It grew so big it had to move to Sanford Airport. Last year that event, the Maine Jet Rally, drew in excess of 18,000, said Mike Fasulo, who co-owns a hobby shop in Falmouth devoted to the pastime. “Everyone in Germany never thought we’d draw more than theirs, especially in Maine. But it draws from Ohio, New York and Canada,” Fasulo said. Mostly, these participants enjoy getting together and flying advanced electric model planes for the skill and discipline involved.
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MONEY: Hobby Lobby to celebrate grand opening of Sierra Vista store
The Oklahoma City-based arts-and-crafts chain argues that businesses — and not just the currently exempted religious group — should be allowed to seek exception from that part of the health law if it violates their religious beliefs. Sotomayor refuses to block morning-after-pill rule “They ought to be able, just like a church, just like a charity, to have click the right to opt out of a provision that infringes on their religious beliefs,” said Kyle Duncan, who will argue before the 10th U.S. Circuit Court of Appeals on behalf of the Green family, the founders of Hobby Lobby Stores Inc. and a sister company, Christian booksellers Mardel Inc.
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Paul Pahoresky: Is it just a hobby or is it a business?
In order to educate taxpayers the IRS has put forth specific rules to help explain the classification of an activity as a business and what tax deduction limitations exist if the activity is not a business. Incorrect deduction of hobby expenses can expose the taxpayer under audit to back taxes, penalties and interest, and ultimately costs the government billions of dollars in tax receipts. The general rule of thumb for the deduction of expenses through a business is that all ordinary and necessary expenses may be deducted in relation to conducting a trade or business. An ordinary expense is one that is considered common and accepted in the taxpayer’s trade or business.
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Hobby Lobby challenges birth control coverage
9 at 9 a.m. Matthew Dominguez is the store manager of the 54,000 square-foot building, formerly occupied by Wal-Mart, located on North Highway 90 Bypass & East Charleston Road in the Plaza VistaMall. The storeas grand opening and ribbon-cutting ceremony is open to the public. Local dignitaries, ambassadors wholesale beads from the Greater Sierra Vista Area Chamber of Commerce, and other business leaders will be on-hand to help with thecelebration. aShopping at Hobby Lobby is a truly unique and unrivalled experience.
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A Mommy Story 