today’s leftovers or excess ingredients; use them for tomorrow’s meals. Extra baked or rotisserie chicken? Debone and shred what’s left, and store it in an airtight container to later make chicken enchiladas the whole family will enjoy. Leftover cooked veggies? Use them as the base for a slow cooker meal.
  • Play musical shelves: When you purchase new food, shuffle the older items to the front, putting the newer items toward the back. You’ll be prompted to use these items first, before they go bad.
  • Lead with the list: Plan meals ahead for a trip to the store. A detailed list will help curtail impulse purchases and over-buying. Be realistic about what you’re going to prepare, accounting for days you’ll eat leftovers or go out.



Why Settling Student Loan Debt Is So Difficult

November 8, 2013 3:42 pm

Settling student loan debt isn't as easy as a hospital bill or car loan payment that has gone to collections. Nationwide, many graduates are learning that their student loan debts are hard to shake.

Part of the reason, according to Reuters, is that settling student loans may only be possible when students offer large lump-sum payments, averaging "between 30 percent and 80 percent" of the entire loan amount. With the average student loan debt at $27,000, that means debtors need to shell out thousands of dollars in order to avoid collections.

What else can struggling grads do to settle their loan debts?

Settling Student Loans Isn't Cheap

When debtors become overwhelmed by credit card, medical, or auto loan debt, there are a number of debt settlement companies that can negotiate a lump-sum settlement in lieu of your normal debt payments.

But according to the Federal Trade Commission, there are hidden costs and risks to your credit by using these third-party companies. In many cases, a debtor can negotiate a settlement or modified payment plan directly with the company that is owed.

In principle, student loans can be settled in the same way. The problem is that graduates in financial trouble are unlikely to have enough assets to satisfy lenders, especially with some still owing $50,000 or more.

And since the federal government can garnish wages, tax refunds, and benefits in order to collect student loan payments, Reuters reports that a debtor is unlikely to settle federal student loans without offering "more money to the federal government than they're already getting."

Can't Settle? Try This...

Although the invasive nature of federal student loans can be an obstacle to settling debt, the government does provide unemployment deferment and income-based repayment plans that private loans do not.

If your student loan payments are more than 20 percent of your monthly income, you may also qualify for a student loan forbearance, which can put your loans on hold for a year. This may give students time to reassess their financial situations, although interest on that loan will still accrue during forbearance.

You may also consider consolidating your student loans to try to obtain a single, lower interest payment -- not to mention removing the confusion of paying Perkins, Stafford, GradPLUS, and private loans separately. But while consolidation may simplify your student loan debts, you will likely lose eligibility for federal deferments and income-based repayment.



Q: When is the best time to refinance?

November 8, 2013 3:42 pm

A: Many people flock to refinance while mortgage interest rates are low, particularly when rates are about two percentage points below their existing home loans.

Other factors, like when to finance, will depend on how long you plan to hold on to your home and whether you have to pay considerable fees to refinance. It also will depend on how far along you are in paying off your current mortgage.   

If you expect to sell your home relatively soon, you are not likely to recoup the costs you incurred to refinance.  And if you are more than halfway through paying your current mortgage, you probably will gain little by refinancing. However, if you are going to own your home for at least another five years, that is probably long enough to recoup any refinancing costs and realize real savings as a result of lowering your monthly payment.

In fact, if it costs you nothing to refinance, you can gain even more. Many lenders will let you roll the costs of the refinancing into the new note and still reduce the amount of the monthly payment. Plus, there are no-cost refinancing deals available.

Contact your lender, and its competitors, before you refinance.


Word of the Day

November 8, 2013 3:42 pm

Property tax. Assessment levied by city and county governments on real and personal property to generate the bulk of their operating revenues to pay for such public services as schools, libraries, and roads.

How to Identify Legitimate Debt Collection Activity

November 7, 2013 8:00 pm

Nothing is worse than trying to pay off debt, only to fall into a faux debt collection scam, leaving you—and your finances--in worse condition than before.

"Unscrupulous scams hurt consumers and unnecessarily impedes legitimate debt collection efforts," says ACA International CEO Pat Morris. "The recovery of consumer debt is vitally important to our local, state and national economies. Those who purposely violate the law to exploit consumers should be held fully accountable for their actions."

In response to recent news reports about debt collection scams, ACA International offers the following tips for consumers to identify legitimate collection activities.

In addition to federal and state regulatory oversight of the debt collection industry and state law, the federal Fair Debt Collection Practices Act (FDCPA) outlines several important items that consumers can use to discern a legitimate attempt to recover a debt. Generally:

A debt collector may not contact a consumer at times known to be inconvenient to the consumer - assumed to be contact prior to 8 a.m. and after 9 p.m. in your time zone.  Further, a debt collector may not contact a consumer at his/her place of employment if they know that such contact is prohibited by the employer or consumer.

A debt collector may not communicate, in connection with the collection of the debt, with anyone other than the consumer in question or his or her attorney (or the consumer's spouse unless prohibited by state law).

For debt collection communications, a debt collector must disclose its identity to the consumer and notify the consumer that the communication is from a debt collector, and—in the initial communication—that any information obtained will be used to effect collection of the debt.

A debt collector may not make false representations and may not threaten to take action (e.g., lawsuit, jail, garnishment, etc.) against a consumer if it doesn't actually intend to seek such action.

A debt collector must notify consumers of their right to dispute the validity of the debt, in part or in full, with the debt collector. The notice is required to be sent by debt collectors within five days of the initial communication with the consumer. The consumer has 30-days to request verification of the debt from the debt collector.

