SmallBusinessExecutiveInforming, Inspiring and Connecting Businesses
Health care reform could spur small firms to rely more on temps
By Pamela Villarreal and Peter Swanson National Center for Policy Analysis As the United States recovers from the 2008 recession, many consider any employment growth to be a good sign. But uncertainties about future tax and health care costs could be inhibiting permanent job growth, shifting more of the labor force to temporary and part-time [...]
At Care Team Connect, government regulation furthers entrepreneurial concept
By Ann Meyer – Leave it to entrepreneurs to create solutions to problem areas the government has stepped in to regulate. For Ben Albert, co-founder and chief executive at Evanston-based Care Team Connect, professional expertise in health systems coupled with personal experience helping to coordinate medical care for his grandfather from a distance spawned a [...]
Some employers to drop health insurance when exchanges launch
The advent of government-mandated insurance exchanges could spur some companies to drop insurance for their workers, according to an Associated Press report published in the Chicago Sun-Times. About 20 percent of companies responding to a July survey by benefits consulting firm Towers Watson said they were uncertain what benefits they would offer after 2014, when health insurance [...]
Appeals court strikes down individual mandate in health care reform
An appeals court in Atlanta today ruled the “individual mandate” in the Patient Protection and Affordable Care Act is unconstitutional, while upholding the rest of the health care reform law passed last year. With today’s decision by the 11th Circuit Court of Appeals, observers expect the U.S. Supreme Court to hear the case next year. [...]
News digest: Small business lending, HuffPost sale, new health care debate
Small business loans still lag. After months of economic uncertainty, some banks are eager to lend to businesses again, yet bank lending to small businesses continue to lag other loan types, the Wall Street Journal reported. In addition, more banks have eased loan terms over the past three months for large and mid-size firms than [...]
Obama’s address stresses innovation, jobs
By Ann Meyer – In a State of the Union speech Tuesday evening that emphasized the importance of innovation in job creation, President Barack Obama called on Americans to “think bigger” and try new ideas. He introduced Michigan brothers Gary and Robert Allen in the audience, who “reinvented themselves” by starting a roofing company. “That’s what [...]
Confusion persists over Health Care Reform
Confusing legislation and high costs have many small business owners unaware of possible tax credits for providing employees with insurance, experts say.
As Senate fails to repeal 1099 rule, opposition mounts
Small business groups are grumbling about the Senate’s failure to repeal a 1099 tax-filing rule that will create a mountain of paperwork when it takes effect in 2012. Under the provision, the nation’s 40 million small businesses would be required to file a 1099 in 2012 for vendors that they’ve bought more than $600 in [...]
