Beginning in February, the Internal Revenue Service (IRS) will begin to randomly audit an estimated 6,000 U.S. companies. As one of the agency's largest campaigns since 1984, the results of the audits are expected to generate revenues for the agency as well as provide statistical data on employer tax compliance.
According to a news statement issued by the U.S. Department of Labor on December 21, 2009, the program that offers insurance premium reductions to certain employees that were involuntarily terminated and their dependents (collectively known as assistance eligible individuals or AEIs) has been extended. The extension, which amends the American Recovery and Reinvestment Act of 2009 (ARRA), relates to the Consolidated Omnibus Budget Reconciliation Act (COBRA) and the 65 percent premium reduction that it offers to AEIs.
The Associated General Contractors of America (AGC) is the leading association for the construction industry. AGC represents more than 26,000 firms, including over 6,500 of America’s leading general contractors, and over 9,000 specialty-contracting firms. More than 10,500 service providers and suppliers are also associated with AGC, all through a nationwide network of chapters.
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