Category Archives: Healthcare

New year will bring new laws and regulations for small businesses

In California, the new rules include limits on the ability of businesses to check the credit reports of workers and job seekers. Nationwide, tax deductions for equipment purchases will be sharply reduced.

Small-business owners will be greeted Jan. 1 with dozens of new laws and regulations.

In California, they will include new mandates concerning employees, including a partial ban on checking the credit reports of workers and job applicants.

And it’s no surprise that there are changes at the federal level too.

Here’s a guide to some of the new laws and regulations set to go into effect in 2012.

  • Federal Taxes changes
  • New federal accessibility¬† rules
  • New California laws

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Flexible spending account deadline near

In years past, depleting money in your health care flexible spending account before the end of the year was fairly straightforward. You made a midnight dash to the nearest 24-hour drugstore and bought enough cold medicine, ibuprofen and cough syrup to treat a year’s worth of allergies, hangovers and scratchy throats.

This year, though, that strategy won’t fly. You can still spend unused money in your flex account at the drugstore, but you’ll need to be more careful about what you buy.

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