FREE NEWS ALERTS A free, comprehensive news service to keep small businesses and independent contractors posted on the latest tax developments affecting their operations.
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Tuesday, Dec. 27
Insurance - Disability Insurance, #102
Disability insurance pays benefits when an employee is unable to stay on the job due to an illness or injury. Most disability policies pay a benefit that replaces part of the insureds earned income (usually 50% to 70%) when the insured cannot work. If an employee falls down the stairs and breaks an ankle but can still work and earn the same amount of money earned before the accident, the employee will not receive
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