Congress failed to agree on a spending bill for the fiscal year starting October 1, 2013, resulting in the first government shutdown since 1995. According to the Congressional Research Service, this is the 18th time the [...]
The White House announced on July 2, 2013, that it would delay implementation of the Affordable Care Act's reporting requirements applicable to large and mid-sized employers and health insurers for one year. As a result, the [...]
In the recently released Notice 2013-14, the IRS provided a bit of relief for employers who wish to take advantage of the Work Opportunity Tax Credit (WOTC), which was retroactively extended by the American Taxpayer Relief [...]
If you like political drama, you're in luck. It seems like just yesterday the news was filled with references to the fiscal cliff. Now, coming to theaters everywhere, is "sequestration." Look for more political confrontation to [...]
The stock market caught everybody off-guard on Friday August 3rd; the S&P 500 index climbed 1.90% on news that the U.S. economy created 163,000 new jobs in July--about 60% more than economists were expecting. Or maybe [...]
I have been investing for 38 years. While many cycles have been less fun than others, the markets of recent memory rank as my least favorite. Information travels at the speed of light and public markets [...]
These days, as Congress debates the debt ceiling issue, Social Security is suddenly front page news again. If you want to see the lighter side of the debate, click here: http://www.youtube.com/watch?v=OAnI6y-xC84&feature=related. The first thing to understand [...]
In their February 7th issue, Bloomberg Businessweek ran an extensive article on youth unemployment, detailing its impact and problems and how it is driving political change throughout the world. http://www.businessweek.com/magazine/content/11_07/b4215058743638.htm As I read the article, what [...]
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, signed into law on December 17, 2010, is the end result of President Obama's compromise with the GOP to extend the "Bush tax cuts" [...]
In March of 2010, President Obama signed two pieces of legislation into law, implementing the most pervasive health-care reform since Medicare. Many of the reforms that relate to business and employers don't take effect until 2014. [...]
