December 11, 2017 11:11 am Last modified: 11:50 pm

St. Thomas business

ICMC’s Richard J. Stephenson Donates $5 Million for USVI Recovery Through CFVI

Stephenson, founder and chairman of ICMC on St. Thomas, International Private Bank (IPB) on St. Croix and Cancer Treatment Centers of America® (CTCA), is partnering with CFVI in launching HelpUSVINow! to aid in the recovery of the USVI from the unprecedented ravages of the two storms.
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Potter Announces Maximum Fee a Public Adjuster May Charge Residential Insureds

Lt. Gov. Osbert E. Potter, who is also the territory’s commissioner of insurance, informs public adjusters and residential property owners that rules and regulations governing the actions of public adjusters in the territory.
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SBA Approves Over $1 Million Disaster Loans; Customer Service Reps Available to Assist Survivors

SBA Customer Service Representatives are at FEMA’s Disaster Recovery Center to issue loan applications, answer questions and help individuals complete their applications.
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SBA Disaster Assistance Available to USVI Private Non-Profit Organizations Affected by Hurricanes

Examples of eligible non-critical private non-profit (PNP) organizations include but are not limited to: food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.
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Banco Popular Schedules Operation Hours for Oct. 7-10

Banco Popular gives schedule of operations during October 7-10 on St. Thomas, St. Croix and Tortola.
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U.S. Concrete Continues Hurricane Relief by Sending Generators and Needed Items to USVI Employees

U.S. Concrete is furthering its hurricane relief efforts to support affected employees in the U.S. Virgin Islands who are employed by the Company’s two Virgin Islands-based, wholly owned subsidiaries.
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IRS Allows Filing Extensions for Victims of Hurricanes Irma, Maria

Taxpayers who have a valid extension and are in or affected by a federally declared disaster area may be allowed more time to file. Currently, taxpayers impacted by Hurricanes Harvey, Irma and Maria qualify for this relief. See the disaster relief page on www.IRS.gov for details.
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U.S. Virgin Islanders Urged to Return SBA Loan Packets

Virgin Islands survivors of Hurricane Irma or Hurricane Maria who apply for disaster assistance from the Federal Emergency Management Agency may be contacted by the U.S. Small Business Administration (SBA).
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IRS Provides Tax Relief to Residents of Puerto Rico and the Virgin Islands

The relief extends the usual 14-day absence period to 117 days, beginning Sept. 6 and ending Dec. 31, for the presence test for residency under the tax rules.
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Renters in U.S. Virgin Islands Urged to Apply for FEMA Assistance

Renters may be eligible for grants from FEMA to help with disaster-related expenses. They may qualify for a low-interest SBA loan of up to $40,000 to repair or replace personal property.
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