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Tag Archives: National Federation of Independent Businesses

EMV chip offers safe haven from credit, debit card counterfeiting

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By TED CARTER The EMV card era begins officially for the United States on Oct.1, making it the last developed country on Earth to adopt the new generation of payments processing. It’s a case of better late than never for U.S. banks and businesses that expect the European export to put counterfeit credit and debit card fraudsters out of business – ...

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IRS drops a bomb on small employers


» Annual tax would be $36,500 per worker for noncompliance with Obamacare By JACK WEATHERLY  Employers with fewer than 50 employees were promised a break by not having to provide group health insurance under the Affordable Care Act. But now the IRS has served notice that under the rule that has been in effect since July 1 such employers are ...

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After Blue Cross/hospitals dispute, insurance legislation moves forward

JACKSON — Insurers would have to accept any medical provider who meets contract terms into their network under a bill moving forward in the Mississippi House. The House Insurance Committee voted 7-6 yesterday to approve House Bill 553, with four members present but not voting. The measure comes after a dispute between Community Health Services, which owns 12 hospitals in ...

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Bill seeks to end accelerated sales tax system

Legislation that sits in the House and Ways and Means Committee would offer relief at the end of the state fiscal year for taxpayers who collect sales taxes. Currently, taxpayers who collect sales and use taxes — which encompasses almost all of the state’s small businesses — are allowed to remit them to the state no later than the 25th ...

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Jackson councilman pushes insurance requirement for convenience stores that sell alcoholic beverages

The liability insurance Jackson City Councilman Kenneth Stokes wants to require of convenience stores in the city that sell alcoholic beverages may make the premises safer from mishaps such as slip-and-falls. But don’t look for it to lessen the likelihood of violent incidents – or to even cover customers injured by violence, insurance professionals say. Ward 3’s Stokes has proposed ...

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