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Sep 21, 2016
On Aug. 5 the U.S. Department of the Treasury issued proposed regulations targeting the valuation practices of family-owned businesses. The proposed rules would lead to dramatically higher estate and gift taxes by eliminating the use of discounts currently permitted to reflect lack of control and marketability, respectively. The Wall Street Journal has referred to it as a "stealth death tax increase" that "rewrites long-standing interpretations of law."   READ MORE HERE
Sep 21, 2016
ABC and a coalition of business groups filed suit against the U.S. Department of Labor (DOL) Wage and Hour Division’s costly and burdensome final overtime rule on Sept. 20. The legal challenge was filed in the U.S. District Court for the Northern District of Texas.   READ MORE HERE
Sep 20, 2016
Beginning Jan. 1, 2017, the minimum wage for workers on covered federal contracts and service contracts will increase to $10.20 per hour from $10.15 per hour in 2016. The increase is dictated by the Oct. 7, 2014, U.S. Department of Labor’s Wage and Hour Division final rule that implemented Executive Order 13658.   READ MORE HERE
Sep 20, 2016
ABC is now accepting nominations for the 2017 Craft Professional of the Year and Craft Instructor of the Year awards. ABC members, employees and chapter staff may submit a nomination by the Jan. 6, 2017 deadline. If you know of someone who works hard, makes a difference in the industry and embodies the merit shop philosophy, enter them into the competition and they could walk away with the top title and a hefty grand prize.   READ MORE HERE
Sep 20, 2016
ABC is now accepting nominations for its Student Chapter of the Year. The award recognizes an outstanding student chapter for its accomplishments in programming, community service, communications/public relations and interaction with its ABC chapter. The Student Chapter of the Year will receive a $2,000 cash prize, complimentary registration and hotel accommodations for two students to attend ABC’s Legislative Week in Washington, D.C., and press coverage in ABC National media outlets.   READ MORE HERE
 
JOIN ABC-NJ FOR UPCOMING EVENTS!
Sep29 Crabfest

9/29/2016 4:00 PM - 8:00 PM
Woodstown Moose Lodge #932, 1 Bypass Road, Woodsto (map)
Click here to Register: https://myprereg.com//Events/ABCCRAB16

10/12/2016 4:00 PM - 6:00 PM
Clancy's Pub - Brooklawn, 304 Crescent Blvd, Brook (map)
Details coming soon!

10/27/2016 6:00 PM - 10:00 PM
Hyatt Regency New Brunswick, 2 Albany Street, New (map)
Thursday, October 27th from 6:00 PM - 10:00 PM at the  Hyatt Regency New Brunswick Registration is not yet open, but we are accepting submissions.   The deadline to submit your application is September 16th. Please click here for the information and submission packet.
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