Hawaii 24/7

MEDIA RELEASE The Internal Revenue Service has issued guidance that designates the earthquake and tsunami in Japan in March 2011 as a qualified disaster for federal tax purposes. This guidance affects recipients of disaster relief payments as well as employer-sponsored private foundations. The guidance allows recipients of qualified disaster relief payments to exclude those payments […]

Read the full story

MEDIA RELEASE President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on Dec. 17, which extends the Emergency Unemployment Compensation (EUC) program through Jan. 3, 2012. The Department of Labor & Industrial Relations (DLIR) estimates up to 18,000 unemployed individuals in Hawaii may receive a total of $340 million […]

Read the full story