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HHL Group, Inc. Newsletter for February, 28th, 2017.


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 Here are your Articles for February 28, 2017.
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  HHL Group, Inc.’s News
Employers: You Are Now Required to Use the New Form I-9
Employers must ensure their proper completion of Forms I-9 to verify the identity and employment authorization of their employees. A new Form I-9 was issued last year but employers could still use the old form. Now, they must use the the new version. This article explains.

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  Timely Opportunities
Seniors: Consider These Tax Breaks When Filing for 2016
There are some special tax breaks that can help “experienced” taxpayers reduce their federal income tax bills, including the bill for last year. Here are the details to help you decide if the tax-saving opportunities for itemized medical expenses and catch-up contributions to retirement accounts can work for you — and your senior friends and family members.

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  Family Business
Keeping the Business in the Family
If you’re part of a family business, you’ve taken pride in watching the company grow — and having family members be part of it. But at some point, you may want to step down from the leadership position. If you want your siblings or children to take the helm, make sure they’re well equipped to rise to the challenge. Here are some considerations as you craft a succession plan.

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  Management
Guard Against Age-Bias Suits When Downsizing
Layoffs can be unavoidable, and when they are, your business should take protections to avoid litigation, particularly when it comes to age discrimination. While you can ask employees to waive their right to file age-bias suits, federal law governs the terms of those accords rigidly. Click “Full Article” to understand how the statutory requirements work.

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  Operations
Survey Reveals Most Drug, Alcohol Abusers Work Full-Time
Most of the nation’s illicit drug users and heavy alcohol drinkers hold full-time jobs, according to one study released by the federal government. These employees are less productive and more prone to harming themselves and others in the workplace. What can an employer do to help prevent liability and the costly consequences of drugs and alcohol? Which industries have the most substance abuse among employees? For the answers, as well as the survey results, click “Full Article.”

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  Latest Headlines
Target to take $1 billion margin hit to close gap with rivals, shares sink
Reuters.com – Tue, 28 Feb 2017 10:48:00 -0500
Wall Street slips as financials, discretionary stocks drag
Reuters.com – Tue, 28 Feb 2017 10:04:38 -0500
With businesses split on U.S. border tax, wider reform looks shaky
Reuters.com – Tue, 28 Feb 2017 06:19:26 -0500
U.S. economy slows in the fourth-quarter; consumer spending remains bright spot
Reuters.com – Tue, 28 Feb 2017 10:02:23 -0500
Comcast to buy remaining 49 percent stake in Universal Studios Japan
Reuters.com – Tue, 28 Feb 2017 10:54:30 -0500
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  Disclaimer of Liability
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

 

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