Corporate Aviation Responding in Emergencies (C.A.R.E.) When the earthquake struck Haiti, the National Business Aviation Association immediately took flight. Its membership volunteered to take part in a unified effort to bring life-saving specialists and supplies to impacted areas and transport victims to medical centers for treatment. Corporate Aviation Responding in Emergencies (C.A.R.E.), an independent group… Read more »

The Senate this afternoon voted to pass HR 4 by an overwhelming margin and for the first time sent a 1099 reporting requirement repeal to the President’s desk.  HR 4, sponsored by Congressman Dan Lungren (CA-3) and a bipartisan list of members of Congress, repealed the expanded 1099 reporting requirements contained in last year’s health… Read more »

The 1099 nightmare could be one step closer to being over today. The Senate is scheduled to consider HR 4 today and hold two votes on that bill.  HR 4 would repeal both the expanded 1099 reporting contained in the PPACA and the small business bills, with the offset coming from changes to the new… Read more »

Tax-exempt organizations could be missing out on billions of dollars in payroll tax credits offered through the Hiring Incentives to Restore Employment (HIRE) Act, according to the Bureau of National Affairs (BNA). The HIRE Act provides for a retroactive payroll tax exemption for corporate and nonprofit employers that hire workers who had previously been unemployed… Read more »