Senator Grassley and Senator Bill Nelson Introduce Small Business Efficiency Act (S. 1908)

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On November 18, 2011, Senator Grassley (R-IA) and Senator Bill Nelson (D-FL) introduced the Small Business Efficiency Act into the Senate (S. 1908).  This bill is the Senate version of the House Bill, H.R. 2466.  Senator Pryor (D-AR), Senator Portman (R-OH), Senator Bingaman (D-NM) and Senator Conrad (D-ND) have also joined as co-sponsors.

The House version was introduced by Representative Kevin Brady and Representative Mike Thompson and is co-sponsored by Representatives Rob Andrews, Tim Bishop, Dennis Cardoza, Sean Duffy, Blake Farenthold, Nan Hayworth, Wally Herger, Ralph Hall, Sam Johnson, Pete Olson, William Owens, Erik Paulsen, Ted Poe, Tom Reed, Paul Tonko,and Allen West.

The Small Business Efficiency Act of 2011, H.R. 2466/S.1908, would provide clear rules for Professional Employer Organizations (PEOs) that are voluntarily certified by the IRS to collect and remit federal employment taxes for their small business clients. It will provide certainty for small businesses that use certified PEO services and will allow those small businesses to do what they do best- focus on their core business, grow their businesses, and create more jobs.

Learn more about how Professional Employer Organizations support small business.

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About Greg Slamowitz

Greg Slamowitz is a Co-Founder and Co-CEO of Ambrose Employer Group, LLC (www.ambrose.com), which was recently ranked among Crain’s New York’s list of the 50 fastest growing companies and was also recently recognized by the New York State Society for Human Resource Management as one of the “Best Companies to Work For in New York.” Greg enjoys learning and teaching and has spent considerable time over the last several years meeting with entrepreneurs and start-up companies and has presented his seminar, “Leading a Growing Company”, to more than 80 groups over the last several years. He is also finishing his book titled “Flip the Pyramid: How Any Organization Can Create a Workforce That Is Engaged, Empowered, Aligned and On Fire!”, which is expected to publish in the spring of 2013. Greg has also spent considerable time over the last three years in Washington DC with members and staffers of the Senate and House of Representatives educated them about the challenges to and solutions for small and mid-sized businesses. Greg is passionate about helping America’s small and mid-sized businesses focus on growth, profit, hiring and creating an awesome and healthy experience for each and every person working at a small and mid-sized business. Prior to co-founding Ambrose, Greg practiced tax law with Brown & Wood (now Sidley Austin Brown & Wood) in New York City. Greg holds two law degrees – a Master of Laws in Taxation from New York University School of Law, and a Juris Doctorate, with distinction, from Emory University School of Law in Atlanta. He received his undergraduate degree, cum laude, from New York University. Greg was the recipient of the 2001 Ernst & Young New York Entrepreneur of the Year® award in the employment services category. Greg is a past president and a former member of the board of directors of the National Association of Professional Employer Organizations (NAPEO), his industry's trade association. He is also the founder and past treasurer of the NAPEO Political Action Committee, and received NAPEO's Government Affairs Leadership Award for his proactive leadership in government affairs. Greg currently serves on the Dean's Advisory Board for Emory University's School of Law. Please visit Greg’s personal blog at www.gregslamowitz.com, his LinkedIn Profile at http://www.linkedin.com/pub/greg-slamowitz/5/814/176 and Twitter @gregslamowitz