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SBA launches tool to clarify ACA employer mandate
The Small Business Administration has launched an online tool that seeks to clarify the Affordable Care Act’s employer mandate, saying businesses will not be able to avoid the law’s costs by cutting full-time employees to part-time hours because the government will add up the number of part-time hours to determine whether they qualify as full-time equivalent hours. “The uncertainty created by the [law] continues to cause franchises and other small businesses to hit the pause button on job creation,” said Matthew Haller of the International Franchise Association. Full Story.