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Small Business News & Notes


The Impact of a Higher Minimum Wage

President Obama wants to raise the federal minimum wage from $7.25 to $9.00 by the end of 2015, and small businesses are once again in the middle of the debate.

HOT Issue Poll

Employee Opposition Protected From Discrimination


It is unlawful for an employer to discriminate against any of his employees because he has opposed anything made an unlawful employment practice by the law, or because he has participated in any manner in an investigation, proceeding, or hearing under the law. This Legal Memo reviews the US Supreme Court decision.

Legal Memos

Getting the Most Out of a Visit to the Specialist


In 2007, visits to medical specialists represented 22.2 percent of all physician office visits, while visits to surgical specialists accounted for 19.8 percent. Seeing a specialist costs more than seeing a primary care physician. A specialist also does not know your entire medical history like your primary care physician does. Here’s how to make a visit to the specialist worth your time and money.

Life and Health Insurance

Are Your Workers Independent Contractors or Employees


Do you hire independent contractors to help with business tasks? Are you sure those workers are independent contractors — or should you be treating them as employees?

Tax Tip of the Week

How Premium Support Could Change Medicare


As currently structured, Medicare spending could exceed $1 trillion annually and represent 4.2 percent of the gross domestic product by 2022, predicted the Congressional Budget Office. Leading contenders for the Republican presidential nomination and several legislative proposals have promoted “premium support” to control Medicare cost increases. What does this entail, and how could it affect Medicare coverage?

Life and Health Insurance

Pay Attention to Mortgage Loan Processing Fees


If you're planning to apply for a home loan, be sure to scrutinize the processing charges. By law, these costs must be disclosed to consumers. You'll first see them in a Good Faith Estimate (GFE), a statement of estimated costs that's filled out when you first apply for a home loan. At the end of the process, when you're sitting in the escrow office for the actual closing, the form will appear again. It will then include actual costs for processing and closing the transaction.

Financial Tip of the Month

Identity Theft Is A Major Tax Scam


Have you gotten a tax bill you weren't expecting based on income you never received? Has your return been rejected, or your refund delayed? These unanticipated incidents can indicate your tax identity has been stolen.

Tax Tip of the Week
   
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