Small Business Job Protection Act Of 1996
- Small Business Job Protection Act Of 1996
An act of legislation that increased the minimum wage, simplified pension rules and adjusted taxes for small businesses. The act also made adjustments to S Corporation regulation, rules surrounding safe harbor provisions and rules governing worker employment status. It also simplified the administration and maintenance of 401(k) plans, with the aim of making more employers want to provide this type of retirement plan to its employees.
Besides increasing the minimum wage, the act significantly expanded the number of corporations that could take advantage of S Corporation elections, including the allowance of some banks and financial services firms to become this type of corporation.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Small business — Small businesses on Dalrymple Street in Greenock, Scotland A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned… … Wikipedia
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
Presidency of Bill Clinton — 42nd President of the United States In office January 20, 1993 – January 20, 2001 Vice President Albert Gore, Jr … Wikipedia
United States Department of Labor — Seal of the Department of Labor Agency overview Formed March 4, 1913 Headquarters … Wikipedia
JPA — Joint Powers Authority (Governmental » US Government) * Joint Powers Agency (Governmental » United Nations) * Joint Program Assessment (Governmental » Military) * Small Business Job Protection Act of 1996 (Community » Law) * Small Business Job… … Abbreviations dictionary
104th United States Congress — United States Capitol (2002) Duration: January 3, 1995 – January 3, 1997 Senate President: Al Gore (D) Senate Pres. pro tem … Wikipedia
Joe Scarborough — For the Sheffield painter, see Joe Scarborough (artist). Joe Scarborough Member of the U.S. House of Representatives from Florida s 1st district In office … Wikipedia
Salary Reduction Simplified Employee Pension Plan - SARSEP — A plan offered by small companies typically those with fewer than 25 employees that allows employees to make pretax contributions to their Individual Retirement Accounts (IRAs) through salary reduction. Prior to the widespread use of 401(k)s,… … Investment dictionary
Charles Joseph Scarborough — Joe Scarborough Charles Joseph Joe Scarborough (* 9. April 1963 in Atlanta, Georgia) ist ein US amerikanischer Politiker (Republikanische Partei) und Fernsehmoderator. Scarborough wurde bekannt als Abgeordneter des amerikanischen… … Deutsch Wikipedia
Joe Scarborough — Charles Joseph „Joe“ Scarborough (* 9. April 1963 in Atlanta, Georgia) ist ein US amerikanischer Politiker (Republikanische Partei) und Fernsehmoderator. Scarborough wurde bekannt als Abgeordneter des amerikanischen Repräsentantenhauses (1995… … Deutsch Wikipedia
