Employers using independent contractors are facing increasing risks. That's because the U.S. Labor Department, the IRS and many states have implemented new initiatives to search for employers who misclassify employees as independent contractors.
The latest example: President Obama's fiscal 2011 budget calls for hiring new federal investigators to help uncover improper classification cases. Here is a rundown of the new programs, as well as the steps employers can take to help protect themselves when engaging in independent contractor relationships.
Full Article
Email Firm
Full Newsletter 
A new jobs creation bill
President Obama just signed a new law that provides incentives for employers to hire and retain unemployed people. The "HIRE Act" also includes an extension of the large tax deduction qualified businesses could claim last year for buying equipment. In addition, the law makes the "Build America Bonds" program more attractive to investors. To help pay for the tax breaks, the law includes penalties on certain foreign tax compliance matters. Here is a rundown of the provisions in the new legislation.
There's a new tax-saving opportunity this year for affluent taxpayers. That's because the income limit for converting a traditional IRA to a Roth account has been eliminated. Here is a rundown of the new rules, as well as the advantages of converting and the factors you should consider before making a decision.
The Patient Protection and Affordable Care Act, which was just signed into law by President Obama, will significantly change the face of health care for employers and many individuals. In addition to virtually mandating health coverage for all citizens in the United States, the massive law includes significant tax changes. Many of the provisions do not become effective for two to four years. Here is a brief summary of what the legislation contains and when you and your company might be affected.
Save Article 
Navigating the murky waters of public property auctions can be risky. But with a solid plan, and nerves of steel, you can walk away a winner. Here's a primer on the ins and outs of property auctions.
One of the fastest ways to turn away customers is not to deliver what your sales staff promises. Here is a questionnaire to assess the effectiveness of your company's sales process.
You want to make your company's products and services as appealing as possible when advertising them. But be careful. There are expensive penalties when businesses go too far. Click "Full Article" for more information
