The Employee Retention Credit (“ERC”) is a fully refundable tax credit against payroll taxes originally enacted as part of the CARES Act to encourage employers to continue paying employees despite financial hardship caused by the COVID-19 pandemic. The rules surrounding the ERC are quite complex, in part because the regulatory framework stems from multiple statutes
Many employers are currently wondering what OSHA expects from them and their employees being vaccinated? What is considered compliant/non-compliant? During this interim time, under the assumption that the OSHA ETS will move forward, there are plans that employers can make now to prepare and consider:
U.S. House Democrats proposed new legislation on Monday, which, if passed, could affect corporate, personal, and estate tax rates. Though this new legislation largely undoes the tax cuts passed under the Trump administration, it is substantially less severe than the proposal made by President Biden earlier this year. The House Ways and Means Committee intends
