A restaurant worker at a May 26, 2021 “Wage Strike" demonstration organized by One Fair Wage in Washington, D.C.Anna Moneymaker | Getty Images News | Getty ImagesThe coronavirus crisis has cast new attention on wages and income.It's been 12 years since the last federal minimum wage increase, and...
Supporting a family while your spouse is active duty in the military isn't easy. Since military families typically relocate every two to three years, spouses find themselves constantly on the move, which makes it difficult to hold a steady job and pursue a career."You never know what's going...
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing for Deputy Treasury Secretary nominee Adewale Adeyemo on Feb. 23, 2021.Greg Nash | Pool | ReutersSenate Finance Committee Chairman Ron Wyden, D-Ore., on Tuesday released a bill to overhaul a controversial deduction for certain businesses, which...
Cecilie Arcurs | Getty ImagesA growing number of states are offering pass-through business owners a workaround for the $10,000 federal deduction limit for state and local taxes, known as SALT.A controversial part of Republicans' 2017 tax overhaul, the SALT write-off cap is costly for filers who itemize deductions...
Samuel Corum | Getty Images News | Getty ImagesA newly unveiled Senate infrastructure measure would end a pandemic-era tax break for businesses three months early in order to raise funding.Certain businesses are currently able to claim a refundable payroll tax credit — the employee retention credit — on...
Former Sen. Heidi Heitkamp, one of the Democratic Party's leading voices on tax policy, said President Joe Biden's proposal to tax appreciated assets upon death would hurt family farms and family-owned businesses."I'm trying to sound the alarm, both economically and politically, for Democrats that this is not a...
Ting Shen/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau proposed a rule Wednesday to raise transparency around loans for small businesses.If finalized, the federal agency's rule would require lenders to collect and report more data about credit applications from small businesses, including demographic and pricing data and reasons...
Michael Lee | Moment | Getty ImagesThere were fewer small businesses open and hourly employees working in August relative to July, indicating that the Covid-19 delta variant may be dampening the U.S. economic recovery, according to data from Homebase, which supplies employee scheduling software to employers.The number of...
Deciding if and when to expand a business isn't an easy task.When partners disagree, it also adds some tension into the mix, especially if they are married.For Chris and Emily Elias, it was a debate over whether to broaden their existing mobile dog-grooming business, Massapequa, New York-based The...
To mandate, or not to mandate?That's the question facing down restaurant owners and operators during one of the most challenging hiring environments in decades. The Food and Drug Administration approved Pfizer and BioNTech's Covid-19 vaccine on Monday, opening the door for workplaces to opt to require workers to...