Uncategorized
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Cross-Border COVID-19 Requirements
While there has been a lot of buzz and concern around supply chains and inflation the last few months, Canada and the United States have entered into a vaccine mandate in order to cross the border. Canada’s vaccine mandate to enter the country went into effect Saturday January 15th, while the United States vaccine mandate […]
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The Transportation Impact from the Infrastructure Bill
It can sometimes be difficult to see how bills affect your company or your industry but you would think an infrastructure bill would impact transportation, right? It certainly does. Within the bill there are various opportunities for grants, mostly to state and local governments, to improve current infrastructure as well as build infrastructure for the […]
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White House Releases Build Back Better Act Framework
Early Thursday, the White House had released the framework for the Build Back Better Act. The White House and House and Senate Democrats are continuing to negotiate and discuss the final bill. Here’s what’s included in the framework: Keep in mind that negotiations are still ongoing, and as we mentioned earlier this week are still […]
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New Direction for Potential Tax Legislation?
Authored by Miryam Wisnicki, Melissa Labant, and Chris Hesse After a week of backdoor negotiations between President Biden and key Democrat holdouts Senators Joe Manchin and Kyrsten Sinema, the White House and progressive Democrats appear prepared to compromise on some significant priorities in order to cobble together a social spending package that can pass Congress. Speaker Pelosi expects […]
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The IRS Lately: the Good, the Bad, and the Ugly
The IRS has been getting a lot of attention lately, for a variety of reasons. Most of it has been highlighting some frustrations taxpayers have been experiencing along with being a piece of the pending legislative proposals. Over the past 18 months, the pace of change has caused some major headaches for both taxpayers and […]
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Bus Driver Shortage
With schools starting back up, most of what you hear is around politically hot topics like should kids be in person, should masks be required, and what’s in the curriculum. But maybe the bigger discussion should be, how are your kids going to get to school? Finding school bus drivers has certainly been challenging the […]
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The Great Resignation — Staffing for Success
Authored by Joey Desiderio Hiring the right person is and always has been difficult. Between figuring out where to find talent, how to attract the right candidates to your business, and ultimately convincing a candidate to come work with you, recruiting is a highly involved and difficult process. According to Abe Eshkenazi, CEO of the […]
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SALT Deductions and Entity-Level Elections
In the transportation world, it’s not uncommon for companies to file in income and franchise tax returns in multiple states depending upon where they are located, where they have employees, and where they are driving. For some companies, it can mean filing returns in 30+ states/jurisdictions. With a $10,000 state and local tax (SALT) limitation […]
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IRS to Send Advanced Child Tax Credits Starting in July
The American Rescue Plan (ARP) increased the 2021 child tax credit from $2,000 per child to $3,000 for each child ages 6 to 17, and $3,600 for children under the age of 6. The ARP also called for the IRS to deliver half of the expected credit to families eligible beginning in July. The advanced […]
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Infrastructure Agreement Announced
A weeks ago, I had a great time with Susan Roberts, Carey Heymen, and Jen Rohen on the CLA Livestream. We discussed President Biden’s recent tax proposals and ways you can stay flexible while tax planning. You can watch a replay of the livestream here. As we discussed in the livestream, the infrastructure bill was […]