Archive for May, 2010
Get Summer Help at No Cost
The Georgetown Chamber of Commerce reported in this week’s Chamber Link that Workforce Solutions is looking for businesses to train entry level youth participating in a summer work program. Workforce Solutions will provide entry level wages to youth based on individual jobsite positions. They will also pay the cost of Worker’s Compensation Insurance. Business will: Provide job training and supervision based on entry level job description; Maintain time and attendance records for youth’s wage payments; and Communicate with Workforce Solutions on youth’s progress.
For additional information contact: J.R. Alavrez at 512-244-2207×1027 or claro.alvarez@ruralcapital.net
IRS issues Forms, Instructions for HIRE Act Employer Tax Incentives
Social Security Tax Exemption
There are new tax benefits for employers in 2010 from the Hiring Incentives to Restore Employment (HIRE) Act. Qualifying employers have an exemption on their matching share of the 6.2% social security tax paid to qualifying employees effective on wages paid from March 19, 2010 through December 31, 2010. This exemption is claimed on form 941 beginning with the quarter ending June 30, 2010.
Weights and Measures – Methods of Sale
You have a great idea for a retail business. You do a business plan, secure financing, find a location, buy inventory, hire employees, and open the doors. By what method do you sell your commodity? How must it be labeled?
It’s easy to run afoul of regulations you didn’t know existed and didn’t know applied. A piece of ready to eat candy, a donut, a beverage, a piece of meat, clothing, a length of silver chain, all these commodities have regulations for packaging, labeling and methods of sale. Is it sold by weight (gram, pound, ton), measure (foot, square yard, meter), or unit (piece, pair, dozen), etc? This defines the method of sale.
