Act 105, Session Laws of Hawaii, 2011 – suspends various excise tax deductions and exemptions, including deductions available to sublessors of real estate and deductions available to contractors.

From July 1, 2011 through June 30, 2013, sublessors will not be able to deduct amounts paid to a lessor from rental income received from a sublessee.   Since many subleases allow excise taxes to be passed through to the sublessee, this law will effectively increase the taxes paid by many sublessees. Similarly, during the ...
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June 17th, 2011 in Updates by adminReadmore » No Comments »

USDOL Launches iPhone App To Help Employees Track Hours – May 9, 2011

The US Department of Labor launched a free application for iPhones to help employees independently track the hours they work.  The Department issued a new release about the application:  http://www.dol.gov/opa/media/press/whd/WHD20110686.htm. The new application is significant, the release says, because instead of relying...
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May 10th, 2011 in Updates by adminReadmore » Comments Off

Precautions for Social Media in the Workplace – May 9, 2011

 Many applicants and employees use social media like Facebook, LinkedIn and/or Twitter.  Employers should take some precautions in response to this development. Applicants: Using social media can help employers screen applicants. Social media often contains information that most employers may not use in making hiring deci...
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May 9th, 2011 in Updates by adminReadmore » Comments Off
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