Obama's 2014 budget has provisions that would increase minimum wage, increase Federal unemployment insurance taxes, and modify reporting requirements. Business owners should take note. As he has in the past, Obama proposed an increase in the federal minimum wage to $9 an hour from $7.25 an hour. The wage would rise to $9 an hour [...]

Payroll information and the maintenance thereof is going to be critical as companies strive to understand and meet the requirements of the Affordable Care Act (ACA). The ACA's "play or pay" requirement, or what is formally known as the shared responsibility provision, goes into effect Jan 2014. Failure to comply can result in $2,000 to [...]

Business owners are becoming more and more aware of the Affordable Care Act, or ObamaCare,  health plan that is soon to be fully implemented in 2014. This is particularly true for small business owners as more and more details of the Plan become transparent and they become aware of the plans associated costs and the [...]