As Congress was starting to debate its reconciliation bill in earnest back in March we wrote about a proposal to eliminate the tax exemption provisions for certain credit unions. Credit Unions’ tax-exempt status was established in The Federal Credit Union ...
Read MoreTags: "Taxes"
As part as of current budget reconciliation package, the U.S. Senate is currently considering a proposal to impose a 3.5% tax on personal money transfers sent abroad. The House of Representatives already approved the measure. While the measure is meant ...
Read MoreThe U.S. Chamber of Commerce is hosting events around Small Business Day today to kick off the start of Small Business month. Small businesses remain the economic engine of the United States. In fact, from 1995 to 2021, for example, ...
Read MoreOne of the ongoing conversation on Capitol Hill is the extension of the 2017 Tax Cuts & Jobs Act, including how to structure legislation so to “pay for” (as many describe it) the tax cuts. One revenue raiser that has ...
Read MoreThe Department of Labor has decided to push forward yet again on a federal regulation that would severely hamper the ability of millions of Americans to save for their retirement. Earlier this month the Department submitted a Notice of Proposed ...
Read MoreAs we’ve previously discussed, a federally mandated ‘ABC test’ for workers would eliminate worker choice by forcing individuals who identify as independent contractors to become employees. This reclassification mandate would strip away the flexibility of contract work and up heave ...
Read MoreHLF today released an in-depth analysis of the U.S. Department of Labor’s 2016 fiduciary rule—a regulation meant to help financial services consumers by seeking to legally ensure that advisors were acting in their customers’ best interest. But despite the ...
Read MoreHLF just finished a two week online ad campaign encouraging some of the Democrats in Congress who have shown a willingness to support small business. Congress is currently considering a myriad of extreme progressive bills and proposals that would raise ...
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