Small businesses that reimburse employees for the cost of premiums for individual health insurance policies or pay their health costs directly will be fined up to $36,500 a year per employee under a new Internal Revenue Service regulation that takes effect July 1, 2015.
According to the notice, an employer arrangement that reimburses or pays for employee individual health premiums is considered to be a group health plan that is subject to the $100 per-employee per-day penalty. The penalty applies whether the reimbursement is considered a before-tax or after-tax contribution.
In response to Sen. Rand Paul’s efforts to pass “Audit the Fed” legislation, Richard Fisher, outgoing president of the Federal Reserve Bank of Dallas, lashed out at the Kentucky senator last week. In an interview with The Hill, Fisher asked “Who in their right mind would ask the Congress of the United States – who can’t cobble together a fiscal policy – to assume control of monetary policy?”
A short time ago while addressing a CEO roundtable and Business Forum in Tanzania, President Barack H. Obama, told reporters and attendees that today’s Tea Party members in the United States very closely fit the U.S. government’s profile for domestic terrorists. The President’s response came after a Tanzania businessman asked if civil unrest in the U.S. is likely to affect doing business with American companies.
Monroe, LA– West Monroe Police Officer Jody LeDoux plead not guilty at his arraignment on Thursday, for negligent homicide after shooting and killing homeless veteran, Raymond Keith Martinez, 51, in December.
On the evening of December 5, Martinez was attempting to go into a convenience store that he frequented. The store employees would often call the police to have him removed when he would ask people for spare change outside. The owner of the store alleges that on this evening, he told the victim that he could not come inside the store because he was intoxicated.
PROHIBITED: The Swedish flag has now been banned at a primary school in Sweden. The reason is that the flag may be offensive to certain groups and breaking the law "offensive against ethnic groups."
The sensational ban is introduced at Söndrum school in Halmstad. Use of the flag is now only allowed on the national day or when foreign students are invited.
In an internal letter to school students and their parents who were sent out just before Christmas, the school principal writes that "no other use of the Swedish flag is allowed", according to Nyheter idag.
Hungary's internet tax looks to be dead in the water. Tens of thousands of Hungarians took to the streets last weekend to protest the tax, which would have seen internet use charged per gigabyte transferred.
OTTAWA — Prime Minister Stephen Harper, speaking to Parliament Thursday one day after a gunman rampaged through the ornate building, said Canadians "will not run scared" and proposed tightening police and surveillance procedures to go after terrorists.
In a dramatic opening of the session, Kevin Vickers, the sergeant-at-arms who traditionally leads the MPs into the chamber, received a sustained and emotional round of applause for his quick action on Wednesday in fatally shooting the gunman.
A state judge has ordered the New York City Police Department to release records on a secretive program that uses unmarked vans equipped with X-ray machines to detect bombs.
The ruling follows a nearly three-year legal battle by ProPublica, which had requested police reports, training materials, contracts and any health and safety tests on the vans under the state’s Freedom of Information Law.
Eric Holder is reaping applause as his six-year reign as Attorney General comes to a close. But Holder's record is profoundly disappointing to anyone who expected the Obama administration to renounce the abuses of the previous administration. Instead, Holder championed a Nixonian-style legal philosophy that presumed that any action the president orders is legal.
Five years ago, the Philadelphia police thought that carrying Arabic-language flashcards was enough to warrant the arrest of an innocent traveler. A settlement reached today in a lawsuit I brought against the police department makes it clear that it is not.
Travelling by plane can be a long and grueling process under the best of circumstances. This makes it a good time for monotonous tasks, like trying to iron out some vocab for a language you're learning at college.
With the Affordable Care Act to start enrollment for its second year on Nov. 15, some unpleasant surprises may be in store for some.
That's because a number of low-priced Obamacare plans will raise their rates in 2015, making those options less affordable. On top of that, penalties for failing to secure a health-insurance plan will rise steeply next year, which could take a big bite out of some families' pocketbooks.