Almost three months after it passed the U.S. Senate, President Biden has signed the Infrastructure Investment and Jobs Act (IIJA), better known as the bipartisan infrastructure bill. While the bulk of the law is directed toward massive investment in infrastructure projects across the country, a handful of noteworthy tax provisions are tucked inside it.
Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two proposed laws: the Build Back Better Act (BBBA) and the Bipartisan Infrastructure Bill (BIB), also known as the Infrastructure Investment and Jobs Act. The final provisions remain to be seen; however, the BBBA and,
KerberRose is pleased to announce The H.S. Group has joined KerberRose as an expansion of our Human Resources Consulting service line. Effective Oct. 1, 2021, this addition includes The H.S. Group’s employees, clients and assets. Founded in 1967, the H.S. Group is a human resources consulting business offering services including: recruiting, career transition/outplacement, HR
The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July 2021 — unless, that is, they opt out. Most eligible families won’t need to do anything to receive the payments, yet you need to understand the implications and why advance payments might
President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy initiative. The announcement followed the previous releases of the proposed $2.3 trillion American Jobs Plan and the Made in America Tax Plan. These plans propose major investments in various domestic initiatives, such as expanded
The COVID-19 pandemic put undue stress on the restaurant and hospitality industries, forcing many in the food and drink industry to shutter their doors and count their losses. The last year has forced legislators to address the economic strife of restaurant operators and owners with several rounds of pandemic relief aid and funds, the most
The unfortunate passing of a CEO—what is a very grim subject is also a very important topic for all organizations to face. Having a contingency plan for uncertain events such as the death of an owner or CEO is typically not high on a priority list or in a strategic plan. Yet, it is
Do you still need to file your personal income taxes? Due to the ongoing pandemic, the IRS has extended certain deadlines for individuals which would normally fall on April 15, including the federal tax-filing deadline, making IRA contributions and filing for unclaimed refunds.Last month the IRS announced it would extend the individual federal income tax filing
The Small Business Administration (SBA) recently announced they would be opening applications for the Shuttered Venue Operators Grant (SVOG) on April 8, 2021. KerberRose is here to help you understand eligibility for the grant funds, how you can prepare to apply, and common accounting or auditing questions for post-grant consideration. What is the Shuttered Venue
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion stimulus package is intended to provide comprehensive relief from the economic and other repercussions of the ongoing COVID-19 pandemic. In addition to funding for testing, contact tracing, vaccinations, education, and state and local governments, the ARPA
