Daily Tax Update - February 3, 2014: Ways And Means To Mark Up Two Tax-Related Bills

WAYS AND MEANS TO MARK UP TWO TAX- RELATED BILLS:  Tomorrow, the House Ways and Means Committee will mark up two tax-related bills, the “Save American Workers Act,” which would repeal the 30-hour threshold for classification as a full-time employee for purposes of the employer mandate in the Patient Protection and Affordable Care Act and replace it with 40 hours. 

The Committee will also mark up the “Protecting Volunteer Firefighters and Emergency Responders Act,” which would ensure that emergency services volunteers are not taken into account as employees under the shared responsibility requirements in the Patient Protection and Affordable Care Act.