What New Marijuana Laws Mean to Employers

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What New Marijuana Laws Mean to Employers

In November, voters in California, Massachusetts, Maine and Nevada decided to legalize the use of recreational marijuana, joining Alaska, Colorado, Oregon, Washington and the District of Columbia. Residents in Montana voted to roll back marijuana provider restrictions, and Florida, Arkansas and North Dakota legalized marijuana use for medical reasons. Medical marijuana is already legal in 25 other states and the District of Columbia.

What does this mean for employers? 

Read this news as published in the Business Journals

In the News

Good News For PEO Clients Eligible for the 20% Pass-Through Deduction

The Treasury Department and IRS issued formal guidance today clarifying that being a client of a PEO does not affect the eligibility of pass-through entities for the 20 percent tax deduction in Section 199A of the tax code.

The tax reform bill passed at the end of 2017 created Section 199A—allowing taxpayers to deduct the "combined qualified business income amount" from a pass-through entity in an amount up to 20 percent of the taxpayer’s taxable income.

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Need a loan? Advice? Many business owners give staffers help

Engage CEO, Jay Starkman, quoted by the Associated Press in an article about how many small business owners willingly provide some support to employees in need.

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