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Attracting Qualified Workers Presents a Problem for Small Businesses Since

question 257

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Attracting qualified workers presents a problem for small businesses since they usually offer less money, fewer benefits, and less room for advancement than larger firms offer.


Definitions:

Private Letter Ruling

A written decision by the Internal Revenue Service in response to a taxpayer's request for clarification on a specific tax issue, applicable only to the individual or entity that requested it.

Tax Authority

Governmental agencies responsible for the enforcement of tax laws and the collection of taxes.

Medicare

A federal health insurance program in the United States for people aged 65 and over, as well as for younger individuals with certain disabilities.

Health Care Insurance

An insurance policy that covers the cost of medical and surgical treatments for the policyholder.

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