Regulations

//Regulations

Auto-IRA Programs for Small Businesses

On April 13, 2017, President Trump signed the Congressional Review Act (CRA) that bars city-run auto-IRA requirements for small businesses.  The Senate will also vote on a similar requirement for small businesses to participate in state-government IRA's.  Both would impact the Employee Retirement Income Security Act (ERISA) imposed requirements, under the Department of Labor (DOL) regulations. [...]

SCORE’s Live Webinar: Comply with Trends in Hiring laws

SCORE will be hosting another live webinar, for small business owners, on how to be compliant with hiring laws. Subject matter will include the latest trends in hiring-related legislation and how they might impact your business.  For example, the difference in hiring laws from state to state, pay equity laws, EEOC advice, and best practices, to name a [...]

Compensatory Time Off for Small Businesses

Recently, members of the Society for Human Resource Management (SHRM), submitted a proposal to Congress to amend the Fair Labor Standards Act by enacting the Working Families Flexibility Act. This bill would allow employers of large and small private-sector companies to offer time off instead of overtime pay. This article lists some pros and cons and gives additional [...]

How to End Harassment in Your Business

The Society for Human Resource Management (SHRM) provides information and updates on HR issues and policies. Chai Feldblum, Commissioner of the Equal Employment Opportunity Commission (EEOC), recently spoke at a SHRM conference, regarding harassment in the workplace. She provided four main checklists that every business owner should utilize, that include: leadership and accountability, anti-harassment policies, harassment [...]

April 12th, 2017|Information, Regulations, Resources, Small Business|

Small Business Owners Diliberate on Tax Reform

A number of small business owners are being affected by the current tax reform. According to them, the current tax code is penalizing both saving and risk-taking opportunities. This issue appears to be a barrier to American entrepreneurship. The U.S. House Small Business Committee Chairman, Mr. Steve Chabot, mentioned that the administration will be working on [...]

Government Red Tape: A Small Business Dilemma

A report received by economic policy experts announced that the health and potential growth of the small businesses community is being hurt due to overregulation. The U.S. House Small Business Subcommittee Chairman, Mr. Dave Brat, mentioned that reform bills such as the Regulatory Accountability Act and the Congressional Review Act are being introduced in order to resolve this issue. This article [...]

March 1st, 2017|House Small Biz Committee, News, Regulations|

Chairman Chabot Backs House Action to End the Small Business Blacklist

The U.S. House Small Business Committee Chairman, Steve Chabot, represented the small business community in one of the House's hearings at Washington, D.C. earlier this month. Chairman Chabot focused on H.J. Res. 37 in order to annul the "blacklisting" rule. This rule has caused obstacles for small businesses to obtain federal contracts. Interesting enough, there's been [...]