As state and local governments look for new ways to stimulate their economies, incentivize employment and keep businesses afloat, the pressure for states to generate additional tax revenue continues. In response to this pressure, states are revisiting taxpayers’ compliance with their “nexus” rules and other tax policies and considering new taxes on digital services. In […]
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Putting the COVID crisis behind us, promoting climate change and implementing ESG initiatives, focusing on technology opportunities, defining healthcare for our country and building long-term resilience through our countries infrastructure are just a few items the Biden Administration has focused on over the first 100 days in office.
Read moreThe IRS on April 2, 2021, issued additional guidance for employers claiming the employee retention credit (ERC) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as modified in December 2020 by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Relief Act). The ERC is designed to help eligible businesses retain […]
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