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Author Archives: Benton Alexander Smith

Benton Alexander Smith is a reporter for the Idaho Business Review, covering the Idaho Legislature, new business, technology and financial services.

Tax experts: Companies aren’t claiming valuable tax credits (access required)

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Congress broadened the requirements for the country’s Research and Development Tax Credit in 2015 to help small companies and startups save money on their payroll taxes and help pay for their projects, but most new tech companies in Idaho didn’t take advantage ...

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Idaho improves manufacturing grade, but trails neighbors in several key measures

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Idaho continues to improve the health of its manufacturing industries, but it still trails its neighbors in several key measures, according to a new report by Ball State University. Ball State University’s Center for Business and Economic Research publishes an annual ...

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Silicon Valley company Jelli plans for most of its staff to be in Idaho (access required)

The owners of a radio advertising company in San Mateo, Calif. are planning to house most of their in the company’s new Boise office. The Idaho Department of Commerce is giving the technology company Jelli a tax reimbursement incentive, or TRI, ...

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Recent bank closures don’t faze Idaho bankers (access required)

The United States is on track to see its most costly year of bank failures since 2012, but Idaho bankers aren’t worried. Two U.S. banks with at least $1 billion in assets have failed this year for the first time since ...

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Department of Finance seeks input on licensing

The Idaho Department of Finance is seeking comment from everyone who provides financial services as part of its review of its licensing requirements. The Department of Finance regulates individual mortgage loan originators, security sales agents, and investment advisers. These professionals must ...

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Boise app company looks for partnership with hotels

RelEVENT, an app that recommends events to users based on their preferences, is preparing to partner with hotels seeking to replace or augment their concierge services. “We have been having conversations with hotels across the region, working on taking our ...

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Texting while driving is costing us all (access required)

Auto insurance rates for most Americans have increased over the last five years because of texting, talking, and other device-related distractions, and Idaho is no exception. Accidents caused by distracted drivers and rising medical costs are forcing insurers to adjust ...

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Survey shows increasingly complex world of mobile payments

New online commerce options are making life easier for thieves and more difficult for retailers to protect themselves, according to a new survey about mobile payment. Kount, an electronic commerce security firm, conducts an annual survey on market changes. For ...

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