Two Senate bills to repeal the new 1099 reporting requirements are expected to be voted upon as early as next Monday.
This month, three major panels have released high-profile plans to reduce the federal deficit and balance the budget within the near future. While the press has focused on some of the more high-profile topics like raising taxes or defense spending, the plans, if implemented as written, would have an impact on nonprofits and nonprofit governance:… Read more »
Proposed and interim final rules issued yesterday by the Obama administration will now allow employers to change insurance plans and not lose their grandfathered status so long as they maintain current benefits, according to the Bureau of National Affairs. The rules will be published in Wednesday’s Federal Register. Prior to the new rules, employers could… Read more »
Senator Max Baucus (D-MT), chair of the Senate Finance Committee, pledged on Friday to introduce legislation that would repeal the expanded 1099 reporting requirement contained in the health care bill, according to the National Journal. The Patient Protection and Affordable Care Act (PPACA) contained a provision (passed by the Senate Finance Committee) that would expand… Read more »
According to a New York Times article Wednesday, the federal government could soon be issuing two sets of Internet privacy guidelines from two different agencies, both of which have different means of addressing online privacy issues. The Department of Commerce has said that it will soon issue a paper arguing for a private/public partnership on… Read more »