Business briefs, Oct. 24-27
Chamber/Bureau to hold fall forum
The Park City Chamber/Bureau is set to hold its annual Tourism Industry Fall Forum for members. According to the Chamber/Bureau’s website, visitparkcity.com, the event focuses on the upcoming winter season and the skiing and tourism trends that will affect Park City. The forum will be held Nov. 5 at Stein Eriksen Lodge, from 11 a.m. to 1:30 p.m. Admission is $32 if registered by Nov. 4, and $45 on the day of the event. For more information, go to visitparkcity.com.
Businesses must file taxes electronically
Businesses in Utah should begin preparing to be compliant with a new state law that requires they file their "state annual withholding reconciliations including W-2 and 1099 forms" electronically by Jan. 31, 2016. Charlie Roberts, spokesman for the Utah State Tax Commission said in the release that the new filing method will be a big shift for many businesses in Utah. Of the about 80,000 businesses in Utah, only about 20,000 filed electronically in 2015. The release states that, "The new law also prohibits the Tax Commission from issuing income tax refunds before March 1, unless both the employer and the employee have filed all required returns and forms." For more information, visit tax.utah.gov.
Berkshire Hathaway welcomes new addition
Lance May & Tridestin Group has joined Berkshire Hathaway HomeServices Utah Properties. According to a press release, Tridestin Group currently represents more than $120 million in new developments and have sold out more than 60 projects over the past 20 years. "We are thrilled to welcome Lance May and the Tridestin Group, which have established themselves as true industry leaders," said Steve Roney, Chairman and CEO of Berkshire Hathaway HomeServices Utah Properties, in the release. "Lance and his team have been at the forefront of innovation, and we look forward to helping them advance their success."
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A study pegged the number of Sundance Film Festival attendees at 122,313, with the event generating an economic impact of $182.5 million. Both numbers represent a slight decrease from the 2018 festival.