Regulation

President Obama recently signed into law the Red Flag Program Clarification Act of 2010, which exempts health care providers, attorneys and certain other service providers from provisions of the Red Flags Rule to combat identity theft.

The start of the New Year ushers in a series of new regulatory, compliance and legislative changes that could potentially affect every small business.

The regulatory process to implement the Patient Protection and Affordable Care Act has initiated a government request for public comments on value-based insurance design (VBID).

The Internal Revenue Service recently released instructions to help employers implement the 2011 cut in payroll taxes that were included as part of the tax cut legislation passed by Congress, along with new income-tax withholding tables that employers will use during 2011.

In 2011 (for calendar year plans), changes made by the Patient Protection and Affordable Care Act will call into question the approaches to post-termination medical benefits for executives.

The Internal Revenue Service has released final guidance for small employers eligible to claim the new small business health care tax credit for the 2010 tax year.

The Patient Protection and Affordable Care Act and Reconciliation Act includes a provision that amends the Fair Labor Standards Act to require employers to provide nonexempt nursing mothers unpaid breaks to express breast milk in a private place other than a restroom for up to one year after the child's birth.

The Internal Revenue Service has published guidance relating to rollovers from 401(k) plans to designated Roth accounts in the same plan.

In the current global economy, many employers are faced with difficult questions regarding foreign transfers.

The Patient Protection and Affordable Care Act and Reconciliation Act includes a provision that amends the Fair Labor Standards Act to require employers to provide nonexempt nursing mothers unpaid breaks to express breast milk in a private place other than a restroom for up to one year after the child's birth.