Today, the U.S. Food and Drug Administration is launching the Digital Health Center of Excellence within the Center for Devices and Radiological Health (CDRH). The launch of the Digital Health Center of Excellence is an important step in furthering the agency’s overarching dedication to the advancement of digital health technology, including mobile health devices, Software as […]
Federal Affairs
100% First Year Depreciation Deduction Regulations Finalized
The Treasury Department and the Internal Revenue Service today released the last set of final regulations PDF implementing the 100% additional first year depreciation deduction that allows businesses to write off the cost of most depreciable business assets in the year they are placed in service by the business. The 100% additional first year depreciation deduction was created […]
NJ Groups to Share Federal Grants for Worker Safety and Health Training
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has awarded approximately $11.2 million in Susan Harwood federal safety and health training grants to 90 nonprofit organizations nationwide. The grants will provide education and training programs to help workers and employers recognize serious workplace hazards, including the coronavirus, implement injury prevention measures and […]
Proposed Rule Helps Employees Estimate Future Retirement Benefits
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today announced an interim final rule that will help workers determine their ability to retire by allowing them to estimate how their current savings in a 401(k)-type plan might translate into lifetime monthly payments. The rule implements section 203 of the Setting Every Community Up for […]
SBA: Small Businesses Procure Record $133B in Government Contracts
Every year, the federal government spends over $400 billion on goods and services, making it the largest purchaser of goods and services in the world. Today, the U.S. Small Business Administration released the annual Fiscal Year 2019 Small Business Federal Procurement Scorecard, which tracks and assesses each agency’s yearly and individually negotiated small business prime and […]