News of the business week to come
THIS COULD BE JUDGMENT DAY FOR ALLSTATE: The state's fourth-largest insurer has until 5 p.m. Monday to file a motion for a rehearing with a state appeals court. Allstate wants to stop or get overturned a court decision that gave regulators the authority to suspend the company from writing new policies in Florida. The ban would go into effect if the 1st District Court of Appeal denies Allstate's motion, or if the court grants the motion but again rules against Allstate. Current Allstate policyholders would not be affected by sanctions.
TAX DEADLINE DAY: Your income tax return — or Form 4868 requesting a six-month extension — needs to be submitted electronically or postmarked by midnight Tuesday. There's an extra incentive for filing on time this year; it means you'll get your rebate earlier than those who procrastinate.
WILL THEY TOSS IN THE TOWEL? The owners of Linens 'n Things are expected to decide as soon as Tuesday if they will file for Chapter 11 bankruptcy protection. The home decor and housewares retailer has been struggling under pressure from creditors. The Clifton, N.J., company, which operates five stores in the Tampa Bay area, is the second-largest home goods seller in the country.
BAY AREA BIZ AMONG FINALISTS: The U.S. Chamber of Commerce's Small Business of the Year Award will be announced Thursday at its Small Business Summit in Washington, D.C. Bayshore Solutions, a Tampa Web site developer, is one of the seven finalists. The company has made it through three rounds of nomination and elimination.
GOT A FINANCIAL QUESTION? Florida CPAs are celebrating "Financial Fitness Friday" by answering questions from the public for free. CPA volunteers will take calls between 9 a.m. and 5 p.m. Friday through a toll-free hotline at 1-800-342-3197, ext. 554.
WATCH FOR JOBLESS NUMBERS: On Friday, Florida's Agency for Workforce Innovation will report the state's unemployment rate for March. It edged up in February to 4.6 percent statewide and 4.8 percent in the Tampa Bay area. All signs point to an increase.