Here are this week’s links to a few good stories that we found and selected because we feel they might add valuable insights and perspectives for small to medium size businesses.
- In an effort to boost revenues, many states have opted for some business services to be included in their list of items subject to that state’s sales tax. Last month, the Massachusetts legislature passed a bill that now requires companies who provide IT services to charge their clients the Massachusetts sales tax rate of 6.25%. Jon Chesto, writing for the Boston Business Journal, speaks to one local firm’s frustration and the possibility of relocating his business out of state. If your firm offers IT services and you don’t know about this new law, you should. To learn more, see what the Association of Corporate Counsel has to say in Lexology.com.
- Speaking of IT, we found an article by Alexandra Mondalek written for the Business Insider very timely. In Technology Is Helping Small Businesses Compete With The Big Dogs, she demonstrates how IT helps small businesses compete. Since Genesis has a similar mission to support small business, we strongly agree!
- Finally, many American companies are looking to expand into markets outside of the United States. In response to this increasing demand, Genesis now supports US firms with employees in the European Union. We often speak of the complexity of the changes here in the United States in the health care delivery system with the advent of the Patient Protection and Affordable Care Act (PPACA), but for those with employees in other countries, employer compliance takes on a whole new meaning. For a birds-eye view of how other countries administer health care, check out the information posted by Truecostblog.com.