Below is an overview of the key tax changes affecting business in the recently enacted Hiring Incentives to Restore Employment (HIRE) Act. The act was signed into law by the president on March 18, 2010. Read More
A major goal of the Affordable Care Act – the health insurance reform legislation President Obama signed into law on March 23 – is to put American consumers back in charge of their health coverage and care. Insurance companies often leave patients without coverage when they need it the most, causing them to put off needed care, compromising their health and driving up the cost of care when they get it. Too often, insurance companies put insurance company bureaucrats between you and your doctor. The Affordable Care Act cracks down on the some of the most egregious practices of the insurance industry while providing the stability and the flexibility that families and businesses need to make the choices that work best for them. Read More
The workers comp system was born in 1911 when nine states began adopting laws requiring companies to compensate workers for on-the-job injuries in exchange for workers generally giving up the right to sue. Read More
The income tax has long used itemized deductions to encourage activities such as homeownership and charitable giving. For more than three decades, the earned income tax credit has supplemented the wages of low earning workers… Read More
A Department of Labor proposal to educate employees on their rights could open up companies’ classification decisions to scrutiny by workers and the courts. Read more
In recognition of National Small Business Week, the Internal Revenue Service encourages small businesses to take advantage of tax-saving opportunities included in recently enacted federal legislation…Read More
SBA Administrator Karen Mills has written an open letter to small business owners across the United States explaining immediate benefits available to small businesses as part of the Affordable Care Act. Read more
WASHINGTON - U.S. Citizenship and Immigration Services (USCIS) announced today that it has redesigned the Permanent Resident Card – commonly known as the “Green Card” – to incorporate several major new security features. The Green Card redesign is the latest advance in USCIS’s ongoing efforts to deter immigration fraud. State-of-the-art technology incorporated into the new card prevents counterfeiting, obstructs tampering, and facilitates quick and accurate authentication. Beginning today, USCIS will issue all Green Cards in the new, more secure format. Read More
Companies Offering Pre-65 Retiree Medical Benefits Intend to Pursue Reimbursement but are Unsure How They Will Use Proceeds. Read More
This is another in a series of columns on “how much things cost.” This time, some metrics on the cost of employees. Read More
