A coworker told me a friend of his in this state has 58 employees. He is forming a second business and placing 29 under eachh one.
Doesn’t work. Employees of all your businesses on your 1040 are totaled and if over 49, you are SOL.
“He is forming a second business and placing 29 under eachh one.”
I’m pretty sure there are new HHS regulations prohibiting that, too. Common ownership means the businesses will be consolidated.
A coworker told me a friend of his in this state has 58 employees. He is forming a second business and placing 29 under eachh one.
I believe that the IRS has rules against that now and will consider multiply owned companies to be as one for the purposes of Obamacare fines, etc.
” or terminate an employee if the purpose of the action is to avoid the employer’s obligations “
Can’t fire them and for those that say prove it i say the state will go after the employer and force them to prove a negative. Does anyone doubt the judges in that state won’t rule against the business?