Extended tax return deadline approaching The Internal...

Extended tax return deadline approaching

The Internal Revenue Service is reminding taxpayers who requested

a four-month extension to file 2003 federal income tax returns that

the extended deadline is Aug. 16.

If taxes are not filed by that deadline, a late penalty of 5% a

month of the unpaid tax will be charged, but those with special

circumstances can request an additional two-month extension by

completing Form 2688 by Aug. 16.

Those who requested the initial extension can still file

electronically using tax-preparation software, the IRS free-file

program or an authorized “e-file” provider. Information on the

free-file program and Form 2688 can be found at https://www.irs.gov.

State approval cuts into Hoag healthcare plan

The state Department of Managed Health Care on Friday approved a

plan by Blue Shield to drop hospitals, including Hoag Hospital, from

the list of facilities people insured under the CALPERS Blue Shield

health maintenance organization can get care.

CALPERS officials have said the decision to drop some hospitals

from its network was an effort to control healthcare premiums.

CALPERS is the state’s public employees retirement system.

Hoag was among 25 hospitals that will be cut from the network. The

health plan changes become effective in 2005. In Orange County,

21,000 CALPERS members use the Blue Shield HMO, and 2,400 of those

are served by the Greater Newport Physicians Group, which includes

doctors who work out of Hoag Hospital or refer patients there.

Developer appoints new vice presidents

The Irvine Co. announced it has promoted Group Senior Vice

President of Entitlement and Affairs Daniel Young to the position of

executive vice president of that department. Young is a Santa Ana

city councilman and former real estate developer and consultant who

has been with the company since 1999.

The company also named Kathleen Freed senior vice president of

corporate communications. She joined the Irvine Co. in 2000. Freed

will handle the company’s entitlement and internal communications and

media relations.

Leslie Corea was promoted to senior vice president of finance and

administration. She will work with reporting, planning and special

projects with the company’s investment properties group. Corea has

worked for the Irvine Co. since 2000.