You’ve probably heard about the California Space Center Project championed by the California Space Authority, a long-time YPP client. They have great news in procuring the property lease from the Air Force for the 71 acre lot just outside the gates at Vandenberg AFB. This giant step forward means this project…
Questions and Answers regarding the Small Business Health Tax Credit How does a business determine if they are eligible for the Small Business Tax Credit? Answer: It is a lot more complicated than just counting noses. There is first a formula that a client must use to determine whether they…
The provisions of the new healthcare reform law take effect over several years. The following is a summary of the most important provisions of the Patient Protection and Affordable Care Act (PPACA) as amended by the Health Care and Education Reconciliation Act of 2010 (HCERA) arranged by the year during…
The Hiring Incentives to Restore Employment (HIRE) Act (H.R. 2847) has two major job creation incentives that are outlined below. The following are key elements: Payroll Tax Forgiveness- The 6.2% OASDI Social Security tax liability is lifted for “qualified employees” for any 2010 period starting after enactment of the legislation.…
Summer is a time we see more clients hire minors. Before you do so, be sure that you understand the special regulations applicable so you don’t expose yourself and company to civil and/or criminal penalties. Civil penalties can range from $500 to $10,000 per violation, depending on the Class of…
