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The State of Utah has enacted a new bill concerning the selling and storing of alcoholic beverages. The bill, which is named SB 314, requires individuals who store, sell or supply alcoholic beverages as a reception center (companies that lease their property to third parties for hosting events) to obtain a $10,000 surety bond. SB 314 also adds a “beer only” alcohol license requirement for restaurants. In order to obtain the license, a $5,000 surety bond must be acquired.

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-Shareholders full legal name, SS #, address, ownership percentage and basis at the end of last year.

-The amount of deprecation taken in prior years.

-The original purchase price/tax basis of the property including any assignment of value to land and the date the property was placed into service.

Very Sincerely Yours, John C. Dillard, CPA, President

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Here at Credit Karma, we value our members’ security above all else.

We recognize that consumers are concerned about their safety and the safety of their personal information, which is why we take every measure to ensure security.

Here are five reasons why Credit Karma is safe to use and how it can actually help protect your identity.

Serious security precautions

Every inch of Credit Karmas secure data center is monitored by trained security personnel around the clock. Several layers of authentication are required just to get in the front door, not to mention actually seeing a server on the PCI-DSS and SAS-70 Type II certified data center floor. We use bank-level encryption and industry-standard information security practices to secure our data. Our security standards have stood up to audits by some of the nation’s biggest banks and credit bureaus.

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When you successfully create an account with Credit Karma, you’ll get your free credit scores, see the factors that influence them, receive personalized savings recommendations, see information on your various credit lines, and more. One t

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In a move to increase their financial standing (and to get the FHA back into required capital requirements), on Monday, HUD announced their anticipated increases in the premiums they charge borrowers. Simply stated, the cost of borrowing is going up.

FHA loans, by design, are more liberal in their underwriting guidelines than most conventional loan products (in terms of credit, income ratios, required investment from the borrower, and maximum loan amount). HUD is not a lender. Rather, it is a federally-insured insurance company. They insure lenders against default on loans underwritten in compliance with their published guidelines. It is because of this insurance that lenders approve and close loans with more liberal guidelines.

As an insurance company, HUD charges two types of premiums on the FHA mortgages:

• The UFMIP (Up Front Mortgage Insurance Premium) will be raised effective April 1, 2012 from its current 1% to 1.75%. One advantage to the UFMIP is the fact that it is typically built into the loan amount and does not require additional cash outlay at closing. H

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Tags: Increase, Increase Costs

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It is with great sadness that I report that UCSD Economics Professor Hal White passed away Saturday morning after an extended struggle with cancer. He was an irreplaceable colleague and dear friend, and we will miss him greatly.

Hal was one of the world’s leading econometricians. One of his core beliefs was that the models and assumptions that we bring to the data are inevitably flawed and misspecified in some way. It might seem that if you believe that, there’s no hope in trying to do econometrics. But some of Hal’s most remarkable discoveries concerned how to form valid inference even if part of what you assumed was fundamentally wrong.

An example arises in ordinary regression analysis, in which a common assumption is that the variance of the regression model’s error is the same for all observations. Suppose that assumption is wrong, and instead the variance depends in an unknown way on the various explanatory variables.

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