Much has been made about the Affordable Care Act and how it may continue to affect how small businesses offer health insurance to their employees. However, some small business owners may be missing out on tax deductions that they can claim for paying insurance premiums through their business. This may be especially important for self-employed individuals.
If you fly regularly for business, or are considering the purchase of an airline, chances are that seat size and legroom are thing that affect your air travel choices. As the airline industry has evolved, some carriers believe that customers will pay more to have additional leg room or wider seats. This has become especially prevalent among “low cost” carriers such as Jet Blue, Spirit and Frontier Airlines.
Earlier last month, the Department of Labor published a final rule that increases the salary limits for exempt employees.