Blog

  • 1099s Still a Go for All Business Transactions

    Congress has returned from its August and recess and wasted no time getting down to business.  Yesterday, the Senate cleared a hurdle to pass It’s Mini-Tarp, aka the Small Business Bill.  After the cloture vote passed, the Republicans could not stop it.  They then turned their attention to amendments to the bill. One issue they tried to tackle was to to ease…

    ...

  • Backtracking on 1099 Reporting Requirements

    Last week Heather M. Rotham published an article Congress Urged to Scrap New Form 1099 Reporting Requirements, in whcih she outlines why it is not a given that new 1099 reporting requirements will go into effect.  Previously we did a post here and here on the new 1099 reporting requiremnts. In her article, Heather outlines the action the US…

    ...

  • Why HR Policies Matter

    The court granted final approval to an $85-million settlement in a wage and hour lawsuit against Wal-Mart brought about by employees.  This settlement is one of the largest wage-and-hour class suits in the US history and was brought about because of poor practices, procedures and policies by Wal-Mart. The crux of the lawsuit, was that…

    ...

  • Taxes and Rule of Unintended Consequences, Tiger Woods and the Ryder Cup

    Over the past year we have had massive new legislation and spending bills passed.  Everything from, health care reform, to an extensive financial reform package and massive spending bills have been passed.  Every bill passed includes changes to the tax codes and imposes new laws.  Whenever something is passed there is a projection of how the new…

    ...