If the consumer disputes the validity of the debt within the 30-day time period, a debt collector must cease collection of the debt until it provides verification of the debt.

Consumers should also take great care when giving out personal information including a credit card, bank account or Social Security number until certain of the authenticity of the other party.

Consumers should monitor their credit report, as well as accounts and immediately report any suspicious or unauthorized purchases to the bank or credit card provider. If a consumer believes his/her identity has been stolen, [s]he should contact the local police department and visit for information on what to do.

"Debt collectors are not an enemy of consumers," Morris said. "We are advocates for protecting consumer rights while balancing the ability to recover rightfully owed obligations that maintain America's credit-based economy."



7 Year-End Tax Tips for Small Businesses

November 7, 2013 8:00 pm

Small business owners, it's time to consider some year-end tax tips. As a business owner, this may be one of the busiest times of year for you. With less than two months left in the tax year (for most of us), you'll want to ensure that everything is in order, tax-wise -- and that you'll be able to take advantage of as many potential tax deductions as possible.

Consider the following seven tips for your year-end "to-do" list:

  • Get assistance. If you don't already have one, you may want to look into hiring a certified public accountant who can look things over for you. But there are certain situations when you'll need a good tax lawyer, not a CPA.
  • Throw a holiday party. Did you know that holiday parties provided for your employees can potentially be up to 100 percent tax-deductible? Also, parties for clients and associates may be 50 percent deductible. These deductions are subject to many rules, of course.
  • Donate to charity. There's no better way to celebrate the holidays and get a nice tax deduction for your business than by making a charitable contribution. Of course, remember that not all charitable donations are tax deductible -- they must meet specific criteria.
  • Set up a retirement plan. If you are a sole proprietor or self-employed, you may want to think about setting up a retirement fund of some sort before the year ends. There may still be time to max out your contributions so that you can lower your taxable income.
  • Classify your workers correctly. Don't forget that it's crucial that you don't misclassify your workers. There are certain key factors that determine whether a worker is an employee or an independent contractor. This could cost you if you aren't careful.
  • Keep good records. Make sure you're keeping good records of all relevant, tax-related documents for the year. This includes a record of all expenses, like receipts, for the many possible write-offs that your business may be qualified for.
  • Consult with an attorney. Feeling overwhelmed? Sure, April 15 is months away, but it may be wise to consult an experienced tax attorney now, to relieve some of that holiday stress.

Source: FindLaw

Deck the Halls with Tissues and Allergy Meds

November 7, 2013 8:00 pm

(BPT) - Whether you live near or far, returning home for the holidays can be a nostalgic time. But for those with allergies and asthma, celebrating the season with family and friends can be anything but enjoyable.

"Stress from the holidays, traveling and briefly staying in a new environment can weaken your immune system," says allergist Dr. James Sublett, chair of the American College of Allergy, Asthma and Immunology (ACAAI) Indoor Environment Committee. "Being in these different situations can also mean coming in contact with allergens that can spur sudden allergy and asthma attacks."

To help deck the halls with holiday cheer instead of tissues and allergy medications, the ACAAI has put together the following tips to help you understand what can trigger your symptoms when returning home for the holidays.

  • Allergies are coming to town - Even if you've never before had a problem with your grandma's cat, you may find yourself suddenly sneezing and wheezing. These sudden symptoms are known as the Thanksgiving Effect, which earned its name after visiting relatives and college students, heading home for holiday breaks, suddenly noticed an allergic reaction to their pet. Allergies can strike at any age, meaning being a houseguest in a pet's home can be bothersome. If you notice you are having an allergic reaction, ask the host to keep the pet away from where you will be sleeping. Be sure to take your allergy medications and wash your hands immediately after petting your new furry friend.
  • Pass the sneezy pudding - Festive feasts are a staple of this time of year, but they can contain several health hazards if you have a food allergy. Be sure to check ingredient labels and don't be afraid to ask your loved ones how the meal was prepared. Items like stuffing can contain shellfish and holiday sauces can often have peanuts or tree nuts included.
  • Oh Christmas tree, how sappy are your branches - If you find yourself sneezing around the Christmas tree, wreaths and garland, you might be allergic to terpene. Naturally produced by plants, terpene can be found in oil and sap. Poinsettia plants can also be a problem for those with a latex allergy. Other decorations, such as menorahs and ornaments might be laden with dust from being stored in an attic all year, irritating those with a dust mite allergy.
  • Make a list and check it twice - Before you travel home for the holidays, pack wisely. Be sure you take along allergy medications, an inhaler and allergist-prescribed epinephrine if you are at risk for a severe allergic reaction known as anaphylaxis. If you rely on immunotherapy (allergy shots) for relief, be sure to schedule an appointment with your allergist before you leave.

Allergies and asthma shouldn't put a damper on holiday celebrations. Before you set out to visit with friends and relatives this season, check out smoke and pet-free hotels in the area just in case you need a new place to stay.


Q: Can I refinance a home loan more than once?

November 7, 2013 8:00 pm

A: You most certainly can. During the most recent refinancing boom, for example, many homeowners refinanced their home loans two or three times within relatively short periods of time because interest rates kept treading downward, making it extremely attractive to trade in one loan for another.

Just remember that refinancing is basically like applying for a mortgage all over again. Each time you refinance, you will still have to go through the application process, get a home appraisal, and likely incur closing costs. Also, if you have a pre-payment penalty clause in your present mortgage, you will have to pay that penalty if you refinance. So be certain that it is actually worth it for you to refinance.