news: Manufacturers & Distributors
The launch of health care marketplaces under the Affordable Care Act (ACA) is just one of the many important developments that go into effect during the next year. New tax credits, recordkeeping requirements and waiting periods all require tax planning and diligence for manufacturers that already offer — or are planning to offer — health insurance policies to their employees. This article discusses options for small businesses in regard to public marketplaces, along with the option of private marketplaces for larger businesses. A sidebar discusses the ACA’s large-employer health insurance mandate, to begin in 2015.
Before investing thousands of dollars in converting to RFID tags and readers, distributors should consider whether bar coding — or a combination of these two options — is the optimal choice for their company. Bar codes are generally less expensive, but RFID offers a host of additional benefits. This article discusses how the two technologies work and the considerations that should be addressed in deciding which technology to adopt.
Cyber attacks are estimated to cost U.S. businesses as much as $250 billion per year, according to one estimate. Manufacturers and distributors rely heavily on electronic data systems — for example, to transfer freight manifests, track inventory with RFID tags and dispatch load routes — so they can’t afford to be unprepared for computer security breaches. This article discusses several ways to beef up information technology security.
Federal law requires employers to hire only U.S. citizens or foreign citizens who have the necessary authorization to work in the United States. Employers normally verify employment status with Form I-9, “Employment Eligibility Verification.” But how does a company know a new employee isn’t lying or providing counterfeit documents? This article discusses the Department of Homeland Security’s E-Verify system, which helps employers validate whether employees are truly eligible to work in the United States.
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