On November 5, 2021, Congress passed a $550 billion Infrastructure Investment and Jobs Act. This bill is separate from the Build Back Better Act, which includes the highly discussed and more significant tax proposal changes. Read on for a summary of tax changes passed by the infrastructure bill and proposed changes from the Build Back Better Act.
Learn about the top challenges and opportunities facing not-for-profit organizations in 2022. Topics include tax updates, the impact of new legislation, succession planning challenges, industry best practices and the importance of a robust cybersecurity program.
Construction contractors are in the business of documentation: contracts, reports, schedules, the list goes on. And that’s not including tax and financial records. Though most if not all this documentation is done digitally now, there are still questions about how long to keep certain records.
Join PBMares on November 3 to discover the top 10 tax strategies businesses should consider before year-end, including traditional tax strategies, remaining COVID-19 incentives, and opportunities expiring at year-end.
As supply chain issues continue to threaten construction industry growth, there are risk management and cash flow forecasting strategies that contractors can use to manage the uncertainty and stay on top of the changes.
When foreign businesses expand operations in the U.S., several areas must be addressed – starting with entity selection, understanding differences in American taxes vs the parent company’s home country, and more. This checklist can help.
Source: RSM US LLP. With the coronavirus pandemic consuming attention and companies focusing on implementing safety, readiness and response measures, a surge in potentially harmful phishing scams has emerged.
There are many tax changes proposed in the Build Back Better Act. PBMares has detailed a dozen tax changes (including an update October 28th) that would change the tax landscape and would require many taxpayers to re-evaluate their tax positions.
The use of an “Employee Hardship and Disaster Relief Fund Program” is one way to get money donated by members out to employees quickly and tax-free. This article explores the eligibility requirements clubs need to meet to ensure the funds can qualify as tax-exempt distributions,
More not-for-profit organizations are venturing into the cryptocurrency world, but may be unaware of where or how to start. Learning about the benefits, potential risks, and tax regulations can help organizations decide if crypto is the way to go.
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