Cheat Sheet Q & A:
Topic: Where can you find new Federal regulations?
The question: I have been trying to tell a friend of mine about the plethora of regulations this administration and congress has imposed on businesses. I can’t seem to find a definitive list of them anywhere to corroborate my claims. Do you possibly know of a (site) that is tracking these? I’d appreciate it if you could share it.
Bottom Line: First I can point you to the official Government website for regulations (yes there is one)… It’s: http://www.regulations.gov/#%21home;tab=search
Now I’ll provide some numbers:
It’s my view that many if not most companies are actually violation many newer regulations without knowledge they actually are. I’ve heard from local companies that they’ve only found out that they are in violation of new regs after inspections in which inspectors bring the new regulation to their attention.
The best course of action for many is to look up their industry on the regulation website to see if there are any key changes that may apply.
If you have a topic or question you’d like me to address email me: email@example.com
Inside healthcare reform decision:
Bottom Line: So the administration has decided to delay a key provision of the ACA (Affordable Care ACT) until 2015. That’s the mandate that all businesses with 50 or more employees must be fully reporting under ACA and provide insurance to their employees. It’s important to note that all individuals must be compliant by January 1st of 2014. This means that even if your employer doesn’t offer benefits for 2014 you must obtain your own policy or pay the tax.
I’m not terribly surprised by the decision, which I think is needed given the lack clarity and action taken thus far for businesses to be able to understand their options, exchanges and guidelines to be fully compliant. Just yesterday I shared an entry demonstrating that with less than 90 days until open enrollment; the official website still didn’t have basic information many businesses need.
Here are two key takeaways:
I’ll pick up on the second point. The law of the land as passed by Congress and signed into law by the President states that all components must occur as of
Aside from the philosophical side of this issue, businesses that will eventually be affected should take the additional time they have to understand what they will have to comply with so you can properly evaluate the best options for you in the future.
The difference in being able to own a home and not - student loan debt:
Bottom Line: A 20 year study of student loan debt has revealed and unexpected and provocative equation. Does college education that results in student loan debt allow one to achieve the “American Dream” of home ownership?
The census recently released the following that’s occurred over the last 20 years of student loan activity:
The last one sticks out doesn’t it? That wasn’t the point of the Census reveal but it brings up an important question. If ones goal is to obtain a degree for a career and a nice home… Well those may not go hand in hand. What we don’t know is why the rate of home ownership is so much lower. Is it that they were turned down for home loans? Adverse to wanting a
In any event it’s a provocative thought as many reevaluate the value of a college education as the cost has continue to spiral higher.
Job hunting on the go:
Bottom Line: LinkedIn’s new mobile app for Apple and Android based devices is helpful for the on the go job hunter. If you already had the app you should update it. If you didn’t but use LinkedIn you should download the app. Here are the new features:
It’s already the preeminent business social resource and now it’s much easier to job hunt and prospect on the go using it.