The U.S. Senate is set to approve legislation that would eliminate a law requiring federal, state, and local governments to withhold 3% of their payments to contractors and companies doing business with the government.
The U.S. Senate is set to approve legislation that would eliminate a law requiring federal, state, and local governments to withhold 3% of their payments to contractors and companies doing business with the government. This measure, aimed at thwarting tax cheats, was scheduled to take effect next year.
For more information, click here [1]. BD+C
Links:
[1] http://www.washingtonpost.com/business/senate-set-to-approve-first-small-piece-of-obama-jobs-package-by-providing-assistance-to-vets/2011/11/10/gIQAdcCd7M_story.html