" and a "6-Year Rule" respectively for maintaining business and ERISA records. Both may be guidelines, but not the practical side of record retention. That's the topic of my recent post over at my other blog home, Slate's BizBox blog for small business. Here's a link to Hang On To Your Records.
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Business and ERISA record retention myths
http://www.retirementplanblog.com/-401k-plans-business-... -
Our Nation’s Ball-less Wonders
http://stocksgoupstocksgodown.wordpress.com/2009/07/02/...on our financial industry’s regulators, which I have referred to as Our Nation’s Ball-less Wonders (what can I say, I’m colorful!). I especially want to look at how they have dealt with and will now deal with community banks. Clearly they needed to close the AIG loophole and the obvious fall guy was the OTS. And of course the large banks got what they wanted (lax regulation irrespective of what Geithner says).
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States, Strapped for Cash, Ramp Up Employment Classification Audits
http://lawprofessors.typepad.com/laborprof_blog/2009/06...ctor? The legal distinction between the two often is clear as mud, but the consequence for guessing "independent contractor" when the answer is "employee" can be a huge bill to employers for back wages (especially overtime) and back taxes. Jerry Kalish writes in BizBox:
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Stocks Go Up. Stocks Go Down.
http://stocksgoupstocksgodown.wordpress.comYeah, because they can’t afford the simple necessities in life. Likfe decent healthcare: Daily Dose flags an important new study from the Department of Health and Human Services. It found that health-care costs are rising dramatically, and across-the-board: deductibles, co-payments, and out-of-pocket expenses are all up.
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You say "independent contractor", they say "employee"
http://www.retirementplanblog.com/posts-on-slate-you-sa...plans. I cover the same issue today in my other blog home, Slate's BizBox Blog, but this time it's about stepped up enforcement by the states for income tax withholdings and employment taxes. No doubt because of the economy. You can read about it here.
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