JULY 22, 2015

IRS offers penalty relief regarding retirement plan returns

PHOENIX – The Internal Revenue Service is encouraging eligible small businesses that did not file certain retirement plan returns to take advantage of a low-cost penalty relief program enabling them to quickly come back into compliance.

The program is designed to help small businesses that may have been unaware of the reporting requirements that apply to their retirement plans.

JULY 22, 2015

New Federal rule would make it harder for job creators to create jobs

'The argument that the new regulation will help workers is as phony as the improving unemployment figures the government provides weekly'

WASHINGTON, DC – While the nation prepared for the celebration of the nation's 239th birthday, President Obama proposed "a new way to stymie job creation and economic growth," Dan Weber, president of the Association of Mature American Citizens.

Mr. Obama announced a new overtime pay regulation that will "burden the nation's most important job creators - America's small businesses - with yet another regulation that can only impair opportunities for workers to achieve adequate employment. Some put the cost of compliance at more than $9.5 billion a year," Weber said.

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