Although they may not be offering immunity, a number of other states are offering additional business assistance programs and loosening their purse strings with more funds for business relief. In that vein, New Jersey governor Phil Murphy signed legislation last week that provides up to $14 billion in corporate tax relief to businesses in the…
Read More »The US Department of Labor Wage & Hour Division will present the final webinar in its series, “Navigating COVID-19: A Virtual Guide for the Employment Community” at 1:00 PM CDT next Tuesday, July 28. In conjunction with the Internal Revenue Service (IRS), Equal Employment Opportunity Commission (EEOC) and the Small Business Administration (SBA), this 1-hour…
Read More »Maryland Governor Larry Hogan continued his quest to roll back taxes and shrink the financial bite of government on Marylanders this week announcing a number of additional tax cuts he is proposing. Hogan unveiled the proposals one day before the legislative session began this week and a week after unveiling his $17 billion FY’17 budget…
Read More »Although it hasn’t made it to the President’s desk just yet, an important tax relief & spending authorization deal appears to have been reached in Congress this week and seemingly contains a few small but important Christmas gifts for small business if the deal holds and the bills signed into law by the President. Three…
Read More »It was one of the so-called “tax extenders” that have been allowed to expire in each of the past two years, only to be retroactively reinstated. At long last, the US House has moved the issue forward again and passed legislation that will make the accelerated and bonus depreciation deductions permanent. The legislation, known as…
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