The IRS to Penalize Small Businesses who Reimburse Employee Healthcare Costs:   The IRS initiated a new rule effective July 1, 2015 that could crush many small businesses.  The 'excise tax' affects employers who do not offer a group health plan (which is not required for companies with less than 50 employees), but give their workers additional pay to compensate for the purchase of health insurance or direct medical expenses.

Tax Increase Costs Lab $2 Million: The Bernalillo County tax hike set to begin on July 1 will add about 19 cents onto every $100 purchase of most goods and services. This increase will cost Sandia National Laboratories about $2 million a year, and an estimated $64 per household. Read more on the tax HERE.