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Now is the time to purchase fixed assets
May 8th, 2009

Time has not yet run out on the opportunity to take advantage of the 50-percent first-year, or bonus, depreciation for most new MACRS property and certain leasehold improvements placed in service before Jan. 1, 2010. Please note that the payment date does not determine the date placed in service.

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Cafeteria plans good for employees, business

May 8th, 2009

Some business owners may require their employees to pay, on an after-tax basis, a portion of the cost of their health insurance coverage under the company’s health insurance plans. If so, then we strongly recommend implementing a Cafeteria Benefit Plan. A cafeteria plan can be an important feature in your employee benefits package to help attract and retain employees as well as reducing your employer FICA liability.

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‘Card check’ legislation: Boon for union, bust for business

April 6th, 2009

The U.S. Senate is taking up the Employee Free Choice Act (H.R. 800/S. 1041), also known as “card check” legislation. The House of Representatives passed the bill already, but debate on the measure has been stalled in Senate. Card check legislation could significantly impact the ability of unions to organize companies. Recent reports state that key Democrats, who strongly favor the bill, are working to reopen the debate.

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